Frost, hail, bushfires and variable rain have not stopped West Australian farmers recording an above average harvest this season. The state’s grain handler Co-operative Bulk Handling (CBH) said this year’s yield was up about 30 per cent. “It’s a well above average crop, we’ll probably look to receive about 13 million tonnes this harvest, so… Read more »
Australia cut its crop export forecasts, hacking by more than 1m tonnes its expectation for coarse grain shipments, citing factors from “strong competition” in wheat trading to Chinese corn subsidy reforms. Abares, the official Australian commodities bureau, cut by 580,000 tonnes to 16.95m tonnes its forecast for wheat exports from the southern hemisphere’s bigger shipper… Read more »
Australian Horticultural Exporters Association (AHEA) is a national peak association formed to promote the development of the export and import of fresh horticultural resources. AHEA’s Board and Members are representative stakeholders across the horticulture industry. Background: Australian Horticulture Industry Exports to India Australian exports of fresh fruit were valued in 2014 at approximately $2.7million (ITC… Read more »
AUSVEG’S latest survey has shown a 3.5 per cent dip in confidence among growers, during the July to September quarter. The Grower Confidence Survey involves a selection of ten questions relating to how confident growers feel about key economic indicators, including macroeconomic confidence, investment confidence, market confidence and confidence in government policy. The confidence index… Read more »
India, historically an occasional sugar importer in bulk, will remain an exporter the “next few years at least”, thanks to the enthusiasm among farmers for growing cane – a factor which has ended the country’s notorious sugar cycle too. Historically, India, the world’s second-ranked sugar producer and top consumer, operated on a five-year sugar cycle –… Read more »
Stone fruit producers in the Victorian Mallee are praying rain will stay away after showers last week destroyed fruit on the cusp of being harvested. Parts of the Mallee are in a one in 20 year rainfall deficiency, but producers say rain at this time of year will do more harm than good. Stone fruit… Read more »
AUSTRALIA’S agricultural outputs and food products are in strong demand overseas, particularly in Asia where a rapidly growing middle class is outpacing food production capability. With our high quality and high volume production, Australia is well placed to meet this demand. South Korea is one such growing market for Australian agricultural exports. South Korea offers… Read more »
The target is to cover 5,000 hectares with financial assistance from Rashtriya Krishi Vikash Yojana (RKVY) . “Since about 68% of the farming community is small and marginal in the State and most of them are unable to procure seed potatoes as per their requirement due to non-availability of adequate funds, it has been proposed… Read more »
A free-trade agreement between China and Australia will be in place before the end of the year after the Australian opposition dropped its objections to the plan following lengthy negotiations. The deal will now be approved by the Australian Parliament with the support of the centre-left Labor Party, whose misgivings had held up its passage… Read more »
The Australian Food and Grocery Council’s (AFGC) annual ‘state of the industry report’ says a nearly 30 per cent increase in food exports was largely driven by high demand for Australian beef. AFGC chief executive, Gary Dawson said a more favourable exchange rate has been an enormous help for exporters, but the opening up of… Read more »
Tasmania’s cherry industry is growing rapidly, largely thanks to free trade agreements with Korea and Japan. The state’s biggest cherry exporter, Reid Fruits, won the Tasmanian Exporter of the Year award on Friday night for the second year running. The awards recognize exporters’ contribution to the economy as well as their innovation and expertise. A… Read more »
A bout of hot, dry weather in Australia over the next three months is likely to exacerbate an expected downturn in agricultural output, with wheat and milk production most affected, analysts said on Wednesday. Nearly all of Australia’s east coast is likely to record below average rainfall until the end of the year, the Australian… Read more »
Australian farmers are set to gain major new market access for our agricultural products, after the Australian Government today agreed a historic new trade agreement with Asia-Pacific nations, the biggest ever of its kind. Minister for Agriculture and Water Resources, Barnaby Joyce, said the conclusion of negotiations for the Trans–Pacific Partnership Agreement (TPP) between Australia… Read more »
Concerns are growing in the global grain trade over whether China will limit imports of barley and sorghum in an effort to divert buyers to local corn, according to a food and agriculture analyst. The United States Department of Agriculture estimates China’s domestic stocks this year at 81.46 million tonnes, while the United Nations Food… Read more »
Onion prices have softened by 15 per cent this month following raids on hoarders in Nashik, the national hub for production and trade. To discourage exports, the commerce ministry raised the minimum export price of onion to $700 a tonne on August 28, over $300 higher than the prevailing price in importing countries. The government… Read more »
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 »
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 »
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 »
