Australian Consumers to Avoid Milk Price Hikes in 2023

Australian Consumers to Avoid Milk Price Hikes in 2023
This photo shows some of the Australian milk products in Melbourne, Australia, on May 25, 2016. Darrian Traynor/Getty Images
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Australian consumers will not be hit by a price surge in dairy products in 2023 despite the market outlook pointing to another strong year for farmers, a new report has shown.

According to the Australian Dairy Seasonal Outlook by Rabobank, a multinational financial institution specialising in food and agriculture banking, dairy prices are likely to remain high in the upcoming season, with the sector expecting its fourth consecutive profitable year.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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