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ABARES forecasts that sharp falls in livestock production and summer crops will lead to farm production volume dropping by 15% next year, hitting lows not seen in more than a decade.
The meat, fish and dairy sector’s efforts to monitor and reduce greenhouse gas emissions makes for grim reading, with each stat in the Coller FAIRR Index more surprising than the last.
Rural Bank warns that the outlook for 2019-20 is ‘mixed’ and impressive growth in cattle exports this year was largely driven by an increase in production due to drought-induced destocking.
US-based short-seller argued that EY report was ‘not a clean bill of health’ and had ‘backfired’ on Rural Funds Management, as the ASX-listed firm begins legal action.
The Commonwealth Scientific and Industrial Research Organisation finds that shifting consumer preferences will lead to increased demand for health foods and alternative proteins, offering opportunities for growth.
Cotton growing in a field with sun rising
MD David Bryant tells Agri Investor that a new report by EY confirms that allegations made by Bonitas Research were ‘completely without foundation’.
Research has found that the level of grain-fed beef exports from Australia could increase to more than 500,000 tonnes by 2030, due to rising demand from an increasingly wealthy middle class in China.
Akva chief executive Hallvard Muri says the first of at least five projects resulting from the partnership will be in Chile and comes at a time of significant investor interest in land-based aquaculture.
Angola's cattle sector
Head of agency says there is a mismatch between the number of international companies interested in export credit in the country and lenders capable of operating there.
The portfolio in NSW and Victoria will be sold as a whole or in parts and is expected to fetch more than A$150m.
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