Trade

Leader of The Nationals and Shadow Agriculture Minister David Littleproud is calling on Labor to release the findings of an Independent Panel Report into the ban of live sheep exports ... “Minister Watt didn’t have the courage to travel with the panel and look farmers in the eye himself to say he was stopping the trade – so the least he can do is release the report”: Leader of The Nationals and Shadow Agriculture Minister David Littleproud.

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.

The Australian Lot Feeders’ Association is urging the Australian Government to stay firm on securing a substantial increase in market access for beef via the Australia-European Union Free Trade Agreement (A-EU FTA) negotiations ... “We need the Australian Government to correct the imbalance of our meat trade with Europe and secure comparable FTA outcomes achieved by our competitors”: ALFA President, Barb Madden.

Farmers are urging the Australian Government not to sign an impending trade deal with the European Union unless major improvements are put on the table for Aussie farmers. Preliminary negotiations are underway in Brussels this week ahead of a meeting on the sidelines of the G7 Trade Ministers’ meeting in Osaka next week. NFF President Fiona Simson said farmers were fearful of being sold out at the 11th hour.

Ahead of what may be a final push for the Australia-European Union Free Trade Agreement (A-EU FTA) negotiations, the Australian red meat industry is adamant that the Australian Government maintains its stated objective of securing significant increases in market access for red meat. Industry representatives will travel to Osaka next week to coincide with Trade Minister Farrell meeting with his EU counterpart, and encourage the Minister to continue the mission of ‘levelling the playing field’ for Australian beef and sheepmeat access to the EU.

Meat & Livestock Australia (MLA) has published new analysis of the broader market conditions and economic contribution of the red meat industry in the latest State of the Industry Report 2023. The report produced by MLA provides an overview of Australia’s red meat and livestock industry from the prior calendar year.

After three consecutive strong harvests, Australian grain and oilseed production is set to return to more modest totals for the current season as drier growing conditions ‘hit home’, Rabobank says in its just-released 2023/24 Australian Winter Crop Forecast. The bank says Australia is on track to harvest a total winter crop of 48.72 million tonnes for the current season.

The Northern Territory Government has signed a Memorandum of Understanding with the Kerala State Government, India to develop further economic, social and cultural relationships between our two regions. This is the first MOU the Northern Territory Government has entered into with an Indian state, and formalises and reinforces the relationships between the two jurisdictions.

The National Farmers’ Federation (NFF) has told the Federal Government it opposes a new biosecurity levy on farmers, saying the proposed levy may erode farmer confidence in the entire levy system. In the NFF’s submission to the Introduction of the Biosecurity Protection Levy: Consultation Paper, Chief Executive Tony Mahar said while the peak farming body supports ongoing efforts to ensure Australia’s biosecurity system is well resourced, it does not support this policy.

South Australia’s lucrative renewable hydrogen and defence industries will be championed across Europe, following the appointment of a new trade and investment manager in Germany ... Having a presence in Frankfurt – Germany’s financial hub – will help South Australia establish stronger ties across continental Europe and take advantage of changing trade and investment opportunities when the Australia-European Union Free Trade Agreement is finalised.

Known for its soothing fragrance and myriad of applications, lavender has emerged as a versatile and sought-after plant that is thriving across Australia.

Australia’s hay market is exceeding expectations with suppliers being urged to make hay now to meet demand. Feed Central predicts strong demand for hay and straw throughout the 2024 financial year as buyers cope with dry El Nino conditions. The export market has opened with high prices and these are expected to remain strong across the season.

Australia’s sheep, cattle and goat markets are being impacted by very high production numbers, compounded by already large volumes of meat in congested supply chains, according to agricultural analysts at Rabobank. For the sheep sector particularly, there is effectively a "mountain of supply at the moment" following two "extremely good seasons"...

The large volume of production and broken logistics have made Ukrainian grain an attractive target for politicians and businessmen ... ARR.News asks Ukrainian market specialists: how much will the cost of Ukrainian grain decrease if problems with exports persist?

New analysis from CSIRO, Australia’s national science agency, has led to the European Commission’s recognition of the Australian canola industry’s low-emissions credentials for the second time, enabling local canola growers continued access to lucrative international markets.  Australia is a major supplier of canola to the European Union (EU) biodiesel market, with over 1.8 million tonnes exported annually to European countries.

NSW Farmers says the federal government must force importers to pay for the biosecurity threats they create. The calls came after authorities admitted defeat on eradicating Varroa mite after more than a year of fighting the invasive pest.

Am I missing something or does this Federal Labor government have a problem with the Middle East? ... The government’s decision to reject extra Qatar Airways flights into Australia gives us a hint of what they are thinking ... Similar to live exports, the Government can give no coherent reason as to what makes up this social licence ...

At the bottom of all those outgoing planes is spare cargo space or what they call belly cargo which we can fill with rock lobster going to China and chilled lamb and beef going to the Middle East ... If the government is banking on boxed sheep meat replacing live exports, then its decision on Qatar is a step backwards.

The ability of the Australian grains industry to compete internationally is being seriously hampered by supply chain inefficiencies, with recent record harvests highlighting a need for more capacity in the current network, a GrainGrowers commissioned report has found.  The ‘Connecting the Dots: Improving Australian Grain Supply Chain Efficiency’ report was compiled by independent global strategy consultancy LEK.  

The removal of tariffs on Australian barley by Chinese authorities has seen barley prices trend higher since the start of August, according to NAB’s September Rural Commodities Wrap. The NAB Rural Commodities Index* fell 1.6% in August and is now 30.7% lower compared to when Australian rural commodity prices peaked in June 2022.