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Australia’s ABARES agency now expects the country’s meat producers to export 20 per cent more beef this year than the agency forecast in June. (BeefAndLamb.com.au)
Beef Cattle, Livestock, Markets, Reuters

Australia lifts beef export forecast as El Nino bites

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Reading Time: 2 minutes 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 the world’s third-largest exporter to maintain near-record slaughter rates. Beef exports are expected to total 1.225 million tonnes in the crop year to July 1, […] Read more
PHOTOS: Youth Ag-Summit: A role for research
General

PHOTOS: Youth Ag-Summit: A role for research

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Reading Time: < 1 minute Feeding the nine billion-plus people expected to be living on our planet by 2050, from a land base that’s not expected to get any bigger, is the question posed to young “thought leaders” at this year’s Youth Ag-Summit. Grainews and Country Guide field editor Lisa Guenther is in Canberra this week for the event, hosted […] Read more
(Canada Beef Inc. photo)
Crops, Markets

‘Megatrends’ expected to move ag sector in future

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Reading Time: 2 minutes 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, Reuters

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

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Reading Time: 2 minutes 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
A mature wheat field in Australia nears harvest.
Cereals, Guide Business, Opinion

How Australia plans to beat Canadian farmers

A must read from Down Under for coming out on top

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Reading Time: 6 minutes You have to admit that for an economic study, this one has a great title: “The Puck Stops Here!: Canada challenges Australia’s grain supply chains.” The new study is by the Australian Export Grains Innovation Center (AEGIC), and it looks into Western Canada’s export grain supply chain. In fact, it looks at our grain system […] Read more
Beef Cattle, Livestock, Markets, Reuters

Chinese billionaire buys Australian cattle stations

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Reading Time: 2 minutes 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, Reuters, Weather

Warming Pacific waters seen fuelling lengthy El Nino

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Reading Time: < 1 minute 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
Beef Cattle, Livestock, Markets, Reuters

Australia’s largest private land owner to sell cattle business

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Reading Time: 2 minutes 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 cash for other businesses and investments. S. Kidman and Co. said it will sell its privately owned 11 cattle stations and a feedlot, complete with […] Read more

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