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Drought

The ABARES annual conference was abuzz with talk of better trade relations and water markets trading, but don’t mention EU-style farm subsidies to Australian policy makers.
Water entitlement prices fell from all-time highs in February 2023 to near-A$0 in June, before recovering some ground, writes Aither's Ben Williams.
Corn field, aerial view, farmland
Levelling out farmland prices, higher interest rates and widespread drought present prospective buyers with plenty to consider.
water droplet above surface
The Australian government’s proposed intervention in Murray-Darling Basin water markets should be good news for investors in terms of values – but it may come with additional scrutiny should weather conditions get drier.
The emergence of frontrunner Javier Milei is a microcosm of the country’s longstanding desire to break free of its shackles as well as the all too familiar upheavals that have been its undoing.
Tomato Greenhouse, controlled environment ag, CEA
A confluence of events could lead to increased food scarcity in 2023, with knock-on effects for prices and an increase in the attractiveness of controlled environment production in hot countries.
After several years of drought and record-high water prices, the outlook for irrigators in the Murray-Darling basin over the next 12 months is positive, say Aither's Chris Olszak and Erin Smith.
Following fires and drought, the covid-19 pandemic presented a new challenge for Australia’s farmers, but financial returns for investors have remained steady and attractive.
Fundamental shifts in supply and demand, with increased plantings of permanent horticulture, will increase reliance on carry-over water and inter-valley trades.
A combination of factors led JBS to close a processing facility in Queensland this week in a sign of the challenges that Australia’s beef exporters are set to face in the coming months.
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