Dairy sector set for another profitable year.
The Australian dairy sector is set for its fourth consecutive profitable year, according to Rabobank's most recent annual Australian Dairy Seasonal Outlook. With stronger domestic dairy market returns, a weak Australian dollar and "aggressive recruitment and retentions strategies" by dairy producers, the milk price will likely be lower than what is currently being offered across parts of the southern export region, but there is a "firm landing zone" expected for new season Australian milk prices. According to the report...
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