Tuesday, May 21, 2024



GrainGrowers watching Incitec sale

GrainGrowers is closely monitoring the impending sale of Incitec Pivot Fertiliser (IPF) to Indonesian government-backed fertiliser company PT Pupuk Kalimantan Timur (PKT) to ensure growers have access to a consistent supply of critical inputs. GrainGrowers’ Chair Rhys Turton said the sales process had been underway for some time, with members expressing concerns over access to an uninterrupted supply of products.

Rabobank semi-annual global fertiliser outlook: The quest for recovering lost demand

A recent Rabobank report highlights a complex scenario for the global fertiliser market – fertiliser costs are down, but so are commodity prices, squeezing farmers’ margins. Demand for certain fertilisers, such as phosphates, is experiencing a downturn.

Avoiding seed damage at planting: Incitec Pivot Fertilisers

Better than expected summer rain across key winter crop growing areas has set up a favourable window for 2024 winter crop planting ... Incitec Pivot Fertilisers (IPF) technical agronomist Clint Sheather explains while the last thing growers want to do when applying fertiliser at planting is delay or reduce plant emergence, there is potential for seed damage when fertiliser is placed with the seed.  

The future is nearly here with biohub expected to be built by 2025

In years to come Casino could be known not only for its beef industry but for its innovation and sustainability. Visitors may still come to tour the Casino Food Co-op abattoir and packaging centre but there is likely to be great interest in seeing the workings of the biohub next door that creates energy from the nutrient-rich waste at the Co-op site.

Rural commodity price rises buoy index for third consecutive month: NAB

The NAB Rural Commodities Index* increased for the third month in a row in January, underpinned by rising cattle prices which are now around 60 per cent higher than their October lows. NAB’s February Rural Commodities Wrap ... reports cattle, lamb and dairy prices have all recorded gains, fuelling the Index’s rise to levels last seen in May 2023.

From cars to conservation – UAG turns to ex-Holden plastics firm for waste-to-fertiliser components

When UAG Bio Nutrients needed specific plastic manufacturing expertise to produce its patented vermiculture modules, it turned to Select Plastics ... The process is the first in the world to efficiently and cleanly integrate anaerobic digestion and vermiculture at industrial scale to convert organic waste into bio-fertiliser and clean energy.

Australian agriculture “moving confidently into 2024” – Rabobank annual outlook

Australia’s agricultural sector is "moving confidently into 2024", with an overall positive outlook for the nation’s farmers and agribusiness industries in the year ahead, Rabobank says in its newly-released annual outlook ... while agri commodity prices are "well down on the highs seen over the previous two years", the bank’s price forecasts point to "continued positive farm margins in key agricultural sectors in 2024"

Australian agricultural trade logistics to face headwinds from escalating Red Sea tensions – Rabobank

Trade logistics are set to become increasingly challenging for Australia’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to agribusiness banking specialist Rabobank. However, there are also potential upsides for the nation’s wheat and barley exports, the bank said.

Farmers have their say – Net Zero Sector Plans

Most Aussie farmers say climate change is the single greatest threat to their business, according to Farmers for Climate Action’s online survey on the Net Zero Sector Plan for Agriculture and Land. Farmers for Climate Action created the survey to make sure farmers … could easily have their say as part of the Federal Government’s Sector Plan consultations.

Australian Agriculture Outlook 2024: Rural Bank

Andrew Smith, Rural Bank Head of Agribusiness Development said: “As was the case for 2023, the three key themes that will impact Australian agriculture in the first half of 2024 continue to be seasonal conditions, trade conditions and economic headwinds, but looking to the upside, a more favourable economic environment is expected to begin supporting agricultural markets in the back half of 2024."

Global fertiliser markets looking calmer in 2024, despite Israel-Hamas conflict uncertainty: Rabobank

After extreme market volatility and record-high prices in recent years, global fertiliser prices are expected to settle in 2024, despite uncertainty posed by the Israel-Hamas conflict as it currently stands, Rabobank says in a new report. In its just-released Semi Annual Fertiliser Outlook, titled What is next?, the agribusiness banking specialist says while the Israel-Hamas conflict creates some uncertainty in the outlook for fertiliser markets, the current impact for the food and agri sectors is manageable.

