Sydney/Reuters – Heavy rain falling along Australia’s east coast could put up to half of wheat production from the country’s second largest grain producing state at risk of quality downgrades, traders […] Read more
Heavy rains threaten Australia’s east coast wheat crop – traders
Drought exposes cracks in Australia’s acclaimed water market
Sydney | Reuters — A pioneering Australian scheme to improve the management of water in the world’s driest inhabited continent is facing its first real test as an intensifying El […] Read more
Australia lifts beef export forecast as El Nino bites
Sydney | Reuters — Australia raised its forecast for beef exports by 20 per cent on Tuesday as drought conditions worsened by an El Nino weather pattern force farmers in […] Read more
GrainCorp to boost U.S. malt output, target craft beer boom
Sydney | Reuters –– Australian agribusiness GrainCorp plans to nearly double output capacity at one its U.S. malt plants, to capitalize on soaring North American demand for craft beer. Typically […] Read more
Australia beef exports to fall on lower slaughter rate
Sydney | Reuters — Exports of Australian beef are likely to fall faster than previously expected as slaughter rates drop off as a two-year drought eases, threatening to add fuel […] Read more
Australia’s largest private land owner to sell cattle business
Sydney | Reuters — Australia’s largest private land owner will sell its cattle operations, including the world’s largest ranch and an area equivalent in size to South Korea, to raise […] Read more
Ocean warming suggests 50 per cent chance of El Nino
Sydney | Reuters — Recent warming of the Pacific Ocean may signal an El Nino weather event is forming, the Australian Bureau of Meteorology said on Tuesday. Climate models indicate […] Read more
Marubeni to close Australian grain business
Sydney/Hamburg | Reuters — Japan’s Marubeni Corp. is to close its Australian grain trading business after a review of its global operations. The move “is not in any way reflective […] Read more
Feared plant disease found on Australian banana farm
Sydney | Reuters — An outbreak of a feared disease affecting banana plants has been confirmed on an Australian farm, raising worries over the outlook for the country’s A$550 million […] Read more
Australia backs farmers on foreign ownership gripes
Canberra | Reuters –– The Australian government has sided with farmers who say official data vastly underestimates foreign ownership of the nation’s farmland, as it moves to clamp down on […] Read more
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