CATEGORY

Trade

Australian agriculture passes vote of no confidence in the Albanese Government: NFF

The National Farmers’ Federation’s Members Council, comprising Australia’s state and commodity agricultural organisations, has today carried three motions: 1. That the NFF no longer has confidence in the Albanese Government to act in the interests of Australian agriculture ... “Farmers, fishers and foresters feel they are being treated with contempt as this Government pursues its single-minded policy agenda": David Jochinke.

Murray Watt is a wounded Minister

Yesterday in Canberra, the WAFarmers and the National Farmers' Federation (NFF) joined a walk out of the federal Agriculture Minister Murray Watt during the budget breakfast, with industry leaders wearing a ‘Keep the Sheep’ tee shirt. The Minister was not impressed ... The farmers might be irrelevant to the ALP, but the voting public are suspicious of governments that are seen to sell out the farmers that grow the grain used to breed the geese that feed the workers that mine the gold that the government uses to buy votes.

2024-25 Budget analysis: Waterfind

On 14 May 2024, the Treasurer delivered the Federal Budget. The key themes of the Budget were addressing cost of living pressures and a ‘future made in Australia.’ ... Waterfind has analysed the May 2024 Budget, and has provided commentary from a ‘water’ perspective on the key initiatives, funding and changes from previous budgets.

Budget breakfast walkout – Agriculture sector protests sheep trade shut down: NFF

In an unprecedented move at today's Agricultural Industry Budget Breakfast, the National Farmers' Federation and multiple peak agricultural bodies walked out during the Minister for Agriculture Murray Watt's address. Together they demonstrated to the Minister he had crossed a line by announcing a radical 4-year timeline to banning live sheep exports on Saturday.

Farmers wiped out by live sheep ban: VFF

The Victorian Farmers Federation (VFF) says the federal Labor government’s decision to ban live sheep sea exports could have dire consequences for Victorian farmers and demonstrates a complete lack of understanding of the entire agricultural industry.  VFF President Emma Germano said the move has sent shockwaves across the industry and has left many local farmers questioning the motive of our decision makers.  

$107 million to support phase out of live sheep exports by sea: Watt

The export of live sheep by sea from Australia will end on 1 May 2028, with legislation enacting the phase out to be introduced in this term of Parliament ... While the live sheep export industry has been in decline for many years, down from $415m in 2002-03 to $77m in 2022-23, the demand for processed sheepmeat both here and overseas has been rapidly expanding. This presents an opportunity for more processing to occur onshore in WA ...

NFF condemns Government’s shock timeline for live sheep phase-out

The National Farmers' Federation (NFF) says farmers have been left shocked after Agriculture Minister Murray Watt announced a radical 4-year timeline to phase out live sheep exports ... "I’d say to farmers – stand tall and don’t lose hope. We’re proud of the vital role we play in feeding and clothing people all around the world. We will not allow this Government's sucking up to activists rob us of that pride": Tony Mahar, NFF CEO.

Coalition will reinstate live sheep exports, as Labor’s shutdown timeframe revealed: Littleproud

Leader of The Nationals David Littleproud said a future Coalition Government will maintain the live sheep trade if it wins the next election, after Labor announced its live sheep export shutdown timeframe, with Agriculture Minister Murray Watt revealing a $107 million plan to ‘transition’ the industry by May 1, 2028 ... Warranine park farmer Ellen Walker from Brookton, WA, went to two meetings with the independent panel in Kondinin and York and said she was devastated by Minister Watt’s announcement today.

Farmers slam live sheep shutdown: NSW Farmers Association

NSW Farmers has condemned the Federal Government’s catastrophic ban on live sheep exports by sea as it released a four-year plan to transition away from the live sheep trade ... According to an announcement made by Federal Agriculture Minister Murray Watt ... Australia’s live sheep exports by sea trade will be phased out by 1 May 2028...

Watts not working for agriculture: John Hassell, President, WAFarmers

What activists want Watt delivers. Watt farmers fear. What's next on Watt's hit list. What to do with Watt. All questions Western Australian farmers are now asking after last week's decision to move ahead with the live export ban. On the hookup when the Minister announced his plan, Murray Watt is quick to call me out when I questioned his motives claiming I was being personal.

