News

First signs of triple La Nina emerge, negative Indian Ocean Dipole to bring extra rain

Agribusiness July 14, 2022



A double whammy weather system could bring another “12 months of wet” for Australia, as the likelihood of a third summer of La Nina weather increases. The Bureau of Meteorology declared that the La Nina weather system had ended in late June, but signs have emerged it could make yet another resurgence.

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The impacts of China’s COVID lockdowns on Australian agriculture

Agribusiness May 3, 2022



Current strict lockdowns in many major cities in China – as the country tries to eradicate the spread of COVID – are not only affecting its local citizens, but also having flow-on impacts on trading partners, including Australia, according to agribusiness banking specialist Rabobank.

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La Niña yields record crops

Agribusiness March 17, 2022



Both winter and summer crops across Australia have seen extraordinary outcomes in 2021–22.

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Major partnership to deliver spray hazard warning system

Agribusiness March 15, 2022



The grains and cotton industries have today announced a $5.5 million investment to help minimise spray drift through a five-year partnership with Australian agtech company, Goanna Ag. The investment will see the Grains Research and Development Corporation (GRDC) and Cotton Research and Development Corporation (CRDC), in partnership with Goanna Ag develop a spray drift hazardous weather warning system that will provide real-time weather data and alerts to growers and spray operators about the presence of temperature inversions.

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Agricultural commodities ride record highs

Agribusiness March 2, 2022



Agricultural commodities are forecast to reach record highs in 2021-22, but a return to normality is on the way. Executive Director of ABARES Dr Jared Greenville said that agricultural commodities had performed even better than initial forecasts.

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Ag production value and volume soar to historic heights

Agribusiness Dec. 7, 2021



Australia’s farmers are on track to smash production value and volume records in 2021-22 on the back of exceptional seasonal conditions and a surge in world commodity prices.

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New biosecurity hub for grains industry

Agribusiness Oct. 15, 2021



Plant Health Australia (PHA) in partnership with Grain Producers Australia (GPA) have launched an online hub of industry-specific biosecurity resources and tools.

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Farmgate value hits new record of $66 billion

Agribusiness June 16, 2021



Australian farmgate production is on track for a record-breaking $66.3 billion year.

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Future fields of gold’ – Australia’s winter crop planting rises again

Agribusiness Winter cropping June 2, 2021



Australia is looking at a second consecutive near-record winter crop planting, as excellent prices and good seasonal conditions see planted hectares rise. In its just-released 2021/22 Winter Crop Outlook, global agribusiness banking specialist Rabobank says the national winter crop planting – currently underway across the country – is forecast at 22.93 million hectares.

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Data provision by Middle Kingdom in turmoil

Agribusiness Rural Business May 19, 2021



Mystery surrounds the sudden suspension of operations at one of China's primary agricultural data providers. This has left domestic and global merchants, analysts and brokers in the dark about all things agriculture in the Middle Kingdom. Cofeed is a Beijing-based private agricultural consultancy.

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Plant Science Industry welcomes continuation of Improved Access to Agricultural and Veterinary Chemicals

Agribusiness May 13, 2021



CropLife Australia welcomes the Morrison Government’s commitment to farming by extending the Improved Access to Agricultural and Veterinary Chemicals program with a further $9 million over four years.

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GPA welcomes stronger biosecurity measures

Agribusiness Rural Business May 4, 2021



Australia’s peak national grain grower advocacy group has welcomed the Australian Government’s announcement today of stronger measures to protect their industry from devastation, with a $371 million biosecurity package in the upcoming Budget. Grain Producers Australia Deputy Chair and Western Australian grain farmer, Barry Large, said the investment program was another positive step towards modernising national biosecurity with stronger preventative measures.

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Snapshot confirms agriculture’s ability to adapt and grow

Agribusiness Feb. 25, 2021



A new ABARES report today confirms agriculture has been one of the Australian economy’s standout performers in recent decades.

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Forecast of near record 51.5m tonne national winter crop

Agribusiness Dec. 1, 2020



New South Wales is on the verge of a record-breaking winter crop, with forecast production of more than 17.6 million tonnes driving near all-time high production prospects for Australia overall. The ABARES Australian Crop Report - December 2020 forecasts a 76 per cent rise in Australia’s 2020-21 winter crop production to 51.5 million tonnes, second only to the record 56.7 million tonnes in 2016–17.

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BOM's outlook suggests a wet summer. But never rule out fire

Agribusiness Nov. 25, 2020



Summer is set to be wet, according to the official outlook from the Bureau of Meteorology (BOM). Despite it being relatively dry over the past few weeks the La Niña declared back in September is still strong, according to BOM senior climatologist Andrew Watkins. At the moment, short-term climate drivers are conspiring to keep things dry, giving farmers a handy window to try and get the crop out.

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