Demand for Australian dairy products booming across the globe
Dairy Australia's sustainable international trade senior manager Catherine Taylor said there was growing international demand for Australian dairy products.
She said it was believed there would be a deficit of up to 30 million tonnes by 2030 across the globe, based on supply and demand.
"Demand is coming from countries that are growing, like in Southeast Asia," Ms Taylor said.
"Other countries, including African countries, also have a growing need for protein and dairy nutrition and there's markets where we have been exporting to, including Japan and China, for decades."
Ms Taylor said about 32 per cent of Australia's milk was currently exported.
She said while countries including Japan and China were processing more of their own milk, demand for Australian products would continue because of the high-cost to those countries to produce it.
Ms Taylor said innovative dairy products from Australia would also continue to be in high demand.
She said the nation had a great reputation for being a reliable supplier of quality products.
In 2023-24, Australian producers exported about $1 billion worth of dairy products to China, $1 billion to Southeast Asia and about $500 million to Japan.
"The Middle East is another one where are dairy products are in demand," she said.
"We find that Australian dairy ends up in about 100 countries."
Ms Taylor said exporting products could be a good way for farmers to add another revenue stream.
"It's important dairy farmers know that export offers very valuable, long-term options," she said.
Ms Taylor said there had been questions asked about whether China's demand would continue.
"China is producing much more milk than it ever has, and the economy is still a bit soft, but it's a long-term game," she said.
"What we will see, I think, is that China will continue demanding high-value added products like cheese or frozen-milk concentrate that they may not be able to supply themselves.
"Producing milk in China is a very expensive thing to do.
"We should be confident that there will always be a demand for Australian dairy."
Dairy farmers have been asked to consider exporting more of their products to boost profitability.
Dairy Australia's sustainable international trade senior manager Catherine Taylor said there was growing international demand for Australian dairy products.
She said it was believed there would be a deficit of up to 30 million tonnes by 2030 across the globe, based on supply and demand.
"Demand is coming from countries that are growing, like in Southeast Asia," Ms Taylor said.
"Other countries, including African countries, also have a growing need for protein and dairy nutrition and there's markets where we have been exporting to, including Japan and China, for decades."
Ms Taylor said about 32 per cent of Australia's milk was currently exported.
She said while countries including Japan and China were processing more of their own milk, demand for Australian products would continue because of the high-cost to those countries to produce it.
Ms Taylor said innovative dairy products from Australia would also continue to be in high demand.
She said the nation had a great reputation for being a reliable supplier of quality products.
In 2023-24, Australian producers exported about $1 billion worth of dairy products to China, $1 billion to Southeast Asia and about $500 million to Japan.
"The Middle East is another one where are dairy products are in demand," she said.
"We find that Australian dairy ends up in about 100 countries."
Ms Taylor said exporting products could be a good way for farmers to add another revenue stream.
"It's important dairy farmers know that export offers very valuable, long-term options," she said.
Ms Taylor said there had been questions asked about whether China's demand would continue.
"China is producing much more milk than it ever has, and the economy is still a bit soft, but it's a long-term game," she said.
"What we will see, I think, is that China will continue demanding high-value added products like cheese or frozen-milk concentrate that they may not be able to supply themselves.
"Producing milk in China is a very expensive thing to do.
"We should be confident that there will always be a demand for Australian dairy."
Dairy farmers have been asked to consider exporting more of their products to boost profitability.
Dairy Australia's sustainable international trade senior manager Catherine Taylor said there was growing international demand for Australian dairy products.
She said it was believed there would be a deficit of up to 30 million tonnes by 2030 across the globe, based on supply and demand.
"Demand is coming from countries that are growing, like in Southeast Asia," Ms Taylor said.
"Other countries, including African countries, also have a growing need for protein and dairy nutrition and there's markets where we have been exporting to, including Japan and China, for decades."
Ms Taylor said about 32 per cent of Australia's milk was currently exported.
She said while countries including Japan and China were processing more of their own milk, demand for Australian products would continue because of the high-cost to those countries to produce it.
Ms Taylor said innovative dairy products from Australia would also continue to be in high demand.
She said the nation had a great reputation for being a reliable supplier of quality products.
In 2023-24, Australian producers exported about $1 billion worth of dairy products to China, $1 billion to Southeast Asia and about $500 million to Japan.
"The Middle East is another one where are dairy products are in demand," she said.
"We find that Australian dairy ends up in about 100 countries."
Ms Taylor said exporting products could be a good way for farmers to add another revenue stream.
"It's important dairy farmers know that export offers very valuable, long-term options," she said.
