Oceania Dairy Market Overview

MADISON - Oct 1/15 - SNS -- The USDA published its latest review of dairy market conditions in Australia and New Zealand today.

OCEANIA OVERVIEW:
Australia milk production is moving towards the seasonal peak. Milk
production for the season is slightly up on last year, however month to date
for September is very slightly behind last year. Spring is continuing to be
dry in some key dairy areas which is causing some concern. The cold, wet
weather in New Zealand has not been conducive to forage growth. This
has decreased production. Coupled with the low farmgate level pricing,
this has led to an increase in cow culling. The milk production
forecast is predicted to be lower than last year. New Zealand's August
milk production, as reported by DCANZ, was 1.379 million MT, up
slightly from August 2014. August milk solids reflect a small decrease
compared with August 2014.
0930C Tara.Herbst@ams.usda.gov  608.557.7007
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal:
http://www.marketnews.usda.gov/mnp/da-home

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STAT News Service