GFM Network News

More News →

Author Archives

Crops

Australia to appeal at WTO over China’s barley tariffs

China in May imposed tariffs totalling 80.5 per cent

By ,
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
News

Cotton latest casualty in China-Australia spat

Australian barley, cotton and wine producers are now all under the gun

By ,
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
Markets

Australia lowers barley export forecast after China tariff

By
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,
Crops, Markets

China ban turns Australian barley growers toward domestic market

Growers may shift to alternative crops next season

By ,
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
Markets, News

Australia to subsidize air freight

Aim it to unfreeze agri-exports shut down by virus

By
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
Crops, Markets

China hits Australia with barley tariff

Duty to last for five years; China may turn to Canada, other exporters

By , ,
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
A field is sprinkled with the remnants of cotton after a harvest in Trangie, Australia, September 4, 2019. Drought is weighing on economic growth, and the dire conditions have prompted Australia, a major wheat exporter, to import the grain for the first time in 12 years.
News, Weather

Australia offers drought-ravaged farmers cheap loans

Farm businesses will have access of up to $500,000, interest free for the first two years

By
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

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending February 26, 2021.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.