Ms Taylor said there had been questions asked about whether China's demand would continue.
"China is producing much more milk than it ever has, and the economy is still a bit soft, but it's a long-term game," she said.
"What we will see, I think, is that China will continue demanding high-value added products like cheese or frozen-milk concentrate that they may not be able to supply themselves.
"Producing milk in China is a very expensive thing to do.
"We should be confident that there will always be a demand for Australian dairy."
Dairy farmers have been asked to consider exporting more of their products to boost profitability.
Dairy Australia's sustainable international trade senior manager Catherine Taylor said there was growing international demand for Australian dairy products.
She said it was believed there would be a deficit of up to 30 million tonnes by 2030 across the globe, based on supply and demand.
"Demand is coming from countries that are growing, like in Southeast Asia," Ms Taylor said.
"Other countries, including African countries, also have a growing need for protein and dairy nutrition and there's markets where we have been exporting to, including Japan and China, for decades."
Ms Taylor said about 32 per cent of Australia's milk was currently exported.
She said while countries including Japan and China were processing more of their own milk, demand for Australian products would continue because of the high-cost to those countries to produce it.
Ms Taylor said innovative dairy products from Australia would also continue to be in high demand.
She said the nation had a great reputation for being a reliable supplier of quality products.
In 2023-24, Australian producers exported about $1 billion worth of dairy products to China, $1 billion to Southeast Asia and about $500 million to Japan.
"The Middle East is another one where are dairy products are in demand," she said.
"We find that Australian dairy ends up in about 100 countries."
Ms Taylor said exporting products could be a good way for farmers to add another revenue stream.
"It's important dairy farmers know that export offers very valuable, long-term options," she said.
Ms Taylor said there had been questions asked about whether China's demand would continue.
"China is producing much more milk than it ever has, and the economy is still a bit soft, but it's a long-term game," she said.
"What we will see, I think, is that China will continue demanding high-value added products like cheese or frozen-milk concentrate that they may not be able to supply themselves.
"Producing milk in China is a very expensive thing to do.
"We should be confident that there will always be a demand for Australian dairy."
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sky News AU
41 minutes ago
- Sky News AU
Nyrstar secures $135m bailout from federal, South Australia, Tasmania govts as it struggles with Chinese market distortion
An embattled metals producer will receive a $135m bailout from the federal, South Australian and Tasmanian governments as it struggles with alleged market distortions by China. Lead and zinc refiner Nyrstar, a global company which is a subsidiary of Singapore-headquartered commodities company Trafigura, has loss making ventures in South Australia's Port Pirie and in Hobart. It pushed for government assistance earlier this year amid concerns of going under. Local boss Matthew Howell has claimed that China is 'distorting global markets' and 'eroding global operating margins' which has 'imperilled the commercial viability of domestic processing' across Western nations. Industry Minister Tim Ayres and South Australian Premier Peter Malinauskas addressed reporters on Tuesday to confirm it would back the company which directly employs 1400 workers and indirectly supports 6600 jobs, according to Nyrstar. Mr Ayres said the funds would enable Nyrstar to upgrade its facilities which Mr Howell had previously said needed refreshing to compete with China. 'The maintenance and engineering upgrades are going to require hundreds of additional workers as contractors here in Port Pirie and in Hobart,' he said on Tuesday. 'That's going to make a big difference in terms of the maintenance supply chains and the economic viability of this vital industrial community.' Mr Malinauskas said the South Australian government's contribution for the Port Pirie plant was crucial for setting the location up for a 'more prosperous future' as the industry faces domination by China. 'We know there is a journey in front of us to be able to tackle the challenges we see, particularly coming out of China,' the SA Premier said. 'We should be up-front and honest about them. When people contemplate - is this an appropriate investment on behalf of taxpayers? - one also has to think about the counterfactual. 'The counterfactual would be to allow the Western world to see China consolidate all of … the world's smelting capacity, which would mean that we don't get to participate in the critical mineral and critical metal supply chain of the future.' Mr Howell has claimed the Chinese government subsidises companies to purchase Australian materials at prices local smelters could not afford. China then subsidises the processing of these materials and enforces export controls on the finished metals. The practice was crippling Nyrstar's Australian operations, according to Mr Howell who in June warned its Port Pirie operation was losing tens of millions each month and needed urgent government help. Nyrstar's Global CEO Guido Janssen said the company was particularly appreciative of the help in 'the face of extremely challenging global market conditions'. 'This support demonstrates the strategic importance of the Australian operations for sovereign capability and delivering the products needed globally for modern economies,' Mr Janssen said. 'This announcement is a credit to the teamwork and excellence of our teams at Port Pirie and Hobart and is an important step forward as part of our global focus on increasing critical and strategic metals production.' The manufacturer will receive $57.5m from the federal government, $55m from South Australia and $22.5m from Tasmania. Nyrstar produces materials that are critical for batteries, flame retardants, semiconductors and solar panels amongst other items.
