prices

The [Naracoorte Community] News is introducing a new series called Hard Talk, focusing on in-depth interviews with hard-hitting questions on issues relating to communities like ours ... In our first issue, we questioned Premier Peter Malinauskas and newly appointed Opposition Leader Vincent Tarzia.

Australian agriculture is set to benefit this financial year, as the gross value of agricultural production is forecast to increase by 4 per cent. ​The ABARES Agricultural Commodities and Crop Reports show a significant growth in the sector, from $82.5 billion in 2023-24 to $86.2 billion in 2024-25.

Australia’s milk production continues to recover, as global supply is forecast to grow at a modest rate in the coming year, Rabobank says in its newly-released Global Dairy Quarterly. In the Q3 report, titled Market Narratives are Shifting, the global agribusiness bank says positive – though modest – milk supply growth is expected from the world’s major dairy-exporting regions through the remainder of 2024 and in 2025.

Growing production in Australia’s ‘tree nut’ industry – as significant almond and macadamia orchards reach maturity over the next few years – will provide opportunities to meet growing international demand according to new industry research. In its just-released report, Australian Tree Nut Outlook – opportunities and risks in almonds and macadamias … Rabobank says Australia’s tree nut industry is currently in a "period of growth".

An expected increase in global cotton supply in the 2024/25 season is weighing on prices for Australian producers, as export markets look to absorb large volumes from the US and Brazil, Rabobank says in a recently-released report. The agribusiness banking specialist says expectations are that world cotton stocks will rise in the coming season – largely driven by a recovery in production in the US and a potential record crop in Brazil.

As countries including Australia embrace renewable energy production, a recent study sheds light on some overlooked impacts of this transition. While the benefits of renewable energy are well-established, researchers are also examining the less discussed economic and social impacts of the move towards ‘green’ energy.

Increases in the price of wheat and lamb helped lift the NAB Rural Commodities Index* for the third consecutive month, rising by 0.4 per cent in June. NAB’s July Rural Commodities Wrap … reports while the wheat price rally slowed in June, prices continued to rise, increasing 3.5 per cent on average over the month.

How come the value of cattle stations is skyrocketing? The bar of the Centralian Beef Breeders Association was a good place for a pub test ... The  [Alice Springs] News  spoke to several of the bar’s patrons on the condition of not naming them, about what is clearly a historic switch from a 150 years old family-based industry to investment opportunities for big companies, some from overseas, and superannuation firms.

ABARES has expanded the Farmland Price Indicator to include a new series of experimental estimates by farmland type. Users can now access and download specific information for beef, dairy, cropping, forestry, orchard and even hobby farmland type via the ABARES Farmland Price Indicator dashboard.

Australia’s avocado industry is grappling with another year of increased production and low prices, according to a new report by agribusiness banking specialist Rabobank. However, the world’s growing appetite for the popular nutrient-packed green fruit is offering growers some relief, with increasing export demand for Australia’s produce, the report says.