Reading Time: 2 minutes CNS Canada — The canola market continues to watch and wait for the Chinese and Canadian governments to resolve a dispute over the amount of dockage allowed in imports of Canadian canola. Until that happens, canola may face growing pressure between now and next week. On Sept. 1, China is scheduled to lower the amount […] Read more
ICE weekly outlook: Canola watching China before harvest
Forecasters see rising likelihood of La Nina in 2016
Reading Time: < 1 minute Reuters — A U.S. government weather forecaster on Thursday heightened its projections for the La Nina weather phenomenon to take place in the Northern Hemisphere later this year, on the heels of an El Nino likely to fade by early summer. The Climate Prediction Center (CPC), an agency of the National Weather Service, in its […] Read more
Australia to defer decision on China land deal
Reading Time: 2 minutes Sydney | Reuters — The Australian government is deferring until after an upcoming federal election a politically sensitive decision on whether to allow the sale of one of the country’s biggest cattle empires, S. Kidman and Co., to a Chinese-led consortium. Australian Treasurer Scott Morrison rejected a previous foreign-led offer for the ranching company — […] Read more
Brewers toast Australian gluten-free barley
Reading Time: 2 minutes Sydney | Reuters — Australian scientists say they have developed the world’s first WHO-approved “gluten-free” barley, a breakthrough for global beer manufacturers. They have had to use alternatives to barley such as rice and sorghum to brew gluten-free beer. Australia’s Commonwealth Scientific and Industrial Research Organization (CSIRO) said April 8 it had sold 70 tonnes […] Read more
Australia, Indonesia renew push for trade deal
Reading Time: 2 minutes Sydney | Reuters — Australia and Indonesia on Wednesday said they would formally resume long-stalled negotiations aimed at sealing a bilateral trade agreement between the often uneasy neighbours within 18 months. Australian Trade Minister Steven Ciobo and Indonesian Trade Minister Thomas Trikasih Lembong said in a joint statement talks would resume in May after a […] Read more
Australia dumps ‘backpacker tax’ over farm, export concerns
Reading Time: 2 minutes Sydney | Reuters — Australia on Wednesday walked back from a planned tax hike on foreign travellers who work in the country, following concerns from farmers that their supply of “backpacker labour” at harvest times may dry up and undermine Australia’s ambitions of being Asia’s delicatessen. Australian fruit exports are set to hit a record […] Read more
Grain consortium lobbying hard for Australia’s biggest wheat exporter
Reading Time: 2 minutes Sydney/Reuters – A consortium seeking to buy Australia’s biggest wheat exporter, Co-operative Bulk Handling Ltd (CBH), is stepping up lobbying for its offer amid concerns the deal may be snubbed and reports of a rival Chinese bidder. The Australian Grains Champion (AGC), which includes farmers and some former directors of CBH, wants to acquire and list […] Read more
Australia to hike tax on ‘backpacker’ workers
Reading Time: 2 minutes Sydney | Reuters — Australia is set to increase taxes on foreign travellers who work in the country, raising concerns from farmers that their supply of “backpacker labour” at harvest times may dry up and undermine Australia’s ambitions of being Asia’s delicatessen. Australian fruit exports are set to hit a record A$2.27 billion (C$2.19 billion) […] Read more
Australia set to legalize cultivation of medical cannabis
Reading Time: 2 minutes Sydney | Reuters — Australia is expected to legalize the cultivation of cannabis for medical or scientific purposes with a bill introduced to parliament on Wednesday — the first step toward doctors eventually prescribing it to patients with chronic pain. The bill will see Australia create a national licensing and permit scheme to supply medical […] Read more
Major investment to build Farmers Edge’s data power
Reading Time: 2 minutes Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green Growth Fund operated by investment […] Read more
A message from April Stewart, Country Guide's Associate Editor
