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NEWS
UPDATED 31 JULY 2005
INDEXFEB 05MAR 05APR 05MAY 05JUN 05JUL 05LATEST

28 Feb 2005 | Golden Circle turns to B&B for a lifeline
Golden Circle, the Queensland-based fruit and vegetable growers cooperative, is negotiating to sell up to 30 per cent of the company to a private equity fund managed by Babcock & Brown. ...... FULL STORY

28 Feb 2005 | Rain and shine ruins ABB’s season
ABB Grain said its storage and handling network received just 4.2 million tonnes of grain in the recent harvest, well below the 6.5 million tonnes anticipated at the start of the season. ...... FULL STORY

28 Feb 2005 | Three quarters of Queensland citrus orchards in the clear
The Gayndah and Mundubbera citrus area has been confirmed pest-free, and the domestic market restrictions imposed due to Emerald's canker outbreak will be lifted in time for this year's crop. ...... FULL STORY

28 Feb 2005 | Cattle breeding more profitable than wool
In 1990 there were 26,000 specialist woolgrowers; now there are 12,000. ...... FULL STORY

25 Feb 2005 | Waygu breeders profit from niche beef
Niche beef primed for select markets earns prices well above average. ...... FULL STORY

25 Feb 2005 | Farming increasingly concentrated in the hands of the few
National Australia Bank forecast that declining margins, poor incomes and the cost of getting into large-scale agriculture would leave Australia with less than 100,000 farmers within 15 years. ...... FULL STORY

24 Feb 2005 | Winter harvest a let down for GrainCorp
GrainCorp said the harvest for the winter grains season, completed in December, wasn't what the company had hoped for. ...... FULL STORY

24 Feb 2005 | AWB earns war premium on Iraq wheat
AWB said it was selling wheat a premium price to that achieved in other markets, but won’t say what this premium is. ...... FULL STORY

23 Feb 2005 | Snowy dams an option for irrigation water storage
Farmers in north-eastern Victoria and southern New South Wales might have new options to preserve scarce water. ...... FULL STORY

23 Feb 2005 | Grape glut may leave growers in the red
A glut of wine grapes is pushing prices to new lows. ...... FULL STORY

22 Feb 2005 | Fonterra spruiks dairy prospects
New Zealand dairy group Fonterra said that productivity improvements, demand from Asia, a more favourable exchange rate and weather would all combine in time to deliver a sustainable price to dairy farmers for their milk. ...... FULL STORY

22 Feb 2005 | More farmers chase organic produce niche
Biological Farmers of Australia said it estimated that the organic foods industry increased by 30 per cent last year. ...... FULL STORY

22 Feb 2005 | Exporters in a beef over US quota
The federal government will establish an industry panel to determine how to allocate the 378,000 tonne export quota for Australian beef to the US. ...... FULL STORY

21 Feb 2005 | Water price may treble in the Fitzroy Basin
Coal exporters are making plans to fully fund a $210 million pipeline to avert water shortages in the northern Bowen Basin in Queensland, after both the state and federal governments refused to help fund the project. ...... FULL STORY

21 Feb 2005 | Farmers get greater say on produce code
Farmers will have greater representation on the Produce and Grocery Industry Code of Conduct Administration Committee, after the National Farmers’ Federation lobbying. ...... FULL STORY

21 Feb 2005 | Another case of citrus canker in Queensland
The Department of Primary Industries confirmed a new case of citrus canker has been detected within the quarantine area at Emerald in Queensland. ...... FULL STORY

21 Feb 2005 | Drought extends reach in the Wimmera
Farmers in the Wimmera district in Victoria’s north-west say that many have lost 70 per cent of their current crop, with the district in the eighth year of below-average rainfall. ...... FULL STORY

21 Feb 2005 | Riverland growers gripe over grape prices
The Riverland Wine Grape Growers' Association said that McGuigan Simeon's wine company had lowered prices for chardonnay grapes to $600 per tonne this season, almost 30 per cent lower than the $850 per tonne paid last season. ...... FULL STORY

