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Showing posts from June, 2022

How Australia’s Dairy Exports Is Powering Through the Pandemic & Post Pandemic

The Australian dairy industry has grown from humble beginnings into a leading national industry that injects close to A$13 billion into Australia’s economy. This major industry has adopted the latest technology to produce whole milk and dairy products in significant qualities. Australia is the world’s third-largest exporter of dairy products, exporting more than 50% of its production with Victoria producing the most milk for export. According to the report released by Dairy Global , Australia’s dairy exports were worth A$3.2 billion in 2019 and exports have been steadily increasing over the past five years. Australia exports over 34% of its dairy exports to China. According to Statista.com , exports to China were worth around A$938 million in 2021, making China the leading export destination for Australian dairy products. China’s milk production costs have been at a historic high owing to the high costs of soybeans and corn used to feed cows in intensive animal production sy