Australian Dairy Industry In Focus 2009 - Dairying For Tomorrow

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Figure 11 Australian dairy farm financial performance $150,000 $125,000 $100,000 $75,000 $50,000 $25,000 $0 ($25,000) ($50,000) ($75,000) ($100,000) Farm business profit Farm cash income 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 (p) Source: ABARE The range of financial performance is very wide across dairying regions and there most likely are wide variations within regions. Despite the significant economic pressures on dairy farming operations in recent years and strongly increasing debt levels, it is interesting to note that the level of farm business equity, as estimated by ABARE, continues to be slightly above the long-term average of 80% as the capital value of farming land assets has also increased strongly. 16 Australian Dairy Industry In Focus 2009
Milk production While farm numbers have steadily decreased over the past three decades, milk output generally increased, due to increasing cow numbers and improved cow yields up until the major drought of 2002/03. The following few years were a period of consolidation for the industry, with falling cow numbers and seasonal conditions constraining production. Recent seasons have seen continuing drought conditions across many dairying and grain growing regions, further reducing cow numbers and limiting any growth in milk production. Nevertheless, there have been significant on-farm adaptation strategies employed to manage the highly variable conditions of recent years, particularly in the inland irrigation regions of northern Victoria, and central and southern inland New South Wales where water allocations have been very low for a number of years. Figure 12 Australian milk production vs indicies of farms and cows milked 12,000 Cows milked (index) Farm no. (index) 10,000 Milk production (million litres) Million litres 8,000 6,000 4,000 140 120 100 80 60 40 Index 0 1986/87 1987/88 1988/89 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1989/90 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 (p) 0 2,000 20 Source: Dairy manufacturers, ABS, State Authorities and Dairy Australia Figure 13 Seasonality of milk production in Australia, 2008/09 (million litres) 1,200 1,000 800 600 400 200 0 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Source: Dairy manufacturers Australian Dairy Industry In Focus 2009 17
Page 1 and 2: Australian Dairy Industry In Focus
Page 3 and 4: Contents Foreword .................
Page 5 and 6: Dairy 2009: Situation & Outlook Bac
Page 7 and 8: What did farmers say in September 2
Page 9 and 10: Withdrawing stimulus too early coul
Page 11 and 12: The Australian dairy industry An im
Page 13 and 14: Farm facts Australia’s climate an
Page 15 and 16: y factors such as product and marke
Page 17: Australian dollar has lowered local
Page 21 and 22: Cows’ milk consists of solids (mi
Page 23 and 24: Dairy manufacturing As in the farm
Page 25 and 26: to which Australia is excluded from
Page 27 and 28: Drinking milk Regular or wholemilk
Page 29 and 30: Cheese Australia produced 342,000 t
Page 31 and 32: Fresh and frozen dairy products Aus
Page 33 and 34: outlets account for only a small pe
Page 35 and 36: Industry organisations and structur
Page 37 and 38: Australian Dairy Industry Council T
Page 39 and 40: Appendices 1. Regions 38 2. Milk pr
Page 41 and 42: Appendix 2 - Milk production Figure
Page 43 and 44: curd and whey. The curd is cut, hea
Page 45 and 46: Appendix 4 - Supermarket sales Milk
Page 47 and 48: Tablespreads Table A11 Supermarket
Page 49 and 50: Table A15 Australian exports of who
Page 51 and 52: Table A18 Australian exports of but
Page 53 and 54: Appendix 6 - Imports Table A22 Impo
Page 56: Dairy Australia ABN 60 105 227 987

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