2024 is shaping up to be a remarkable year for dairy profitability. After a spiritless start, an early-spring surge in prices seemed too good to last.
Calf prices steadily improved through the first four months of 2019 and drought conditions have significantly eased, but profit margins in the beef sector remain tight.
The premium and luxury segments saw smaller losses than the value segment. For the fourth consecutive year, wine sales volumes fell in 2024. However, the pace