The 2024-25 financial year was one of extremes for NSW dairy farmers with extraordinarily wet conditions in the North and significantly dry conditions in the South. Despite these challenges, average profitability on our NSW Dairy Farm Monitor farms was above the long-term average for the 5th year in a row. Average Return on Total Assets managed was 4.3%, down slightly from the previous year of 4.5%. In this episode we discuss factors that impacted these results and look at some of the regional nuances between the North and South group of farms participating in the project. This project is an ongoing collaboration between NSW DPIRD and Dairy Australia and marks the 14th year of DFMP in NSW.
Useful resources related to this podcast:
· NSW Dairy Industry Overview 2025 and Snapshot
· NSW Dairy Farm Monitor Project webpage with links to the Annual Report, Regional Summaries and the Interactive DFMP Report
· Dairy Australia’s DFMP webpage with links to Annual Reports for all milk producing regions of Australia
This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit – further information and resources are available here - Dairy | Department of Primary Industries
It is brought to you in partnership the Hunter Local Land Services
Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address thebusinessofdairy@gmail.com
Further NSW DPI Dairy channels to follow and subscribe to include:
NSW DPI Dairy Newsletter - Connect with us | Department of Primary Industries
Transcript here
Produced by Liam Driver
The information discussed in this podcast are for informative and educational purposes only and do not constitute advice.
