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NEWS
UPDATED 31 AUGUST 2005
INDEXMAR 05APR 05MAY 05JUN 05JUL 05AUG 05LATEST

31 Mar 2005 | AWB lifts price estimates for prime wheat
AWB said the outlook for 2005/06 wheat prices improved, with a lift in pool price estimates for the second time this month. ...... FULL STORY

30 Mar 2005 | Farmers getting richer, despite the drought
Farmers usually say that things are always crook in the bush, but these days they would be kidding. ...... FULL STORY

30 Mar 2005 | SA farmers back conservation levy to aid the Murray
South Australian farmers backed calls by Environment Victoria for a levy on goods produced in the River Murray basin. ...... FULL STORY

30 Mar 2005 | Grain and poultry farmers on Suncorp priority list
Suncorp said it wanted to lend more to farmers operating in the poultry sector, most of whom raised chickens in Victoria rather than the bank’s home base in Queensland. ...... FULL STORY

21 Mar 2005 | Dairy Farmers milks eight champion brands
Dairy Farmers will increase its marketing budget by at least 20 per cent over the next 18 months as part of a strategy to boost margins and drive sales of its eight "champion brands". ...... FULL STORY

18 Mar 2005 | Profits dive at Dairy Farmers co-op
Farmer members of the Dairy Farmers Co-op approved plans to split the cooperative into separate milk supply and processing co-ops, as the first step in a two-year plan to incorporate and pursue public listing. ...... FULL STORY

15 Mar 2005 | Livestock profits on the rise, but wheat profits set to fall
Beef producers with more than 300 cattle can expect their cash incomes will average $106,000 in 2005, according to government think tank ABARE. ...... FULL STORY

15 Mar 2005 | Farms still a key driver of economic activity
Farms and the industries and businesses which rely on them account for 12 per cent of Australia's annual economic output, research by the Australian Farm Institute found. ...... FULL STORY

14 Mar 2005 | Interest rate subsidies tide farmers through drought
A new study by the Australian Bureau of Agriculture and Resource Economics shows that that the average farm in receipt of interest rate subsidies from the federal government incurred a loss of $84,000 in 2002... ...... FULL STORY

11 Mar 2005 | Most profitable farmers buy out their neighbours
Average land values for broadacre wheat, sheep and beef farms increased by over 50 per cent in real terms over the last four years, as larger and more profitable farmers bought up smaller and less profitable neighbours. ...... FULL STORY

11 Mar 2005 | AACo chases more cattle stations
Beef producer Australian Agricultural Company said it would raise $67 million in new shares, but did not state the reason. ...... FULL STORY

10 Mar 2005 | Best farmers earn 14 per cent return
The farming sector’s top performers have been earning returns on their investment way ahead of either the money or share markets, thanks to a doubling in farm land prices during the past four years. ...... FULL STORY

9 Mar 2005 | Outlook not so strong for grain prices
Australian grain farmers are likely to enjoy higher prices in 2005/06, but in the medium term, prices are projected to fall in real terms, the Australian Bureau of Agricultural and Resource Economics has forecast. ...... FULL STORY

8 Mar 2005 | Tractor sales recovered in 2004
The Tractor Machinery Association said farmers spent more than $1.4 billion on tractors, combine harvesters and balers in 2004, with the biggest rise in turnover recorded in Queensland (up 40 per cent on 2003) and New South Wales (up 35 per cent). ...... FULL STORY

7 Mar 2005 | Western wheat belt the pick of the crop
The Australian Bureau of Agriculture and Resource Economics estimates that the top eight per cent of broadacre farmers earn an average of $289,000 a year. ...... FULL STORY

7 Mar 2005 | Banks rediscover the profit from lending to the bush
Banks are turning back to the farm as a source of new business. In the year to June 2004, lending to agribusiness by banks increased by 22 per cent to $38 billion. ...... FULL STORY

4 Mar 2005 | Farm gate milk prices flat in 2006
Dairy farmers can expect farm gate milk prices to remain flat, around an average 30.6 cents per litre in 2005/06, the Australian Bureau of Agricultural and Resource Economics said in its latest industry outlook. ...... FULL STORY

3 Mar 2005 | Surging input prices drives up machinery prices
Farmers can expect to pay more for farm equipment, due to the surging price of steel. ...... FULL STORY

3 Mar 2005 | Fonterra lifts bid for National Foods
New Zealand dairy giant Fonterra said it would raise its offer for Australian dairy processor. ...... FULL STORY

2 Mar 2005 | Farm incomes to fall over the next year
The Australian Bureau of Agricultural and Resource Economics predicts average farm incomes in the broadacre industries would fall to $61,500 next financial year, falling from $67,040 in 2004/05. ...... FULL STORY

1 Mar 2005 | AWB lifts pool price
AWB lifted its estimate of returns from sales of its benchmark wheat type for the crop year ending in March 2005. ...... FULL STORY



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