Trade

A new hay export plant is being constructed at Warracknabeal by farmers and businessmen Scott Somers and Paul Johns, who, after six years of planning, are finally seeing the results of their efforts with the footings for the air-conditioned production shed now under way.

Notice how there is a deathly silence by the big foreign pension and sovereign investment funds on the merits of the Government's planned end to the live export trade. These are the foreign entities that have been quietly buying up millions of acres of Australian  farmland.

Australian dairy products from Southern Queensland and northern New South Wales are on their way to Japan, marking the first international shipment from Norco’s Lismore dairy operations since before the Northern Rivers floods in 2022.

David Jochinke. Recent news that the Government has requested a nine month delay in proceedings will be a bitter blow to victims of the illegal 2011 live cattle export ban ... There is no reason for this delay besides petty politics ... The Government is meant to be a model litigant.

The Department of Agriculture, Fisheries and Forestry (the department) has successfully negotiated new technical market access into Pakistan for bovine semen and embryos. Head of Trade at the Department of Agriculture, Fisheries and Forestry, Matthew Koval said this was a huge accomplishment for Australia’s germplasm industry.

Rising prices for a range of rural commodities including cattle, cotton and dairy have seen the NAB Rural Commodities Index* increase for the fourth month in a row. NAB’s March Rural Commodities Wrap ... reports the Index increased 2.2 per cent month-on-month in February and is back up around levels last seen in April 2023.

Hugo Bombora. Dear Senator  Varun Ghosh, Congratulations on your recent appointment to the Australian Senate. Nice to bump into you at a wedding last Saturday night. Thanks for the insightful questions. As acknowledged, it’s hard to put together one’s thoughts with Taylor Swift playing in the background. But as promised, here they are via email.

Meet newly appointed senator, the former barrister Varun Ghosh who recently took his place in the Senate after he was officially confirmed as Labor’s choice to replace the retiring Patrick Dodson. ... The bit in Ghosh's CV that talks about constitutional law is what every sheep farmer in WA should be interested in, as it hints that our new senator might actually understand the concept of States' rights and that any move to ban a trade that is almost exclusively out of one State may well impinge upon section 52 of the Constitution.

Premier Roger Cook has deserted farmers and shown his true intentions after admitting in Parliament last week to talks with Federal Agriculture Minister Murray Watt to end the live sheep export industry. Deputy Nationals WA Leader and Member for Roe Peter Rundle MLA asked the Premier … to explain why the Minister for Agriculture had been in secret talks with Canberra around a transition package for farmers.

The National Farmers’ Federation is sending a message to politicians to do the right thing by Australian farmers as debate on the controversial Biosecurity Protection Levy kicks off in the House of Representatives ... NFF President David Jochinke said despite the mounting evidence the levy was poor policy and should be scrapped...

More than halfway into the current dairy season, Australian milk production is firing on all cylinders, Rabobank says, with widespread growth in milk supply across all dairying regions due to favourable seasonal conditions and good farmgate margins. In its recently-released Q1 Global Dairy Quarterly report … Australian milk production reached 5.35 billion litres from the period July 2023 to January 2024…

The gross value of Australian fisheries and aquaculture production is forecast to grow by 0.5 per cent in 2023−24 to $3.56 billion according to new data from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). ABARES Executive Director Dr Jared Greenville said that growth in 2023−24 is predominantly driven by higher prices of wild-caught rock lobster...

Australia’s farm, fisheries and forestry sectors are set to rebound in 2024-25. The most recent Agricultural Commodities and Australian Crop reports are predicting that the gross value of production in 2024–25 will again increase after poor seasonal conditions affected outcomes in 2023-24.

With limited or negative real wages growth expected in 2024, coupled with the higher cost environment, Rabobank expects global beef consumption will at best remain steady and possibly decline through 2024, with some notable regional variations ... sales are often expected to suffer when economic conditions put pressures on consumer spending.

Due to import restrictions, Ukrainian farmers lost about 10 per cent of their income. Although imports have increased, the domestic market of Ukraine is still characterised by an oversupply. The selling price of wheat on EXW terms is less than the cost price. This means that imports using gray schemes and dumping prices will continue.

Farmers across Australia have been left bamboozled this morning by the Government’s attempt to legislate a new tax on farmers, despite a tidal wave of expert criticism. The Albanese Government this morning tabled new laws to establish the ‘Biosecurity Protection Levy’ - intended to raise $50 million from farmers to bankroll activities that assist importers, airlines and other risk creators.

Following three years of herd growth leading to the largest cattle herd in 10 years in 2023, the Australian cattle herd is expected to ease by less than 1 per cent to 28.6 million head by 30 June 2024, according to Meat & Livestock Australia’s (MLA) latest Cattle Industry Projections.

The Australian almond industry is on track to enjoy a "much better year in 2024", Rabobank says in a newly-released report, with producers expecting to see margin improvement thanks to lower input prices, affordable water prices and high water availability, better climatic conditions and improving export prices.

Australia’s dairy import and export mix is "slowly trading places" – with export volumes falling sharply in recent years while imports have spiked, Rabobank says in a newly- released report.