Australia is poised for a second consecutive bumper wheat harvest as farmers plant grain in near-perfect growing conditions, easing some of the global supply concerns, which lifted world prices to multi-year highs last month. Widespread rains in key growing states ahead of planting in April and May boosted the soil moisture needed for seeds to
Favourable Australian weather spells second bumper wheat harvest
Australia to appeal at WTO over China’s barley tariffs
China in May imposed tariffs totalling 80.5 per cent
Sydney | Reuters — Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said. Acknowledging the appeal may take years to be resolved, Birmingham told reporters Australia would also
China rejects Australia’s appeal to remove barley tariff
Sydney | Reuters — China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources familiar with the matter told Reuters, all but closing the door on a trade worth about A$1.5 billion (C$1.4 billion) in 2018. The rejection comes after Australia sought a formal review over duties totalling 80.5 per
Cotton latest casualty in China-Australia spat
Australian barley, cotton and wine producers are now all under the gun
In the latest round of a China-Australia spat side-swiping agricultural trade, China has ordered cotton mills to stop buying Australian supplies. That word came Oct. 16 from an Australian government source and two China-based cotton traders briefed on the matter. Relations soured after Canberra accused China of meddling in domestic affairs, and worsened when Prime Minister Scott
Australia lowers barley export forecast after China tariff
Reuters – Australia has lowered its forecast for barley exports during the 2020-21 season by around six per cent after China imposed a tariff that effectively ended the billion-dollar trade between them. The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said barley exports during the 2020-21 season will total 6.155 million tonnes,
China ban turns Australian barley growers toward domestic market
Growers may shift to alternative crops next season
Sydney | Reuters — Australian farmers will be forced to sell their barley supplies to the domestic livestock industry or cheaper international markets after China effectively banned imports from Australia, farmers said on Wednesday. China late on Tuesday said it would ban barley imports from Australia’s largest grain exporter, just weeks after it slapped a
Australia to subsidize air freight
Aim it to unfreeze agri-exports shut down by virus
Australia’s government will spend A$110 million (C$95 million) to subsidize air freight for exports of agricultural products after flights were severely disrupted due to the global coronavirus pandemic. About 90 per cent of Australian air freight is usually transported in planes carrying tourists. But with scores of countries closing their borders to stop the spread
China hits Australia with barley tariff
Duty to last for five years; China may turn to Canada, other exporters
Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant
Australia offers drought-ravaged farmers cheap loans
Farm businesses will have access of up to $500,000, interest free for the first two years
Australia will offer farmers hurt by drought up to A$1 billion in cheap loans, Prime Minister Scott Morrison said Nov. 6, as the government seeks to curb rising discontent from rural voters. Farmers across Australia’s east coast have been battling drought conditions for more than three years, wilting agricultural production and leaving some towns on
Australia cuts wheat forecast by 11 per cent
Sydney | Reuters — Australia on Wednesday cut its wheat production forecast for the 2019-20 harvest by more than 11 per cent as an unrelenting drought across the country’s east coast threatens crops for a third year in a row. The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) pegged production of the
Cyber-Savvy Farmer
