Trade

Victorian irrigation innovator Rubicon Water is maximising water use on farms from the Murray Darling to India and beyond, driving jobs growth at its key Shepparton base ... In Karnataka, the Rubicon Water system manages the water supply to more than 400,000 hectares of farmland through 1,250 kilometres of canals.

Many Australian farmers are still battling to get grain crops planted due to wet conditions, while the global wheat outlook price remains elevated and buyers will be hoping prices will ease as the northern hemisphere supply comes to market.

Australia will need to both consume and export more avocados as the nation’s growers navigate a period of soaring production growth over the coming five years, specialist agribusiness bank Rabobank says in a new report. This year alone, ‘per capita (person) supply’ of avocados is estimated to be up 26 per cent on the previous 12 months to 4.8 kilogram – equating to 22 avocados per Australian.

The Australian livestock industry will work with Indonesian feedlots to help protect their facilities from disease incursions and subsequent trade disruption via a biosecurity support project jointly funded by the Australian Government and Meat & Livestock Australia (MLA) ... MLA responded to a question from ARR.News about border closures.

Trade policy and reducing agricultural support have a strong role to play in guaranteeing international food security, according to the latest Insights report from ABARES ... “Trade plays an important role in helping improve the distribution of food and its affordability. Open trade helps move food to where it’s needed and can promote higher incomes, creating better access to food" : Executive Director of ABARES Dr Jared Greenville.

Australia’s agricultural sector can expect to contend with elevated ocean container shipping costs and ongoing supply disruptions for at least another year before a ‘normalisation’ of the global ocean freight system, according to new research from Rabobank.

NSW Farmers President James Jackson has slammed government officials for being wishy-washy on biosecurity controls such as foot baths ... “The Department of Agriculture, Fisheries and Forestry says they can’t have antiseptic foot baths at airports because a child might fall in them,” Mr Jackson said.

The risk of an FMD outbreak in Australia has been given a probability of 9% (1%/19%). The advent of FMD in Indonesia increases the likelihood of an incursion into Australia. We should not have waited until FMD or any disease was close to bring attention to the risk of exotic diseases ... In the event of an outbreak of FMD, we would immediately lose a large number of our premium livestock markets. The longer an outbreak takes to be controlled, the longer we are shut out of premium markets.

Moves by governments to restrict exports only exacerbate price rises and increase food insecurity, according to the latest Insights report from ABARES. Executive Director of ABARES Dr Jared Greenville said there were lessons to be learnt from the 2007-08 food crisis.

Results of the quarter two Rabobank Rural Confidence Survey, reveal optimism about high agricultural commodity prices and the prospect of a third consecutive bumper grains harvest has been reined in by the increasing cost of vital farm inputs such as fertiliser, fuel, freight and machinery and broader inflationary pressures in the Australian economy.

The latest Government figures show agricultural exports reaching a record $64.9 billion in 2022-23, but National Farmers’ Federation President Fiona Simson says these positive numbers conceal the "cost of farming" crunch impacting farmers and consumers.

The international coalition of farm organisations, Cairns Group Farm Leaders, has highlighted the need for urgent agricultural trade reform to meet global challenges of food security, climate change and hunger ahead of the World Trade Organisation (WTO) ministerial conference and a Cairns Group WTO meeting.

Indonesia has 280 million people of which 38 million are farmers. Between them have 16 million cattle and 9 million pigs spread across 6000 inhabited islands, extending 5,500km East to West and 1,800km North to South. As the borders open and the world starts travelling again, we can look forward to the return of the 50 flights a week between Bali and Perth.   Each of these flights will carry the risk of the transmission of Lumpy Skin and Foot and Mouth Disease into Australia.

Australia is laying the groundwork for a third consecutive bumper harvest, with this year’s total planted crop area forecast to reach a record 23.83 million hectares, Rabobank says in its just-released 2022/23 Winter Crop Outlook ... Locally, the bank says, “hopes are on” another large winter crop to allow Australian farmers to secure good margins in the face of high costs for inputs including fertiliser, fuel, freight and agrochemicals.

Ongoing inflationary pressures, a weaker global economic outlook and the prospect of a wet winter across many production regions of Australia is causing volatility for the agriculture sector... NAB Senior Agribusiness Economist, Phin Ziebell, said Australian agriculture was facing a number of opportunities and risks as a result of current global conditions.

The outlook shows 2022/23 may be the first year since 2012/13 in which the world has to consume less grain than the previous year – due to high prices and low supply, says Rabobank senior commodities analyst Cheryl Kalisch Gordon.   “This is forecast to be a drop of only 0.1%, but that compares to average annual growth of 2.1% over the past decade,” she said.

RaboResearch general manager for Australia and New Zealand Stefan Vogel said, in particular, there are four specific impacts of the lockdowns in China that are set to have increasing ramifications for Australian agribusiness – disruptions to freight logistics, Chinese corn plantings, dairy demand and hog pricing.

A Charles Sturt University agribusiness expert suggests Australia can anticipate an increase in wheat exports to countries affected by the Ukraine-Russia conflict and should target those importing nations’ requirements.

Exports of Queensland-bred Calypso ® mangoes to China have increased this season despite the many recent challenges faced by growers, including unpredictable weather events and freight disruptions.

The global wine sector is facing significant disruptions in different links of the supply chain. The common assumption was that these issues were transitory. Now there are increasing signs that some of these changes are structural and could even get worse, requiring more strategic responses.

Castlemaine local, Stefan Dannhausen, is set to become the Goldfields region’s answer to the Easter Bunny, having launched his new owner-managed business, Dimpex Import and Wholesale. Interested in starting out on his own but initially unsure what type of business he wanted to run, Stefan drew on fond memories of enjoying SCHO-KA-KOLA with his family as a child to come up with a business idea that allowed him to explore his German heritage.

A consortium, led by the Global Maritime Forum and consisting of BHP, Rio Tinto, Oldendorff Carriers and Star Bulk Carriers Corp., have today signed a letter of intent (LOI) to assess the development of an iron ore Green Corridor between Australia and East Asia.