ALMONDS have emerged as Australia’s most valuable horticultural export for 2014-15, with annual export sales of $422 million, an increase of 14 per cent on the previous year. That’s according to the Almond Board of Australia which has just released its Almond Insights report. Sales for the first six months were up 54pc but a… Read more »
Monthly Archives: September 2015
Australia: China FTA crucial for growth, says horticultural group
Australia’s largest organisation representing fruit growers has called on the government to finalize the free trade agreement (FTA) with China as soon as possible, amid what it sees as ‘wavering commitment’ to the deal. Voice of Horticulture (VOH) said support for the FTA was crucial for growth in horticulture, especially for job growth in Australia…. Read more »
Australia’s robust imports and weak export prices keep trade deficit elevated
According to the official advanced estimate, imports were practically unchanged in July from June (0.2% mom), meaning that they remained at a high level, and were up by around 4.5% yoy. That said, all of this gain, and more, can be explained by the exchange rate, which in trade-weighted terms was down 13.5% yoy in… Read more »
IGC:World grain production down 1%
LONDON, ENGLAND — At 1.9 billion tonnes, the forecast for world total grains (wheat and coarse grains) production is increased by 18 million tonnes month-over-month, but is still down by 1% compared to last year’s record, according to the International Grains Council’s (IGC) Aug. 27 Market Report. While much of this month’s upgrade is tied… Read more »