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Agribusiness

Once again the board of directors put the returns to shareholders above all else. Profit at all costs ,well ask them to chose better a steak and a bag of money to eat and see what you answer is then .If all of our farmers are having a hard time due to climate change issues then shouldn't we then stop pouring millions of tonnes of co2 into the atmosphere through our coal exports . Dammed if we do dammed if we don't ,but eating is sort of important to humans.
20/04/14 09:11 PM
There will have to be a complete disaster before our urban elite decision makers will consider any legislative framework for our export industries.
We had it 'nailed' in grains but we have been progressively deregulated for over twenty years.
The 'Kiwis' are causing us acute embarrassment as they 'blow us' away in Dairy with their co op Fonterra and supporting legislation.
18/04/14 10:07 AM
now that the the processors want milk they simplify the payment system. before you needed a law degree to just work out if were not getting a bill at the end of the month. my how things change when the processors want volume.
17/04/14 12:58 AM
We have been struggling with our farm debt. Despite this, we have always repaid our bank loan. It appears that our tripping point is our low equity. We began farming at the start of the great drought, 10 yrs ago. The bank, back at the beginning, assessed us as a viable business. We have just been told by our banker that if we continue to pay the interest only to our farm loan, we cannot be foreclosed. Is that right? If this is really the case, we would have had money for holidays, and a healthier lifestyle over the past 10 yrs.
I could have gone to dreamworld with my daughter when needed.
15/04/14 11:11 PM
Your snookered Tony, the obvious answer is sell the farm, no political party in their right mind would allow workers in. Now your negotiating with big guys, but dont worry soon we will be on their wage conditions in our country and they won't need to import theirs.
14/04/14 10:58 PM

Cropping

Wow ! What an opportunity for "common man " to breed / cross breed better varieties. If this breeding was Govt. funded it would provide for improved grains owned by us all and no money going o'seas !
20/04/14 10:38 PM
Get out the broken record Jock. And where in the world is quality actually increasing? You have had 3 currency crises this year in significant wheat exporting countries Argentina, Ukraine and Russia. Massive debt problems in the US and Europe leading to cuts in breeding resources. China and India well they ust eat what they produce and any surplus goes to the rats. This is a mute argument. All you need to watch is the basis and that is telling everyone that Australian wheat is in demand out of Asia and with the Russian/Ukraine crisis pretty soon the Middle East will be back here buying
16/04/14 10:47 PM
You get the feeling that a whole lot of foreign investors in that part of the world, the great FSU, saviour to satisfy insatiable growing grain demand, are about to get their fingers burnt. Farmers are struggling to get credit to finish this crop off and some would probably be wondering whether it is all worth it if the Ruskies confiscate it anyway.
Australia will be the big winner out of this kind of instability. There is none so safe a place for doing business as here. The biggest risk is having a bar fight with one of the few xenophobes commonly posting on this forum.
16/04/14 06:32 AM
What!! CO2 is not really a fertiliser after all!! Gee, Golly Gosh, who would have thought that that the scientists were right after all??
12/04/14 09:16 PM
Compeition solves a whole manner of market inefficiencies and in this case the winner will be NSW growers in this catchment. Not only will costs be lowered,that also flows through to benefit land prices in those catchments.
11/04/14 05:27 AM

General

I hope by Tuesday the train will go thru to Cairns with my car.
Selfish i know but it is work not holiday journey.
15/04/14 07:32 AM
CSIRO just needs to slim down its bloated head office (communications staff, performance managers, organisational specialists) to pre-2000 levels, and the saving is already achieved.
13/04/14 11:56 PM
Looks and smells like a mini version of the UN to me.Get the hell out of there CCA!
14/04/14 09:16 PM
Value adding and being a price maker rather than a price taker defines many of the BAM members who are successfully growing their businesses. These businesses also are flexible in the quantities that they require to be ordered, are able to customise, solve problems for the customer, deliver quick turnarounds, give guarantees and keep in contact with the customer. Businesses competing on price are in a spiral of cutting costs, reducing margins, it is just a race to the bottom and is not sustainable.
Yes, Jan. Agree completely. But surely Australia's consumers will benefit, won't they? Cheaper Japanese whitegoods and such? Well, no. Because of our myopic commitment to free-trade-at-any-cost over the last thirty years or so, our tariffs on such manufactured goods are already at a tiny 5%. Which means that reduced Australian tariffs on imported goods from Japan will have bugger all effect on prices. Seems like a pretty poor deal all round.
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11/04/14 11:07 PM

