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Sugar

Softening cattle prices reflect ag commodity volatility: NAB

Australian agricultural commodity prices have continued to fall in the new year with the NAB Rural Commodities Index* now 14.4% below year-ago levels. Lower beef cattle prices and to a lesser extent, grain prices, are the key drivers of the weakening in the Index, according to the NAB February Rural Commodities Wrap.

Cane grower’s plea for assistance

The NSW sugar industry is putting out a call for truck drivers, in a race to finalise the harvest and crushing of this years’ northern rivers sugarcane crop. Thousands of tonnes of sugarcane remain unharvested due to a shortage of truck drivers.

Devils Thumb cane spirit wins best in category trophy at inaugural awards

A spirited collaboration between Devils Thumb Distillery and Far Northern Milling has culminated in Best Cane Spirit (sugarcane juice) at the inaugural 2022 Australian Rum Awards held in Brisbane this month ... Dependent on proximity to the raw ingredient of sugar cane juice gives Australian Cane Spirit a distinctive quality and means Far North Queensland’s Devils Thumb is uniquely placed to produce cane spirit which in other countries is known as Agricole (Martinique) or Cachaça (South America).

Changing of the guard for NSW Sugar Milling Co-operative

The NSW Sugar Milling Co-operative, which is a 50% stakeholder in the Sunshine Sugar business, held its 44th Annual General Meeting for members last Friday. Good news for cane growers is that the Sunshine Sugar business continues to operate profitably, with the Refinery delivering valuable returns.

Australia ready to lead world in sustainable sugar exports

Australia is set to pioneer a new era of sustainable sugar exports when the first-ever shipment of fully traceable, sustainably produced raw sugar is loaded for export at the Port of Townsville this week. In a world first, the sugar, produced from cane grown by Smartcane BMP accredited growers, will be traceable through the supply chain to the end user in South Korea.

Sugar mill steams ahead with long-awaited $12m grant

After six months of silence, steam from the sugar mill chimneys punches into a clear sky before quietly dissolving into the blue. It is a welcome and familiar sight for residents of the small riverside village. Finally, cane is being crushed again and its back to work at Sunshine Sugar in Broadwater.

NSW funds for farmers come a cropper

Cane farmer Tony Carusi said time was critical for planting sugarcane. “It takes time to get the ground ready and we have ideal weather conditions,” Mr Carusi said at his farm near Woodburn ... A Primary Producer Grant was announced by the State Government five months ago to help farmers after the floods. The criteria for the grant are still unknown and the grant has stalled. No money has been given to farmers yet.

Growers ready to lead industry down new road

Peak industry organisation CANEGROWERS is ready and willing to lead the way to a more profitable and diversified future for sugarcane outlined in a new roadmap. “This document has been two and a half years in the making. It is exciting as a cane grower to be at the starting point of a new chapter in our sugarcane industry’s story,” CANEGROWERS Chairman Owen Menkens said. “We are ready to lead the transition, working with existing and new investors.”

Australian sugarcane industry to form working groups to drive bioeconomy boom

Organisations representing the Australian sugarcane industry will form a series of working groups to implement their first whole-of-industry vision and roadmap. The Sugar Plus vision released at the Developing Northern Australia Conference, positions the industry as Fuelling the Future of Food, Energy and Fabrication.

Plan unveiled for sugarcane industry to drive bioeconomy boom

“The sugarcane industry has identified an exciting and transformational future of sustainably producing sugar and bioproducts at the heart of regional communities. The roadmap outlines opportunities for a substantially larger industry. A growing bioeconomy industry will enable Australia to become increasingly self-sufficient, improving economic resilience and national security”: Anne Stünzner, CRCNA CEO.

Soil health testing unearths potential for Queensland cane growers

“Comparing soil health in sugarcane growing districts to soil health in pasture, horticulture and cropping regions shows just how unique those sugarcane soil systems are. Many cane growers may not have measured their soil health before but with commodity prices remaining strong in this regulated market, we’re seeing cane growers becoming increasingly interested in soil health" : Rob Dwyer, Incitec Pivot Fertilisers agronomist.

Illegal dumping on cane farms must stop

Peak sugarcane organisation CANEGROWERS is seeking urgent discussions with local government amid an escalation of people using Queensland farms as dumping grounds ... ARR.News asked some further questions of CANEGROWERS on this costly problem.

Welcome debate on problematic farm regulations

CANEGROWERS has welcomed the opportunity for the significant issues and concerns that surround the reef regulations imposed on farmers to be aired in the Queensland Parliament.

Sugar industry welcomes win in WTO case against Indian subsidies

Australia has secured an emphatic World Trade Organization (WTO) win against India’s price-distorting sugar production supports and export subsidies a WTO Panel found that India had export subsidies in place which were prohibited under trading rules and it recommended their removal. The Panel also found that India’s levels of sugarcane price supports had consistently exceeded permitted levels.

Crushing season ends and Low GI Sugar starts in major retailers

The NSW Sugar crushing season for 2021 officially finished last week with Harwood Mill taking the final delivery of cane on Monday 29th  November. The crop for the Harwood area totalled around 575,000 tonnes which was down on the original forecast.

ABARES survey confirms growers at the heart of industry growth

Hard work and a willingness to adopt new technology and practices are behind the positive results in an ABARES survey of sugarcane farms according to peak grower group CANEGROWERS.

Sweet survey results for sugarcane farmers

The ABARES Financial performance of sugarcane farms 2020–21 to 2021–22 survey finds Australian sugarcane farm cash income was 91 per cent higher compared to 2013-14, reaching an average around $190,800 in 2020-21. ABARES Executive Director Dr Jared Greenville said the the improved financial performance of sugarcane farms since the previous survey in 2013-14 is due to adjustment in the industry, increased sugarcane production per farm and higher average yields.

Cane crushing reaches half-way point

The NSW Sugar Industry has just passed the half-way point for the 2021 cane crush, having enjoyed favourable weather conditions, reliable transport and factory operations and a positive sugar price outlook. To date, the three North Coast mills have processed some 850,000 tonnes of locally grown cane.

Rabobank’s agri commodity markets research – July 2021: frozen beans, baked beans

Softs stole the show in July, as frost hit the heart of the Brazilian arabica coffee belt and also impacted sugar. The worst frost in 27 years led to ICE Arabica jumping by 27% and Robusta by 12% so far in July (coffee trees are very susceptible to frost damage), while sugar jumped 4.7%.

Elders upbeat on earnings with a positive crop outlook

Agribusiness Elders, reporting a strong lift in sales and profit for the half year to March, is upbeat on the rest of the year with improved winter cropping conditions and good cattle prices. Sales at Elders were up 22% to $1.1 billion and statutory profit was 31% higher at $68.2 million.

Food Forum squeezes life out of Australia’s growers

Today’s decision by the ANZ Ministerial Forum on Food Regulation to slash the rating for pure, fresh Australian fruit and vegetable juices has failed Australian growers. National Farmers’ Federation (NFF) Chief Executive Tony Mahar described the decision to apply lower Health Star Ratings to fresh juices than those given to chemical-laden diet soft-drinks as baffling.

Australian agriculture looking to profitable year ahead – industry outlook

Australia’s agricultural sector is set to enjoy an overall profitable year ahead – underpinned by high commodity prices, positive seasonal conditions and low interest rates, and despite expected continuing trade tensions with China – according to a newly-released industry outlook.

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