Commodity prices stay strong amid rising Australian Dollar
Agricultural commodity prices continue to perform well for Australian producers with cattle prices the most compelling after the benchmark Eastern Young Cattle Indicator (EYCI) surpassed a record 900c/kg in April. The NAB Rural Commodities Wrap, released today, reports trends in global grain markets point to encouraging news for Australian grain growers, while wool prices continue their upward trend.
World first Sheep Sustainability Framework launched
Sheep Producers Australia and WoolProducers Australia have today released the world first Australian Sheep Sustainability Framework (SSF). The SSF was initiated by Australia’s sheep industry leaders to demonstrate our sustainable practices, identify areas for improvement, and better communicate with customers and consumers. The framework lists 21 priorities across the four themes - Caring for our Sheep; Enhancing the Environment and Climate; Looking after our People, our Customers and the Community and Ensuring a Financially Resilient Industry.
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.
