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Many Australian dairy farmers report they are in a "stable and happy position" - the best outcome in a decade, says Dairy Australia. Improved weather conditions, a strong milk price, and overall stable input costs have provided grounds for profitability, . DA's Analysis and Insights manager Eliza Redfern said data collected as part of the 2024 National Dairy Farmer Survey indicated that Australian dairy farmers' confidence remained buoyant.

"Despite increased climate and market volatility over the last four years, the proportion of farming businesses feeling positive about the industry's future over that time has remained relatively steady, at 68 per cent in 2024," Ms Redfern said. "The data also shows that 80pc of Australian dairy farmers are feeling positive about their own businesses and back-to-back profitable seasons have led to a growing number reporting they are in a "stable and happy" position." The report also indicated .



The report found larger-than-expected growth in February of 5pc year-on-year and further milk recovery in March, despite drier conditions in many regions, would propel national production 2-3 pc higher than expected. For upcoming season, DA expected milk volumes to drop slightly, down by about 1pc, maintaining a national milk pool of about 8.3 billion litres.

The report indicated that the stabilisation of farm input costs may help mitigate some pressure during the 2024/25 season. A would impact farmer confidence and ultimately milk production, while.

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