Monday, November 21, 2011

Farmers feel positive about the future of dairy, says report

Farmer confidence remains varied across all dairying regions, underpinned by the differences between domestic and export supply markets, according to Dairy Australia’s 2011 Situation and Outlook Update report.

Analysis undertaken by Dairy Australia as part of the Update has also revealed instability within the world’s major developed economies, raising questions about the possible likelihood of another financial crisis and the impact it could have on dairy.

In an update of the February-​March National Dairy Farmer Survey conducted in late August, 78% of farmers are feeling positive about the future of the industry, compared to 72% when surveyed in February. [More]

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