It’s not just crickets – new plan guides future of Australian insect industry: AgriFutures

With the global insect market expected to be worth more than US$6.8 billion by 2032, AgriFutures Australia has released a new five-year plan to accelerate the growth of the emerging Australian industry.

New resources for growers considering fertiliser options amid shortages: GRDC

In response to the urea shortage currently being experienced in Australia’s northern and southern regions, the Grains Research and Development Corporation (GRDC) has published new resources for growers. To support growers and advisers considering on-farm storage, GRDC has published ‘Investing in fertiliser storage infrastructure’, available online to read and download.

Reaching new heights, one weed at a time

With spring in full swing, the weeds are up and about. Rotor Solutions Australia (RSA), operating out of Albury, has been busy in the Upper Murray spraying winter and spring weeds over the past few months, not only from the helicopter but also using a drone.

Graingrowers report finds change is required to unshackle dependence on overseas fertiliser supply

Targeted co-investments and favourable policy settings promoting the establishment and retention of new domestic fertiliser operations are required to unshackle Australia from its dependence on overseas supply, a GrainGrowers report has found. The Fertilisers of the Future Report examines in depth the so-called big three fertiliser inputs – nitrogen, phosphorus, and potassium...

Australian farm fertiliser outlook: a recovery in demand and application rates: Rabobank

Improved affordability of agricultural fertiliser is set to prompt a recovery in demand and application rates by farmers next season, Rabobank says in a recently-released report. In its Australian Fertiliser Outlook 2024/25, the specialist agribusiness bank says Australian farm fertiliser consumption had declined 20 per cent in 2022...

Incitec Pivot sale draws growing concerns from GrainGrowers

Industry body GrainGrowers has called for additional information about the potential sale of Incitec Pivot’s fertiliser business to foreign interests, citing growing concerns from members over future supply.

Leading Agtech company, Nutrition Technologies, launches Diptia™ biofertiliser from insect frass

Singapore-based Nutrition Technologies has launched their new bioactive organic fertiliser, Diptia™, specifically designed and formulated to combat fungal plant diseases, and protect soil from infection. Diptia™ is a patent pending Nutrition Technologies product derived from Black Soldier Fly frass ... ARR.News asked Rezuwan Zakaria, Nutrition Technologies R&D Manager, some further questions about the product, Diptia™ and the company itself.

‘What goes up, must come down’ – Australian winter crop outlook: Rabobank

The nation is on track to plant an impressive 23.48 million hectare winter crop this year – up slightly on last year’s crop area – Rabobank says in its newly-released 2023/24 Australian Winter Crop Outlook ... overall harvest totals are forecast to be lower than last season, with expectations of drier growing conditions due to the likely transition to an El Nino climate cycle, the specialist agribusiness bank says.

‘Improved affordability ahead’ – Rabobank fertiliser outlook

Farm fertiliser "affordability" is starting to improve across the globe, with a likely recovery in application in some regions in 2023, Rabobank says in a recently-released report ... The report, titled Improved Affordability Ahead, says global fertiliser prices had begun to trend higher in 2021 due to supply chain constraints resulting from the Covid-19 pandemic.

Once in a generation sugar price sets stage for bumper year: Canegrowers

Queensland’s 2023 sugarcane crush is just weeks away and once again growers are heading into harvest with a sense of trepidation and optimism. CANEGROWERS Chairman Owen Menkens says a recent spike in the world sugar price, coupled with a drop in fertiliser prices, is setting up 2023 as a bumper year for Queensland’s sugarcane industry.

Call to increase fertiliser price transparency

Kristin Murdock. Fertiliser is one of the highest input costs on farm, and knowing what happens within this market is important. In good news for Australian farmers, the fertiliser market has started coming off, with prices falling over the past month.

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