Australian wheat and barley came away with average crops for 2023/24, as the threat of dryness caused by an El Niño posed a major challenge, according to the United Stated Department of Agriculture attaché in the country’s capital of Canberra.
Tag Archives Australia
Australia achieves average wheat, barley harvests
Total exports down, but percentage going to China increased
Pulse weekly outlook: Pulse Canada looking for success in 2024
Despite a smaller crop last year, lentil demand remained strong, especially from India
Greg Northey, vice-president of corporate affairs said crop production bounced back in spite of challenging growing conditions in some areas. Chickpeas and edible beans saw increased production in 2023-24 compared to the previous year, while lentil and dry pea production declined.
Australia says China has lifted some restrictions on meat imports
Aussie trade minister calls it a positive step in improving relations between the countries
Australia's trade ministry said on Tuesday that China had lifted restrictions on imports of meat from three Australian abattoirs, in the latest sign of improving relations between the two countries.
Australian crops improve, but well off recent records
Winter crop harvest reportedly progressing quicker, earlier than recent years
Australia’s winter crop production likely beat earlier expectations but will still be down considerably compared to the record-large production in recent years, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
Alberta investment firm acquires Australian cattle portfolio
This is AIMCo's second agricultural acquisition 'down under' in the last two years
The portfolio consists of Yougawalla Pastoral Co and Argyle Cattle Co. It's a large-scale cattle breeding business spanning nearly 3 million hectares (7.4 million acres) or largely leased land in the Kimberly region of Western Australia, AIMCo said in the news release.
CBOT weekly: Mostly bullish influences on soy, corn, wheat
China increasing imports, Brazil in weather bind
MarketsFarm — While extreme weather differences in Brazil remained the main focus of the Chicago Board of Trade’s attention, increased imports by China were becoming another major factor, according to Terry Reilly, senior agricultural specialist for Marex in Chicago. “People are watching China’s increased demand for soybeans, wheat and potentially corn,” Reilly said, noting the […] Read more
Pulse weekly outlook: Green lentils show strength, reds lag
Green lentil sales limited as farmers bullish
MarketsFarm — Green lentil bids in Western Canada are trading at their highest levels of the past year, with solid new-crop pricing opportunities already becoming available. Spot bids for large green lentils can currently be found in the 60 to 72 cents/lb. area, according to Prairie Ag Hotwire data, with new-crop contracts hitting 50 cents […] Read more
Australia buys vaccines for lumpy skin disease to safeguard cattle exports
Recent scares halted some live export trade
Canberra | Reuters — The Australian government said on Wednesday it had bought a supply of vaccines for lumpy skin disease (LSD), a highly infectious condition affecting cattle, as part of efforts to control the disease and maintain live animal exports. The government says Australia is free of LSD but infection scares in recent months […] Read more
ICE weekly outlook: Little downside for canola, trader says
'I wouldn’t look for a big collapse'
MarketsFarm — After trading rangebound during the week before the Labour Day long weekend, canola started the month of September by taking a tumble. The November canola contract stayed between $800-$821 per tonne from Aug. 24 to Sept. 1, with closing prices between $809-$812/tonne. When ICE Futures resumed trading Tuesday, the price dropped $13.90, to […] Read more
Australian crop estimates adjusted slightly lower
Crop seen down 34 per cent from last year
MarketsFarm — Total 2023-24 winter crop production in Australia, at an estimated 45.2 million tonnes, is expected to be 34 per cent off the record highs hit last year but slightly above the June forecast as upward revisions to canola and barley counter a downward revision to the wheat number, according to the latest crop […] Read more
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