‘Dairy Shortages, No Ifs or Buts’: Milk and Butter Prices to Rise as Farmers Tread Water
- NSW dairy farmers are returning to properties destroyed by a 1-in-500 year flood while drought cripples farms in Victoria and South Australia in early 2025.
- Flood damage, including dead or missing cattle and destroyed infrastructure, combined with record dry conditions and drought affecting over 40% of dairy farmers, caused sharp production losses.
- Farmers face multi-million dollar losses for feed, pastures, and income, prompting urgent calls for government disaster grants and support amid rising fodder prices nearly doubling usual costs.
- Industry leaders warn milk, butter, and other dairy prices will surge from July 1 as shortages spread nationwide, with Joe Bradley stating, "There's no ifs or buts & it's a disaster."
- The combined effects imply inflationary pressure on dairy products for months, potential increased imports exposing Australia to global price volatility, and mental health risks for farmers needing stronger aid.
22 Articles
22 Articles
A group of dairy farmers have been trying for years to anticipate future government policy by continually renewing their businesses. But even these ultimate optimists feel uncertain, especially now that the cabinet has fallen. "The government must provide clarity. Now we are at a standstill."
The price of dairy products continued to rise in May, with sour cream becoming the most expensive on store shelves. The price of several vegetables also rose, while a kilo of sugar is much cheaper than a year ago.
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