Duxton’s Agri Bits and Pieces – Vol. 412
Posted on: February 8th, 2019

 

QUOTE OF THE WEEK

Rawdon Briggs, Colliers International rural and agribusiness director says sheep and wool enterprises in Australia continue to be two to three times more profitable than other livestock enterprises, with this trend expected to continue.

“Forecasts from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) are for lamb prices to rise 18 per cent this financial year and wool prices to rise 12 per cent as export demand exceeds supply.”

Rawdon Briggs, Colliers International rural and agribusiness director

 

 

 

 

Feeding Asia’s growing appetite for cheese

The race is on to win market share in Asia’s cheese market, with the region offering “a compelling growth opportunity” for Australian dairy exporters in the medium term.

The Rabobank report ‘Asia’s fast-moving cheese markets: Australia’s race to win’ provides robust growth outlook but also highlights that other exporting nations are also looking to expand their presence in Asia.

Rabobank senior dairy analyst Michael Harvey said the Australian industry must “play to its strengths” by focusing on maintaining and growing market share in the high-end segments of the market. “But much of Australia’s ability to grow exports into the Asian region will hinge on the sustainable growth of our milk supply” Mr Harvey said.

Mr Harvey said that Australia’s cheese production had grown in recent years, with close to half a billion dollars injected into the nations cheese processing capacity since 2015 to account for 54% of total capital expenditure in dairy processing. This comes at a time when Asia’s cheese imports are also growing, with China’s import growth rate at more than 20% between 2012-2017. Growth has been around 10% per annum over the same period in Indonesia, Malaysia, Thailand, the Philippines and Vietnam. China provides a large growth opportunity for Australian cheese exports, with China’s annual cheese imports set to potentially double by 2023, according to Mr Harvey.

Source: Dairy News, November 16 2018 

 

 

 

 

Bushfires devastate Tasmanian leatherwood honey production, prices set to rise

The price of Tasmanian honey is set to soar this year after dry conditions and fires across the state have conspired to deliver the industry’s worst season in 35 years. Hives have been wiped out along with large amounts of valuable leatherwood trees that are expected to take more than 100 years to recover. Approximately 70% of the states honey is produced using leatherwood, a summer flowering rainforest tree. Peter Norris, Tasmanian Beekeepers Association, said production would be down 75%, making it the worst season in 35 years.

Source: Georgie Burgess, ABC Radio Hobart, February 5 2019,

 

 

 

 

 

 

 

CHART OF THE WEEK
The graph below highlights the importance of bee pollination to a large variety of crops. The extent of the benefits of bee pollinators may depend on crop types and their stages of production. For instance, some crops only benefit from pollination for breeding and seed production, while for others the benefits are through the amount or quality of fruit produced.

 

JOKE OF THE WEEK
What is the difference between a dressmaker and a farmer?
A dressmaker sews what she gathers, a farmer gathers what he sows.

 

 

 

 

 

 

 

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