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prices
Taking the lid off global agri-supply chain bottlenecks
Georgie Aley, Agribusiness Australia. As 2021 rolls into Spring, it looks like another bumper crop for grains, pulses and horticulture. More broadly, we continue to see new challenges for the agribusiness sector, which serve to highlight the fact that in COVID times, you never know what is next.
Simplot Australia and Tasmanian potato growers reach new pricing agreement
Simplot and its potato growers continue to work in strong partnership, and the new pricing agreement reflects an understanding of the issues currently being faced by the industry.
Rain boosts confidence
The Farmhand. Winter is here and rainfalls for the past month are at levels at the high end of averages. Even have heard the odd farmer say we had enough for the moment. Feed supplies in the areas north of town are still tight but we can see the spring having a great feed result based on the amounts of moisture already received.
Mystery surrounds profit flow for fresh fruit and veg
Australian shoppers may have noticed a steep price hike on some of their favourite fresh fruit and vegetables over recent months, but profits from higher retail prices are not reaching farmers.
Beef prices good for sellers but not for buyers
The cost of a decent steak has risen. Not nearly as much as it could have – given the price of beef on the hoof today. Producers may be getting the best price for their beef but if they’re restocking the herd, they’re paying top dollar for any bought animals. This is a beef boom that doesn’t benefit the beef food chain and the meat processors and consumers are the ones bearing the brunt of the high cattle prices.
President Biden acknowledges competition failure, why can’t we?
NSW Farmers is urging the Australian Government to take note of their counterparts across the Pacific Ocean after President of the United States Joe Biden issued orders to protect US chicken growers from powerful poultry processors.
Aussie chicken growers envy Biden’s poultry reform
The National Farmers’ Federation welcomes the courageous moves by the United States Presidential Executive Order on Promoting Competition in the American Economy that will prohibit unfair practices perpetrated on chicken growers by American chicken meat processors, practices that are also rife in Australia’s poultry sector.
Whiteface bull sets a record
A hereford bull smashed a Northern Rivers Livestock Exchange sales record last week. The bull fetched $16,000 at the annual Ramsey & Bulmer Bull and Female auction. The price was $7000 more than last year’s top-priced seller.
Dairy riding the wave of high commodity prices
At the half-way point of 2021, Australian agriculture appears set for another strong year with the NAB Rural Commodities Index up 2.5% month-on-month in May to now be 6.2% above the same time in 2020. NAB’s June Rural Commodities Wrap, released today, reports that dairy farmers are among the producers enjoying the flow-on effects of good prices and strong seasonal conditions across many parts of the country.
High global prices boost local producers
Australia is expected to see above average levels of winter crop production in 2021-2022, with climate conditions and high global prices set to make this season bountiful for many of the country’s producers. According to the latest ABARES, Australian crop report for Junes, winter crops are forecast to reach well above national averages, though there will be different levels of production across different regions.
