AVOCADO growers have slammed suggestions of an avocado conspiracy theory that has led to a national shortage of the fruit. Fairfax Media reported International Avocado Society president Antony Allen said farmers threw all their stock onto supermarket shelves in the...
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AS COLES and Woolworths battle it out for their market share and the price of fresh produce gets cheaper and cheaper, consumers are cheering. But if you knew the true value of that piece of fruit, would you pay more?...
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New Zealand is preparing for another record apple season, with predictions of increased yields, high quality fruit and growing market demand. Mr Apple Production Manager Robert Sykes says good weather in the Hawkes Bay region has made for strong growing...
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Analysis by professional service firm Deloitte has revealed returns of Australian Stock Exchange listed agribusinesses have far-outperformed major stock indices locally, and abroad. In a new report, economists calculated the average return of 38 listed agribusinesses at 66.9 per cent,...
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Australian exporters welcome news trade pact with China will commence before Christmas A wish, following news that the China-Australia Free Trade Agreement (ChAFTA) will enter force on 20 December. The timing of the ratification will deliver a rapid double tariff cut...
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Australian farmers say an international agreement to scrap agricultural export subsidies will put them on a level playing field with their competitors from overseas. More than 160 member countries of the World Trade Organisation have agreed to remove the subsidies,...
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New Zealand’s Ministry for Primary Industries (MPI) has forecast horticultural export revenues during the year ending June 2016 to rise 16% to NZ$4.8 billion. The expected NZ$668 million boost is led by the recovery of the kiwifruit industry, significant increases in...
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Australia’s GrainCorp has planned to invest more than $30 million in a 50-50 joint venture with Japan’s Zen-Noh Grain Corporation to enter into North American market. GrainCorp already runs two container loading sites in Calgary, Alberta, from where it will...
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Frost, hail, bushfires and variable rain have not stopped West Australian farmers recording an above average harvest this season. The state's grain handler Co-operative Bulk Handling (CBH) said this year's yield was up about 30 per cent. "It's a well...
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Australia’s wheat export volumes are expected to increase 2% to 16.9 million tonnes in 2015-16, according to the December quarterly report from the Australian Bureau of Agricultural and Resource Economics and Science (ABARES). This forecast reflects slightly higher opening stocks,...
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Australia cut its crop export forecasts, hacking by more than 1m tonnes its expectation for coarse grain shipments, citing factors from "strong competition" in wheat trading to Chinese corn subsidy reforms. Abares, the official Australian commodities bureau, cut by 580,000...
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China’s imports and exports shrank again in November but there were signs a decline in domestic demand might be turning around. Customs data showed exports contracted by 6.8 per cent, accelerating from October’s 3.6 per cent. Imports declined 8.7 per...
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