GFM Network News


Australian crop production set to skyrocket in 2020-21

After three years of drought, Australia will see its crop production spike in 2020-21, according to the Australian Bureau of Agriculture and Resource Economics and Sciences (ABARES). In ABARES’s June report, it noted that average to above-average rainfall has greatly assisted Australia’s main winter crops of wheat, barley, canola and chickpeas. However, the report said

U.K. aims to join Trans-Pacific Partnership

London | Reuters –– The United Kingdom announced on Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership. “Today we’re announcing our intent to pursue accession to CPTPP, one of the world’s largest free trading areas,” Trade Secretary Liz Truss said. The British government said joining CPTPP would help the U.K.



Pulse weekly outlook: Levy cut an opportunity for Canadian lentils

MarketsFarm — Canadian lentils should benefit from India lowering its import levy on lentils from 30 to 10 per cent, said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The announcement, made June 2, was intended to reduce lentil prices in the country. India’s Ministry of Agriculture and Farmers’ Welfare estimated the lentil crop

With beer taps off, malt barley demand down

No significant drop in barley acres expected

MarketsFarm — Declining beer consumption due to the COVID-19 pandemic will also lead to reduced demand for the malt barley to brew it — but acreage to the crop is unlikely to see much adjustment on the Prairies. “I don’t think there’s any question — without sporting events, and festivals, and concerts – that beer


Farmer Ian Shippen stands under a mobile irrigation boom stretching nearly half a kilometre on his farm in the heart of Australia’s Murray-Darling River basin.

China claims Australian irrigation scheme is an unfair subsidy

China’s 80.5 per cent tariff on imports of Australian barley stem from an anti-dumping, anti-subsidy investigation launched in 2018. Beijing justified the penalty May 19, concluding Australia’s Murray-Darling Basin Plan — a scheme to improve the well-being of an ecologically vital river system — is a subsidy for Australian growers. Under the plan, Australia buys

China-Australia row to reshuffle trade in bulging barley market

Gains for Canada, other exporters won't be 'magical'

Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years,

Feed weekly outlook: Barley prices strong

Jury still out on impact of China-Australia trade spat

MarketsFarm — Feed grain prices across the Prairies have been stronger during the week ended Thursday, buoyed by rainy conditions in southern Alberta coupled with steady demand. “To fill the gaps, prices have had to go up,” said Allen Pirness of Market Place Commodities in Lethbridge. Prices for feed barley went up by about $5


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