Global Agribrands Eye Off Australia for Expansion Plans
Global Agribrands Minerva Foods and SALIC have announced the signing of a memorandum of understanding to establish new agricultural operations in Australia. SALIC – the Saudi Arabian government’s agricultural fund – currently owns 211,000 hectares in Australia of which 158,000 hectares are arable and 90,000 hectares are currently being cropped. Merredin Farms, located in Western […]
Significant Investment Boost Required to Realise Ag’s $100 Billion by 2030 Goal
Australian agriculture needs to attract a significantly bigger amount of annual capital investment in order to reach the National Farmers’ Federation target of AUD$100 billion in farm gate value by 2030. That’s according to a new report released by Agrifutures Australia last month which included data modelled by economists to show the impact of investment […]
Australian Agriculture Celebrates a Bumper Year Ahead of a Predicted Drop in Value
ABARES has announced that the value of agricultural output is set to reach a record of $66 billion in the 2020-2021 financial year, a $5 billion increase on the record set in 2016-2017. Favourable seasonal conditions are the main driver of the increase in production, outweighing the drawbacks of the COVID-19 virus and trade tensions […]
Wilmot Cattle Co Sells Carbon Credits to Tech Giant Microsoft in First-of-its-kind Transaction
A New South Wales grazing aggregation has sold carbon credits worth around $500,000 to global tech brand Microsoft – the first of its kind involving an Australian grazier. Over the past three years, Wilmot Cattle Co has sequestered more than 40,000 tonnes of carbon using a regenerative grazing system to produce grass-fed beef. Their farming […]
Recruitment Trends for Australian Agriculture in 2021
While all plans for 2020 were swiftly hijacked by the outbreak of COVID-19, here’s hoping that 2021 will be a slightly more predictable period. Last year, Australian agriculture bucked the global trend of a contraction in job vacancies, growing by 0.37%. Considering the market forces currently affecting the industry and its workforce, here are our […]
$38 million of fresh produce left unharvested is “just the tip of the iceberg” according to Growcom
Australian fruit and vegetable growers have reported losses valued at more than $38 million since December last year, due to the lack of seasonal labour available. More than 50 growers have contributed data to the National Lost Crop Register, which was established by Growcom late last year to quantify the effect labour shortages were having […]
Indian Farmers March into a Sixth Straight Month of Protests Amid Sweeping Changes to Agricultural Laws
Protests led by farmers near Delhi are entering their sixth consecutive month, after the Indian Government hurried three new agricultural laws through parliament without consulting a parliamentary committee for consideration. Since November last year, hundreds of thousands of farmers and supporters have taken to the border of the Indian capital to express their anger at […]