A falling Australian dollar is good news for farmers. The value of farm exports are estimated to increase by nearly half a billion dollars for every one US cent fall in the currency. That’s the analysis of the Australian Bureau of Agricultural and Resource Economics and Sciences prepared for its annual conference in Canberra. The… Read more »
The horticulture sector can expect gradually increasing returns over the medium term, with the gross value of horticultural production growing from a projected $9.5 billion in 2014-15, to $9.8 billion by 2019-20, in today’s money. The sector will be buoyed by the weaker Australian currency and increasing opportunities in Asia, as free trade agreements with… Read more »
AUSTRALIAN grain and oilseed production is forecast to rise over the next five years to reach 42.6 million tonnes by the end of the decade, but there are no spectacular price rises on the horizon. That’s the view of the national commodity forecaster, ABARES (Australian Bureau of Agricultural and Resource Economics and Sciences), which was… Read more »
The almond industry says this year’s harvest is still on track to be Australia’s biggest crop ever. Harvest has started in the major growing areas of Sunraysia, Riverland and Riverina this week and will continue until April, depending on weather conditions. The world’s demand for almonds is growing each year, especially from countries like India… Read more »
CARROTS could be key to beating cancer, according to scientists. They contain powerful cancer-busting chemicals, experts at Newcastle University have found. The natural compounds, known as polyacetylenes, protect the plant from attack by pests and diseases. They occur only in vegetables of the carrot family and a few other closely related species such as ginseng…. Read more »
