Agricultural Machinery Sales Soar Amid “Perfect” Seasonal Conditions
Strong commodity prices, low interest rates, federal government tax incentives and excellent seasonal conditions have led to a surge in agricultural machinery sales around Australia. Forecasts are predicting new and used sales of agricultural machinery will exceed $4 billion this year, a new national record for the sector. The Commonwealth Bank has reported a 50% […]
Power for the People: A New Source of Biofuel from Chocolate Waste
A new biofueled power plant in the Ivory Coast is set to improve the profitability of cocoa farming, while also increasing the amount of electricity generated from renewable energy sources. The new power plant will be the biggest in West Africa with the capacity to deliver between 46-70 megawatts of power per year while reducing […]
Texas Iceman Breaks Australian Record for the Most Expensive Angus Bull
A stud in Northern New South Wales has set a new Australian record after selling a prized Angus bull, Texas Iceman R725, for an eye watering $225,000. The bull was sold by the Mayne Family at Texas Angus stud, and purchased by Macka’s Angus in conjunction with Genetics Australia who will market semen globally. Macka’s […]
Eucalyptus Trees a Sustainability Boost for Brazil’s Beef Sector
Eucalyptus trees could become a common site in the paddocks of Brazilian cattle farms, as the industry strives to become a carbon-neutral industry. Booming Brazilian Beef Sector The booming beef industry has made Brazil a dominant player on the global stage. The country has quickly risen to become the largest exporter of beef, contributing around […]
China’s Tariffs Impact Export Sales but UK Growth Buffers Losses
The full force of China’s trade tariffs have been realised by the Australian wine industry which announced a $477 million hit in the six months to June 30. Figures released earlier this month by Wine Australia show that exports to China dropped to just $13 million for the half year period, compared with $490 million […]
Shining Lights: Canola and Cotton offer a Promising Season
Australian farmers have sown a record 2.9 million hectares of canola mid optimism about pricing and early rainfall events. On the back of a global shortage of oilseeds, farmers are hedging their bets with Western Australian growers committing to grow canola on across 1.5 million hectares. The increase in plantings and records prices could see […]
Cyber Hacking of JBS Meats Highlights Supply Chain Vulnerabilities
Global meat supplies have been largely undisrupted despite a major cyber-attack on JBS meats earlier this month. The world’s largest meat supplier was forced to shut down meat processing operations across the world, including North America and 47 locations in Australia, after hackers took over JBS Meat’s computer network, demanding a ransom in return for […]