Global dairy prices expected to move higher through 2024

Limited milk supply growth and lacklustre demand led to soft global dairy commodity pricing in 2023. However, the global dairy market appears to be transitioning to the next phase in its cycle, with prices expected to move higher through 2024, according to a new report from Rabobank.

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Saputo explores potential sale of King island Dairy

Saputo Dairy Australia will undertake a strategic review of its King Island Dairy facility in Tasmania, and has committed an additional $27 million towards improvement projects across its sites in Victoria and Tasmania, commencing this fiscal year.

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New breed record of $17,000 at Victorian Branch Guernsey Sale.

A new breed record was reached for an unjoined heifer at the Victorian Branch Guernsey Sale held at the Rochester Showgrounds when Glamorous Kakadu Barbell, 9 month old heifer sold a/c Andrew and Abbey Crawford of Numbaa, NSW to Ray Perkins and Shirleen Evans of Laceby, Vic at $17,000.

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