Sydney | Reuters — Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19 pandemic. Vineyards nationwide have enough wine in domestic storage to fill 859 Olympic swimming pools, Rabobank said this week in its third-quarter wine report.
Australian wine industry faces hangover from China’s tariffs
Over two billion litres of wine in storage
APEC ministers call for curbs on farm, fuel, fishing subsidies
Washington/Wellington | Reuters — Pacific Rim trade and foreign ministers on Tuesday pledged to sustain the recovery from the coronavirus pandemic while pursuing talks to curb subsidies for fisheries and agriculture at a forthcoming World Trade Organization meeting. The ministers from the 21 Asia Pacific Economic Cooperation (APEC) countries said in a communique issued after
New Zealand to end livestock exports by sea
The decision is due to animal welfare concerns
Reuters – New Zealand said April 14 it will stop the export of livestock by sea following a transition period of up to two years, citing animal welfare concerns for a decision that will affect major trading partners including Australia and China. The ban was welcomed by animal welfare groups, but the peak farming industry
Cyber-Savvy Farmer
