Dairy farmers riding high on one of the best seasons in recent memory

One of the best seasons in recent memory has boosted fortunes for many of Australia’s dairy farmers.

An industry report looking at the dairy sector’s operating environment has identified low input costs, solid demand and stable production as some of the factors driving confidence and income.

However, Dairy Australia’s latest Situation and Outlook report shows things aren’t quite so rosy globally.

Senior industry analyst Sofia Omsted said good seasonal conditions across much of the country were a key factor in improving operating conditions at the farm gate.

Decent rain has helped farmers increase on-farm feed production, which helps lower operating costs.

“We’ve seen a surge in grain and fodder production and with plentiful…