18 Feb 2005 | Grain growers face higher levy for investment arm
The Grains Council of Australia said it proposed to increase grain grower levies from one per cent to 1.2 per cent, to fund a new company called Single Vision Grains Australia and its subsidiaries. ...... FULL STORY

18 Feb 2005 | Cattle neglected on Wiluna station
More than 500 cattle have died and a further 2500 were abandoned without water in temperatures of 50 degrees celsius on a pastoral station near Wiluna, 1000km north-east of Perth. ...... FULL STORY

18 Feb 2005 | Mango glut leave a sour taste for growers
A glut of mangoes is changing the economics for growers of this iconic summer fruit. ...... FULL STORY

18 Feb 2005 | Fees for vet quango will rise
The National Farmers' Federation said it held fears for the viability of the Australian Pesticides and Veterinary Medicines Authority, a quango with declining revenues and which recorded a loss of $5 million in 2003/2004. ...... FULL STORY

17 Feb 2005 | Chardonnay grapes back in fashion
The Australian Bureau of Agriculture and Resource Economics forecast that growth in white wine grape production would outstrip red wine grape production. ...... FULL STORY

17 Feb 2005 | GM crops shift to drought resistance
Genetically modified crops are shifting toward drought resistance and nutritional changes and away from herbicide resistance. ...... FULL STORY

17 Feb 2005 | Feds refine terms for farmers to leave the land
The federal government said it would provide income support under its Farm Help program of up to $5,500 for training, and re-establishment grants of up to $50,000 for people who decide to sell up and leave the land. ...... FULL STORY

17 Feb 2005 | Brazilian beef escapes biosecurity safety net
Quarantine officials allowed the import of a small quantity of beef from Brazil late last year, even though the US, Canada and Japan all ban the entry of Brazilian beef. ...... FULL STORY

16 Feb 2005 | Ernst & Young Weekly Food & Agribusiness Report
- News Highlights
- Other News
- Livestock
- Crops
- Cotton and Sugar
- Rural & Agribusiness Stocks
...... FULL STORY

16 Feb 2005 | Eyre Peninsula rail may shut down
The rail industry is lobbying for an exemption for rail branch lines used to haul grains from national competition policy. ...... FULL STORY

16 Feb 2005 | Farmers make the most of summer rain
The Australian Bureau of Agricultural and Resource Economics forecast that this season’s summer crop would be 13 per cent higher than last year, thanks to favourable summer rains. ...... FULL STORY

16 Feb 2005 | Oil industry sour on ethanol blends
The National Party is pushing for regulations that would force oil companies to sell a petrol and ethanol blend, rather than simply petrol. ...... FULL STORY

16 Feb 2005 | No case for wind farms in Victorian goldfields
Wind Power said it would not proceed with proposed wind farms near Ballarat and Mt Macedon in Victoria. ...... FULL STORY

15 Feb 2005 | Ethanol investors off to an early start
Primary Energy, the proponents of the planned $100 million Gunnedah ethanol plant have started to spend their government grants, even though they have not yet finalised financial backing, contracts to sell the ethanol or environmental approvals. ...... FULL STORY

15 Feb 2005 | More sugar mill closures expected
Canegrowers, the industry association, predicted that more sugar mills would close. ...... FULL STORY

15 Feb 2005 | SunRice cuts staff at Riverina mills
Ricegrowers Cooperative, which trades as the SunRice said this year’s rice crop would be “substantially smaller” than the 2004 crop, but did give a more precise estimate. ...... FULL STORY

14 Feb 2005 | Aussie beef producers can anticipate limits on Asian exports
Australia's beef industry could suffer the same cattle health scares that have hit US and Canadian beef exports, agribusiness lender Rabobank warned. ...... FULL STORY

14 Feb 2005 | Immigration raids common in the mallee
The National Party attacked the Immigration Department for the manner in which the department searched for allegedly illegal workers on a fruit farm in the Victorian mallee district. ...... FULL STORY

