Only Victoria ahead of Ireland for low 2012 dairy farming costs

A temperate and humid climate helps farmers in the south eastern Australian region of Victoria to produce milk cheaply.

A survey of dairy farming costs in six major production areas by Rabobank, the leading global agri-bank, shows Ireland had the second lowest 2012 costs, with only Victoria producing milk cheaper.

The Gippsland dairying region on the east coast of Victoria has 1,523 dairy farms which produce 22% of Australia’s milk. With only 26% of the herds having 150 cows or less, 30% of Gippsland farms produce 63% of the milk.