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NEWS
UPDATED 31 MAY 2009
INDEXDEC 08JAN 09FEB 09MAR 09APR 09MAY 09LATEST

31 Dec 2008 | Brazil leads on sugar ethanol
Brazil is the number two ethanol producer in the world after the US which uses corn to produce an ethanol that can be blended with petroleum. ...... FULL STORY

31 Dec 2008 | Packer sells out as foreigners move in to Top End grazing
Half a billion dollars worth of Top End cattle stations are currently for sale. Two stations in the territory are expected to be sold for $75 million to a hedge fund backed by Anglo-Asian steel billionaire Lakshmi Mittal. ...... FULL STORY

30 Dec 2008 | Dairy giant takes shape
Warrnambool Cheese and Butter and National Foods have officially formed a joint venture named Australian Cheese Company Pty Ltd (ACC), to operate the cheese business of Dairy Farmers. ...... FULL STORY

29 Dec 2008 | Coffee growers win 12 year battle for compo
The Queensland Government has been ordered to pay more than $9 million compensation to three coffee growers following a 12 year court battle over a pesticide spraying operation. ...... FULL STORY

29 Dec 2008 | Farmer’s Landcare groups may miss out on new funding
The federal government has called for submissions for its new $2.25 billion Caring for our Country fund which has replaced a number of community environmental funding programs, including the National heritage Trust and National Landcare program. ...... FULL STORY

24 Dec 2008 | WA GM canola trial
Twenty Western Australia growers will participate in a trial of 1,000 Ha of genetically modified canola next year. The canola has been modified to be resistant to Monsanto''s Round Up herbicide. ...... FULL STORY

24 Dec 2008 | Rain boosts Namoi cotton
Namoi Cotton says recent rain has benefited the 2009 cotton crop which is now forecast to be 1.4 million bales, up from 0.6 million bales in 2008. ...... FULL STORY

24 Dec 2008 | Fertiliser maker gets government green grant
Big fertiliser maker Incitec Pivot is to install an additional compressor in its Urea Plant - a capital investment of up to $20 million. ...... FULL STORY

23 Dec 2008 | Horticultural investment schemes win court battle
Investors in non-forestry managed investment schemes will still be able to claim upfront deductions on the basis that investors are carrying on a business. ...... FULL STORY

23 Dec 2008 | Good times for pig farmers
Pig farmers are enjoying good prices after a severe reduction in the number of pigs in the industry last year. Price rises of up to $1 per carcass have followed a cull of numbers during the drought. ...... FULL STORY

23 Dec 2008 | Grapegrowers face up to lower prices
Murray basin winegrowers face big price cuts this year warns Foster''s. Winemakers are indicating they will pay $500/tonne for red varieties and $350/tonne for white, which may be below the cost of profuction for many growers. ...... FULL STORY

22 Dec 2008 | Banks not passing on rate cuts to farmers
Farmers say they are not being treated fairly by their banks because they have not received the same level of interest rate relief as homeowners. ...... FULL STORY

22 Dec 2008 | Senators want answers on fertiliser prices
The dominant players in the Australian fertiliser market are keeping prices artificially high says Liberal senator Bill Heffernan. ...... FULL STORY

19 Dec 2008 | Dairy farmers to suffer as world market crashes
Milk prices paid to farmers by big dairy co-operative Murray Goulburn will be slashed by 26 per cent from February 1 as a result of a big slump in global prices. ...... FULL STORY

19 Dec 2008 | Quarantine system to be rebuilt
The Commonwealth government has agreed in principle to the 84 recommendations of the Review of Australia''s Quarantine and Biosecurity Arrangements report that was established to investigate the quarantine system in the wake of the equine... ...... FULL STORY

18 Dec 2008 | Beef producer sells up to reduce debt
Australia''s biggest beef producer, Australian Agricultural Company, is selling some of its 24 cattle stations and feedlots to ease debt pressure. ...... FULL STORY

18 Dec 2008 | ABB growers reject big grain merger
ABB grower representatives on the board of the grain company have scuttled merger plans between ABB and AWB because they were apparently unwilling to resign in order to create a combined board of ten. ...... FULL STORY

18 Dec 2008 | NSW/VIC wheatgrowers miss out on national pool payments
Wheatgrowers in Western Australia and South Australia are the main beneficiaries of AWB''s distribution yesterday of $330 million from the sale proceeds of last season''s national pool. ...... FULL STORY

17 Dec 2008 | Rural R&D delivers big benefits
Australia''s fifteen rural research and development corporations are returning ten times more value to the industry than they spend themselves says a review of the sector. ...... FULL STORY

17 Dec 2008 | Listed agricultural stocks fall back in line
Australia''s listed agribusiness sector has taken a significant fall over the past month. ...... FULL STORY

16 Dec 2008 | Farm profits to rise as costs fall
Rural sector exports are expected to rise by 6.9 per cent to $29.38 billion in 2008-09 according to the December issue of the Australian Bureau of Agricultural and Resource Economics'' report on Australian commodities, released yesterday. ...... FULL STORY