Herald Sun
an hour ago
- Herald Sun
Nick Papps appointed inaugural editor of The California Post
Don't miss out on the headlines from Victoria. Followed categories will be added to My News. Veteran News Corp Australia journalist Nick Papps has been appointed inaugural editor of The California Post – a soon-to-launch sister publication to the famed New York Post. In a statement released on Tuesday morning local time, the New York Post Media Group heralded the new media venture, with its content to appear across multiple platforms and formats, including mobile and desktop sites, video, audio, social media and a daily print edition. It will launch in early 2026. 'Now, more than ever, Californians need a media outlet dedicated to common sense, clever coverage of the most important issues, many of which are ignored or dismissed by current print and digital outlets,' the statement read. 'Despite its vibrancy – as well as the upcoming Olympic Games and World Cup – California lacks a voice that will hold leaders to account as they attempt to tackle the most critical issues facing residents. 'In fact, Los Angeles is fast becoming a news desert, despite being home to nearly 13 million monthly digital newsreaders. Thousands of stories are going untold and countless perspectives aren't being represented by a media ecosystem that has lost touch with the people – especially as the city and state face unprecedented challenges and leadership vacuums.' Papps, to be the new Los Angeles-based masthead's inaugural editor, is currently weekend editor of the Herald Sun. News Corp Australasia executive chairman Michael Miller described Papps as a 'talented' editor. 'Nick has built a great editorial career since starting out as a cadet reporter in Adelaide in 1992, and he has excelled in senior reporting and editing assignments in multiple cities,' Mr Miller said. 'Importantly for his new role, one of those cities is LA, where Nick was a correspondent for our Australian mastheads from 2004 to 2006, so he is returning to a town he knows and loves.' Herald Sun editor Sam Weir congratulated Papps. 'Nick has done a stellar job as weekend editor and played a vital role in making the Herald Sun the most-read masthead by Victorians across digital and print,' he said. 'Everyone in the newsroom wishes Nick all the success with this exciting opportunity'. News Corp chief executive Robert Thomson said the Californian market was currently 'starved' for serious reporting. 'Los Angeles and California surely need a daily dose of the Post as an antidote to the jaundiced, jaded journalism that has sadly proliferated,' Mr Thomson said. 'We are at a pivotal moment for the city and the state, and there is no doubt that the Post will play a crucial role in engaging and enlightening readers, who are starved of serious reporting and puckish wit. 'I am also pleased that (New York Post editor-in-chief) Keith Poole's remit is expanding, as he will now be responsible for covering not just New York, but California, the US, the world and, perhaps, Mars.' The California Post will operate as a separate entity under the New York Post Media Group, a subsidiary of News Corp, publisher of The Australian.
Perth Now
an hour ago
- Perth Now
Households spending on non-essentials as pressures ease
Australians have been splashing out on new cars, food and electronics as price pressures ease. Household spending rose 0.5 per cent in June on top of a one per cent increase in May as shoppers shelled out for new goods, official figures show. Spending on furnishings and household equipment led the charge, growing by two per cent, while clothing and shoes rose by 1.6 per cent and food increased by 1.5 per cent in Australian Bureau of Statistics data released on Tuesday. Australians spent less on alcohol and tobacco, health and eating out in June. Compared to same month in 2024, Australians spent 7.9 per cent more on recreation and culture and 7.5 per cent more on food, with household spending overall sitting 4.8 per cent higher. Data for the June quarter showed a third consecutive rise - of 0.7 per cent - in the volume of household spending to $217.8 billion, driven largely by non-essential purchases on things like recreation and culture, and hotels, cafes and restaurants. The figures reflect "a steady improvement in consumer confidence as price pressures eased over the year", the bureau's head of business statistics Robert Ewing said. Household spending grew in all but one Australian state or territory, with the NT experiencing the biggest rise. The only fall was in WA where it dropped 0.3 per cent. The results were echoed by a lift in consumer confidence to its highest level in three years amid falling inflation and growing hopes of an interest rate cut. Roy Morgan's weekly consumer confidence index, also released on Tuesday, showed a rise of 3.9 to surpass 90 points for the first time since May 2022. The Reserve Bank is widely tipped to cut interest rates at its August meeting after a surprise decision to leave the cash rate unchanged in July.