Global dairy price recovery set to be slower than expected, but outlook remains positive – Rabobank

The global dairy market may experience a slower price recovery than previously anticipated, particularly as China shows a reduced need for dairy imports, Rabobank says in recently-released sector research. But, despite this, the overall market outlook remains positive, the global specialist agribusiness bank says in its Q2 Global Dairy Quarterly, titled Searching for Equilibrium.

Dubai Chamber and AACCI MoU

Recently, Australia's trade relationship with the Middle East strengthened by the establishment of an MOU between the Australia Arab Chamber of Commerce and Industry and  Dubai Chamber and the launch of the Dubai Chamber office in Sydney, Australia. This is testament to the strong collaboration and opportunity to strengthen future collaboration between Australia and the Middle East, with a hub in Dubai.

Transport subsidies vs live export: Geoff Pearson

Geoff Pearson. Two weeks ago 300 farmers from across the South West convened an urgent drought meeting to address what is one of the driest seasons experienced in living memory across what is traditionally the wettest part of Western Australia. It’s at times like these that the State and Federal governments need to step up and support farmers to rectify where they have made things worse through past policy mistakes.

Back-to-back-to-back: SA only state growing exports: Szakacs

South Australia is the only state in the nation to grow its exports according to latest trade stats as trade with China continues to soar – up nearly 40 per cent year-on-year. The state’s merchandise exports reached $17.7 billion in the year to March 2024, growing by 2.8 per cent, against a nationwide decrease of 10 per cent over the same period.

Australian cattle market “in balance”, but price upside potential ahead – Rabobank Beef Seasonal Outlook 2024

Australia’s cattle market is sitting in a "state of balance" – with improved beef production waiting on an increase in demand – but an upside in prices is expected towards the end of the year, Rabobank says in its Australian Beef Seasonal Outlook 2024. The current absence of any strong demand – along with a higher herd inventory, with no real liquidation or rebuilding urgency...

Australian cattle prices forecast to remain elevated: NAB

Australian beef cattle prices are expected to remain elevated over the next year, supported by improved restocker demand on the back of better seasonal conditions and healthy export demand. NAB’s Beef in Focus Report released today reports that after falling to a nine-year low in October 2023, reaching 349c/kg, the benchmark Eastern Young Cattle Indicator (EYCI) is now above the 2015-19 average.

WA farmers looking to the sky and Canberra

... the water reserves in WA farmers' dams are now running dangerously low and farmers are being forced to quit stock at rates that are competitive with the price of a bullet ... What's the trade got to do with the weather? For our farmers, the link is so obvious they remain dumbfounded that the Government has not joined the dots.

What’s Watt got to say now?

Minister Watt, it's time to face up to the reality and accept the consequences of the government’s policy to ban live exports ... Your policies have contributed to driving away buyers and the boats that are essential for alleviating the pressure on the sheep market ... The fact that the live export report you commissioned remains concealed speaks volumes about the economic motivations behind the political decision. The report reportedly confirms what every farmer knows, that the local processing industry cannot replicate the competitive dynamics provided by exporters in the market.

Scrap the biosecurity bill: NSW Farmers Association

NSW Farmers has fronted a Senate Inquiry to call for the proposed biosecurity tax on farmers to be scrapped, with farmers already paying their fair share of biosecurity dues. NSW Farmers President Xavier Martin said despite a last-minute redesign, farm leaders remained opposed to the biosecurity levy bill and would continue to urge parliamentarians to vote against the levy’s introduction over the coming weeks.

Influx of cattle onto market taking a toll on prices

Doug Robson. The influx of cattle coming onto the market is taking a toll on prices for all classes of cattle.  There were 1934 head yarded at the NRLX on Wednesday, April 17 with the main increase being in the young cattle section.

BHP Operational Review for the nine months ended 31 March 2024

We have released our  BHP Operational Review for the nine months ended 31 March 2024. “We remain on track to meet copper, iron ore and energy coal production for the year...": BHP Chief Executive Officer, Mike Henry.

World Vegetable Map 2024 – Turbulent times for the global vegetable sector: Rabobank

Global vegetable trade value rose amid cost increases; production down in some major markets. The value of the global vegetable trade rose in line with rising prices, reaching 3 per cent average annual growth from 2017 to 2022, according to Rabobank’s recently-published World Vegetable Map.

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