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Tag Archives australia — page 20

(Canada Beef Inc. photo)
Crops, Markets

‘Megatrends’ expected to move ag sector in future

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CNS Canada — Health-conscious customers with money to spend will be looking to purchase more food over the next 20 years, while changing technologies and global economic uncertainty will bring their own challenges. That’s the outlook in a recent report out of Australia, highlighting five megatrends expected to impact the agricultural sector in the coming […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans climb as China fears wane

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Chicago | Reuters –– Benchmark U.S. soybean futures rose 1.5 per cent on Thursday as equity markets stabilized in China, the world’s top soy buyer, and on outlooks for dry weather as the U.S. Midwest growing season winds down, traders said. Corn clung to modest gains on better-than-expected weekly U.S. export sales and spillover strength […] Read more
Livestock, Markets

Chinese billionaire buys Australian cattle stations

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Sydney | Reuters –– A Chinese billionaire has bought two large Australian cattle stations for A$47 million (C$44.8 million), in at least the third deal this year involving a Chinese investor buying into the country’s farmlands. Xingfa Ma, who owns the Tianma Bearing Group Co., snapped up 40,000 head of cattle along with the 705,700-hectare […] Read more
Pacific sea surface temperature anomalies for the week centred on June 3. (CPC.ncep.noaa.gov)
Crops

Warming Pacific waters seen fuelling lengthy El Nino

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Sydney | Reuters –– Pacific Ocean temperatures continue to warm, supporting El Nino weather conditions for the rest of 2015, Australia’s Bureau of Meteorology said Tuesday. An El Nino can have devastating consequences for agriculture globally, causing heavy rains and floods in South America and scorching weather in Asia and as far away as east […] Read more
Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)
Markets

Australia backs farmers on foreign ownership gripes

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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 overseas purchases of agricultural land. Foreign ownership is a key concern for many farmers, a crucial part of the conservative government’s support base, who worry […] Read more
Australia’s Prime Minister Tony Abbott, shown here at the U.N. in September, is backing plans for a nationwide country-of-origin labelling program. (PM.gov.au via Flickr)
Markets

Australia plans country-of-origin labelling after hep A outbreak

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Sydney | Reuters — Australian Prime Minister Tony Abbott backed plans on Thursday to introduce country-of-origin labelling in the wake of a hepatitis A outbreak, potentially risking contravention of World Trade Organization (WTO) rules. With 18 confirmed cases of hepatitis A linked to consumption of berries sold by Patties Foods Ltd., Abbott said he had […] Read more
Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)
Crops, Markets

Australia tightens rules over foreign buying of farmland

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Sydney | Reuters –– Australia tightened rules on Wednesday over foreign ownership of its agricultural land amid concerns that it is losing control of its own food security, slashing the amount beyond which land purchases would require regulatory approval. From March 1, foreign purchases of agricultural land over A$15 million (C$14.51 million) will be subject […] Read more
Crops

Australia’s temperatures found fastest-rising worldwide

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Sydney | Reuters –– Australia faces a rise in temperature of potentially more than 5 C by the end of the century, outpacing global warming worldwide, the country’s national science agency said Tuesday. In its most comprehensive analysis yet of the impacts of climate change, the Commonwealth Scientific and Industrial Research Organization (CSIRO) painted a […] Read more

Cyber-Savvy Farmer

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