AUSTRALIAN cotton producers seem confident of another good year ahead in international markets, with Rabobank research supporting that optimism.
With the Australian cotton harvest completed, growers were greeted with the prediction by Rabobank that domestic prices would remain strong – above $520 a bale – through 2017/18.
FINDING new routes to market that cut out the ‘middle man’ are emerging as the latest trend in the rise and rise of Australian wine sales in China.
China last year overtook the United States to become the biggest buyer of Australian wine, following a 40 percent growth in sales for 2016. Exports of wine to mainland China rose from A$370 million in 2015 to $520 million in 2016.
THE Federal Government has steered its Fair Farms initiative through stakeholders in the horticulture industry in a bid to restore consumer and public confidence in the sector as an ethical employer.
Fair Farms aims to offer growers in the horticulture sector “the tools they need to ensure workers are treated fairly” according to Assistant Minister for Agriculture and Water Resources, Anne Ruston. The industry has been hit by media exposure of unfair work practices, especially in relation to international students working in the sector on temporary working holiday visas.
EXCLUSIVE Honey Gold mango producer, Piñata Farms, will continue to expand plantings in the Northern Territory – now a major growing region – following a successful 2016-2017 mango season.
Piñata Farms managing director Gavin Scurr said the volume produced over summer was consistent with previous years, despite being three weeks shorter.
AGRIBUSINESS mergers and acquisitions specialists InterFinancial have logged a recent uptick in price-earnings (PE) ratios in the sector.
Through to the end of November, the food and agribusiness sector tracked by InterFinancial and informed by research through S&P Capital IQ, showed multiples had increased over the quarter and reached the 19.5 times PE in November. That is a significant lead over the ASX200 average PE of 17.6x.
WESTERN Australia’s South East Premium Wheat Growers Association (SEPWA) – as part of the ‘Do it yourself (DIY) Precision Agriculture’ project funded by the Grains Research and Development Corporation (GRDC) – has published working examples of precision agriculture in practice to assist farmers.
SEPWA’s new publication, Calculating return on investment for on farm trials, contains case studies and examples of how Western Australian growers have used precision agriculture (PA) tools to implement and measure on-farm trials.
THE Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) is forecasting a decrease in the future log availability from Australia’s commercial plantations.
In its report, Australia’s plantation log supply 2015–2059, released recently by the acting executive director of ABARES, Peter Gooday, the volume of plantation logs harvested from Australia’s plantation estate has been shown to consistently grown over the past decade. It now accounts for 85 percent of all logs harvested in Australia.
How to resolve AdBlock issue?