15 Dec 2008 | Grain companies jostle over merger
ABB Grain shareholders are likely to be offered a slightly better price than AWB shareholders for agreeing to the merger between the two big grain companies. ...... FULL STORY

15 Dec 2008 | Farmers federation seeks corporate members
The thirteen state farming councils and commodities groups that together form the National Farmers Federation will vote this week on whether to allow agribusinesses to become members of the peak body for the first time. ...... FULL STORY

15 Dec 2008 | Local hops growers gain from global shortage
Local hops growers are benefiting from a global shortage which has led many boutique brewers to turn to the local market and has led to prices for some varieties quadrupling. ...... FULL STORY

12 Dec 2008 | Irrigators reject water buyout despite above market offer
Doubts about the ability of the Commonwealth government to purchase bulk water rights have been raised by the Wakool community''s rejection of an above market offer to buy 330 megalitres of rights. ...... FULL STORY

11 Dec 2008 | Damaged harvest still producing for grain farmers
Graincorp says it has already received more than six million tonnes from the current harvest and says it is on track to meet forecasts of 7.5 million to 10 million tonnes. ...... FULL STORY

11 Dec 2008 | Rain tipped for summer
The Bureau of Meteorology is predicting neutral conditions for the Australian summer, but has raised the possibility of a La Nina event which could bring rains to eastern Australia. ...... FULL STORY

10 Dec 2008 | Tough times for cotton and rice
Irrigation water supplies remain critical for cotton and rice, according to ABARE''s December issue of the Australian crop report, which was released yesterday. ...... FULL STORY

10 Dec 2008 | Big cotton producer in big trouble
Controversial cotton producer Cubbie Station is struggling to retain the support of its bankers as it seeks to meet a $63 million debt repayment due at the end of this month. ...... FULL STORY

10 Dec 2008 | Poor spring hurts grain growers
Average to above average late spring rainfall in key growing regions has improved the outlook for grain sorghum yields. ...... FULL STORY

10 Dec 2008 | US cotton still holding up Doha
The World Trade Organisation postponed a planned meeting of world trade ministers yesterday. The ministers were to meet to get the Doha round of talks back on track. ...... FULL STORY

9 Dec 2008 | AWB puts pool prices up
AWB today increased its 2008/09 Pool estimates for all grades, including significant increases in the estimates for its Durum and Hard Wheat pools. ...... FULL STORY

9 Dec 2008 | Irish pig meat crisis spreads
The contaminated Irish pig meat crisis has spread to up to 25 countries according to the country''s top vet. ...... FULL STORY

8 Dec 2008 | Farmers to win from ASEAN trade agreement
Dairy, beef and horticultural producers are expected to be the biggest winners from the free trade agreement with south east asian nations which is due to signed before the end of this year. ...... FULL STORY

8 Dec 2008 | Governments treat farming as sunset industry
Farming in Australia is at a crossroads because governments are favouring a conservation agenda that promotes biodiversity and carbon sequestration in forestry plantations says the Australian Farm Journal. ...... FULL STORY

5 Dec 2008 | Spring rains to bring big profits for Nufarm
Agribusiness Nufarm Ltd expects to deliver a net profit between $230 and $240 million for this financial year, up from an operating profit of $163.9 million in fiscal 2008, which was up 36 per cent on the prior year. ...... FULL STORY

5 Dec 2008 | River flows critical
Total inflows to the Murray River last month was 140 gigalitres, 18 per cent of the long-term average of 780 gigalitres. ...... FULL STORY

4 Dec 2008 | Horticulture reports kept secret
A review into the vegetable levy and a PricewaterhouseCoopers audit into Horticulture Australia''s governance procedures have both been completed but have not been released to growers *or* the public. ...... FULL STORY

4 Dec 2008 | Pipeline protests get nasty
A farmer has been charged with dangerous driving after hitting a road worker following a protest against the north-south pipeline near Glenburn in Victoria. The controversial pipeline will take water from the Goulburn River to Melbourne. ...... FULL STORY

3 Dec 2008 | Wheat crop suffers rain damage
Heavy rains across the Western Australia wheatbelt, New South Wales and Queensland have caused significant crop damage to wheat farmers and led to a downgrading of the total Australian harvest forecast. ...... FULL STORY

2 Dec 2008 | Top end cattle stations selling for top dollar
Northern Territory grazing property prices have increased 30 per cent per year every year between 1999 and 2007 according to agents. ...... FULL STORY

2 Dec 2008 | Futuris now Elders
Futuris Corp will change its name to Elders and focus on rural services, financial services and forestry as it seeks to jettison its investment company business model. ...... FULL STORY

1 Dec 2008 | National Foods guarantees prices for milk producers
Dairy Farmers is on course to achieve to meet its'' ambitious earnings targets for 2009. In the first four months of the financial year, Dairy Farmers sales have risen six per cent and earnings are up 22 per cent. ...... FULL STORY



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