14 Feb 2005 | Storms fail to break eight year drought
Victoria’s recent storms have done little to replenish rural reservoirs, and have failed to break the state's eight-year drought. ...... FULL STORY

14 Feb 2005 | Dairy subsidies misused
Dairy farmers have abused the spirit of the federal Government's $2 billion bailout of the industry, using grants of up to $60,000 as income instead of making their operations more efficient. ...... FULL STORY

11 Feb 2005 | Saudi sheep trade set to resume
The live sheep trade with Saudi Arabia will resume in April. ...... FULL STORY

11 Feb 2005 | Livestock tags go to waste
Processors are showing little interest in making use of the National Livestock Identification Scheme, acccording to Australian Beef Association. ...... FULL STORY

11 Feb 2005 | Further outbreak of citrus canker in Emerald
Quarantine authorities are investigating a suspected new case of citrus canker disease in the fruit-growing district of Emerald in central Queensland. ...... FULL STORY

11 Feb 2005 | Poultry producers dump GM feed
Three of the largest poultry producers will stop feeding genetically modified soyabeans to their chickens. ...... FULL STORY

11 Feb 2005 | Average rain expected in western grain belt
Growers in Western Australia’s cropping belt expect average growing season rainfalls according to the latest seasonal outlook from the Department of Agriculture. ...... FULL STORY

11 Feb 2005 | AACo worried about dry start to 2005
Australian Agricultural Company said it needed more rainfall, even though it described the weather last year was closer to normal in most AACo regions in Queensland and the Northern Territory. ...... FULL STORY

10 Feb 2005 | AWB looks for another bulk merger
Wheat exporter AWB predicted there would be a further merger of big Australian grain companies within the next year or two. ...... FULL STORY

10 Feb 2005 | AWB expects slump in wheat crops
AWB said it expected a sharp fall in Australian wheat production in 2004/05 and lower export volumes. ...... FULL STORY

10 Feb 2005 | Growers decry Argentine seed sale
The Wheat Growers Association is cranky over the purported sale last year of the intellectual property rights to a seed of an Australian-bred wheat variety that the WGA claims may cost Australian growers $200 million a year. ...... FULL STORY

10 Feb 2005 | Milk production pumps in southern states
Dairy farmers are lifting output in Victoria and Tasmania in response to higher prices, with a lift in volumes of more than two per cent. ...... FULL STORY

9 Feb 2005 | Ernst & Young Weekly Food & Agribusiness Report
- News Highlights
- Other News
- Livestock
- Crops
- Cotton and Sugar
- Rural & Agribusiness Stocks
...... FULL STORY

9 Feb 2005 | ABB lifts malting barley price
ABB Grain lifted the indicator price for its 2004/05 South Australian malting barley pool number one by $10 a tonne to a range of between $210 and $220 a tonne. ...... FULL STORY

9 Feb 2005 | Sugar growers start to feel the pain
The reform of Australia's sugar industry would result in more mill closures and job losses, the peak industry association Canegrowers said. ...... FULL STORY

9 Feb 2005 | Rains brighten summer outlook
The National Australia Bank’s quarterly survey of the rural outlook found that business conditions in the December 2004 quarter were the strongest in four years. ...... FULL STORY

8 Feb 2005 | Wool margins double those of wheat farms
Farmers in Western Australia are being urged to reinvest in sheep flocks, and even switch away from grain. ...... FULL STORY

8 Feb 2005 | Dubbo dares to “save the bush”
Locals in Dubbo will launch a "save the bush" campaign in which country residents will devise a 10-year blueprint aimed at stemming the population drift to the city, and encouraging Sydneysiders to move west. ...... FULL STORY

8 Feb 2005 | Beef producers look forward to promising 2005
The Meat & Livestock Association projected in its Australia's Cattle and Sheep Industry Projections that Australian beef exports would rise 9 per cent in volume to 995,000 tonnes. ...... FULL STORY

8 Feb 2005 | Reserve prepares for interest rate rise
The Reserve Bank put home and business owners on notice for a rise in interest rates. ...... FULL STORY

