Duxton’s Agri Bits and Pieces – Vol. 410
Posted on: January 25th, 2019

 

QUOTE OF THE WEEK

This week’s quote is from Northern Territory Farmers Association President, Simon Smith, regarding the plan to double agricultural value to $600 million in the territory by 2028, with a focus on cotton.

“When we look at where the markets lie, cotton is one that’s coming up regularly as a future anchor crop. Cotton is a crop that likes humidity, water and heat, which we have plenty of”.

Source: Carmen Brown and Daniel Fitzgerald, ABC News, 18 January 2019 and Matt Brann, ABC News, 21 November 2018

 

 

 

Australia inks trade deals with Britain to keep goods exports flowing post-Brexit

Australia has become one of the first countries to finish signing off trade deals with Britain that will prevent non-tariff barriers and regulatory hurdles from emerging after Brexit on over $3.8 billion of two-way trade.

 

The Australian and British governments on Friday inked two deals that will replicate with post-Brexit Britain all of Australia’s existing trade-liberalisation arrangements with the European Union in the wine and manufacturing industries. Australia will now have an identical agreement with Britain, avoiding potentially costly new requirements after Brexit on at least $470 million of annual Australian wine exports to the British market.

 

The first pact covers wine: under the longstanding EU-Australia Wine Agreement, European governments accept Australian labelling standards, certification procedures and winemaking practices, which differ from those in the EU.

 

“This agreement will help give UK and Australian businesses, exporters and consumers the certainty they need to continue trading in confidence as the UK leaves the EU,” Britain’s Trade Secretary Liam Fox said in a statement before he and Australian High Commissioner George Brandis signed the MRA in London.

Source: Hans van Leeuwen, Australian Financial Review, 18 January 2019

 

 

 

 

 

Almond growers prepare for record harvest but more bees needed to keep industry buzzing

Australia’s almond growers are set for a record crop this season, but as the industry keeps growing, more pollination services are needed to sustain the rapid production increase.

Almond Board of Australia CEO, Ross Skinner, said overall production volumes looked very strong, with early estimates provided by industry processors suggesting a national crop of approximately 93,000 tonnes, 13,000 tonnes greater than last year.

As the industry is still growing, with many trees yet to reach full maturity, Mr Skinner said that there is a large demand for additional pollination services, estimating an additional 70,000 hives would be required. “We are working with the honey bee industry to see if we can open up additional resources so that the beekeepers can increase the number of hives available.”

Source: Jessica Schremmer, ABC Australia, 21 January 2019

 

 

 

 

 

 

 

CHART OF THE WEEK
Global Prices Trend Upwards

Dairy prices recorded their biggest increase in almost a year at the Global Dairy Trade auction on January 15. The GDT price index leapt 4.2% to $US3057 a tonne, the fourth consecutive increase after several months of decline.

In its latest Quarterly Update, Rabobank says global markets could “move rapidly upwards” in the first half of 2019 as production tightens in several major dairy exporting regions around the world.

 

 

 

Source: Carlene Dowie, The Australian Dairy Farmer, 16 January 2019

 

JOKE OF THE WEEK
A lady from the city and her traveling companion were driving through the country when she noticed some cows.

“What a cute bunch of cows!” she remarked.

“Not a bunch, herd”, her friend replied.

“Heard of what?”

“Herd of cows.”

“Of course, I’ve heard of cows.”

“No, a cow herd.”

 

 

 

 

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