Australia dairy margins tight as fuel, fertilizer costs surge: Rabobank report. Milk output to drop 1.2% in 2026/27, third annual fall. Shoppers switch to private-label amid price rises.
Australian dairy producers face tight margins in the 2026/27 season due to rising input costs including fuel, fertilizer, and labor, according to a Rabobank report. National milk production is forecast to decline by 1.2%, marking a third consecutive annual drop.
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