7 Feb 2005 | White House plans cuts to farm subsidies
The US government said it would limit subsidies paid to individual farmers. ...... FULL STORY

7 Feb 2005 | Study confirms economies of scale in grain farms
Grain farms in Western Australia are more productive than those in other parts of Australia because they are bigger, have more reliable rainfall and use more modern equipment, according to the nation's chief commodities forecaster. ...... FULL STORY

7 Feb 2005 | Hidden wool stockpile suppresses sales
On-farm storage of unsold wool could inflate the level of wool stocks by more than 50 per cent, with more than one million bales in need of a buyer. ...... FULL STORY

7 Feb 2005 | Feds call an end to drought help in southern and western Queensland
The federal government withdrew drought assistance to farmers on Queensland's Sunshine Coast, Western Downs and Maranoa regions. ...... FULL STORY

4 Feb 2005 | Grain growers tangle over Pakistan preference
The Grains Licensing Authority will examine allegations by the Grain Pool in Western Australia that a holder of a special export licence for 38,000 tonnes of canola destined for Pakistan targeted one of the Grain Pool's existing customers in Pakistan. ...... FULL STORY

4 Feb 2005 | AWB makes early pool payment
AWB said it would make an early payment of the second round of payments to wheat growers for selected AWB harvest finance products for the 2004/05 national pool. ...... FULL STORY

4 Feb 2005 | Beef prospects tastier than for lamb
An analysis by Meat & Livestock Corporation said that the easing of the drought should lead to an increase of eight per cent in beef production in Australia in 2005, while exports would also rise by eight per cent. ...... FULL STORY

4 Feb 2005 | AWB defends Iraq grain trade
AWB said it was confident it would hold onto a majority share of the Iraq imported wheat market, despite increased competition from the US. ...... FULL STORY

4 Feb 2005 | Growers place their trust in Coke
The SPC Ardmona Voting Trust, which controlled a four per cent stake in SPC Ardmona on behalf of growers, said the takeover of the company by Coca Cola Amatil was not as dramatic as many growers would think. ...... FULL STORY

3 Feb 2005 | Fonterra set to sweeten bid for NatFoods
Australian dairy farmers who still own shares in National Foods can expect New Zealand dairy cooperative Fonterra to make an improved takeover bid that would trump a rival bid from Philippines group San Miguel. ...... FULL STORY

3 Feb 2005 | SPC Ardmona’s Asian business given Coke deadline
The farmers that are the main shareholders in SPC Ardmona are on the verge of agreeing to sell the company to Coca-Cola Amatil for $500 million. ...... FULL STORY

2 Feb 2005 | Farm profits tied to farm size and commitment
A new study by the Australian Bureau of Agricultural and Resource Economics into the grains industry found that productivity of Australian grains industry farms is greater on average in Western Australia than in the eastern states. ...... FULL STORY

2 Feb 2005 | Tassie fish farms combine
Tassal Group said it would buy fellow Tasmanian salmon producer Aquatas from the food and agribusiness group Webster. ...... FULL STORY

2 Feb 2005 | Tractors a deadly problem for farmers
Farm tractors remain the deadliest piece of equipment on farms in Queensland, claiming the lives of 28 people between 1990 and 2000, mainly due to roll-over or back-flip situations. ...... FULL STORY

1 Feb 2005 | Farmers face ASIO check
Farmers applying for an ammonium nitrate licence will have to undergo a security check by the Australian Security Intelligence Organisation. ...... FULL STORY

1 Feb 2005 | Spring milk production disappoints
Dairy processors in southern states say that milk production in the peak spring period failed to recover in line with forecasts. ...... FULL STORY

1 Feb 2005 | Telstra trials DSL deeper in the bush
Telstra will trial a new form of digital subscriber line services that could extend DSL broadband coverage to 90 per cent of Australians by 2006, Telstra CountryWide said. ...... FULL STORY

1 Feb 2005 | Feds withhold sugar subsidies
Sugar growers will have to wait for government subsidies worth an average of $5,000 each, and due for payment a month ago. ...... FULL STORY



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