Australian Dairy Spread Price Drops to $2,516 per Ton
Mar 27, 2023
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Australia Dairy Spread Export Price in December 2022. In December 2022, the dairy spread price amounted to $2,516 per ton (FOB, Australia), with a decrease of -54% against the previous month. Australia's dairy spread exports reached 87 tons for the first time since July 2022, with Cook Islands (50 tons) and South Korea (37 tons) being the main destinations. The fall in prices can be attributed to lower demand from international markets and an oversupply of product, causing significant strain on the producers. Industry experts are calling for urgent government intervention to help the industry weather the storm and emerge stronger in the long run.