Horticulture

I don't think it's accurate to claim that AUSVEG is "Sheltered". In the last 12 months AUSVEG has held 2 annual levy payer meetings. 11 regional levy payer meetings, 6 Enviroveg seminars, 9 potato extension program seminars, attended and promoted 5 veggycation seminars and run a field day to promote the 1800 agronomist program. This is in addition to meetings with Plant Health Australia, Horticulture Australia, the Dept of Agriculture and being involved in working groups for issues such as spray drift or biosecurity.
It is O- week, uni challenge maybe??
24/02/14 06:33 AM

Livestock

Does anyone know what land purchase agreements the kiwis did with china on their fta? Maybe we can learn something
21/04/14 02:01 AM
It's interesting to note the welfare is a secondary ESCAS priority. Shame on all of you.
Saudi Arabia claims that ESCAS is an intrusion on its sovereignty, that is somewhat of the pot calling the kettle black. Saudi Arabia could easily increase the level of chilled and frozen meat exported to the Kingdom from Australia by relaxing import protocols for Australian exporters. Saudi Arabia has a separate listing to most other Arab nations and require processing facilities adhere to their own set of strict guidelines, yet the neighbouring countries are more than satisfied with the regular Australian standards.
13/04/14 11:08 PM
There maybe transparency in the live cattle trade to SE Asia where receipient countries are endeavouring to implement humane slaughter practices but the same cannot be said for the middle east.
Saudi authorities insist they are a sovereign nation and will continue the present barbaric practices and Barnaby failed to insist this will not be tolerated either by producers or the general public. Either they change their inhumane ethical standards or have oil for dinner.
12/04/14 01:19 AM
  OZ Beef to China 1 Comments 1
As often happens in this sort of commentary, the figures used for "cattle" stock numbers, slaughter and "beef" production in China include all bovines (beef cattle, dairy cattle, buffaloes, yaks, draught animals). This is not knit-picking. China has about 104 mil bovines, but only 66 mil beef cattle, and the numbers have been dropping for a few years now (but this beef cattle herd is becoming productive).
27/03/14 11:23 PM

Machinery

Is the AgEagle any good for mustering large paddocks.
14/03/14 12:18 AM

Property

Maybe we are better off to zag than zig on foreign investment,me wonders if the Indos may be a better place to go than china who will break us if we become too dependent on them? They already buy a lot off us I think?, plus the wealth effect will spread thru to the rest of Asia perhaps
15/04/14 03:18 AM
Anyone want to go shares
12/04/14 11:56 PM
In Australia we may be getting price and value mixed up again. The biggest contributor to higer prices was easy access to credit, this has almost no correlation with the productive capacity/profitability of an asset class. You don't make a country great by buying and selling farms to each other at massive gains, it becomes great because what you produce is best in class and conditions are equitable for all.
07/04/14 03:25 AM
Some interesting figures here, and not surprised that McBank won't comment. Income of $75m and fees to McBank of $9.4m is a pretty good return for them, maybe not for investors. Even without any operating costs, assuming a $670m investment investors are getting an 8.6% cash yield with falling asset values (if they could actually realise the assets). Would be an interesting article to compare performance against top quartile family farms to see whether Pitt St can do it better - me thinks not. Some open disclosure would be great Macquarie, but highly unlikely unfortunately
07/04/14 01:41 AM
I demand that the current Federal Government buy these properties and give them back to their rightful owners!
30/03/14 09:55 PM

Rural Lifestyle

Nice promo for the feedlot, but the unprecedented severity of the drought and disappearance of the snow pack is the real story for the tens of millions of people dependent upon it.
13/04/14 07:21 AM
Megan,
loved your story. Kel is a great mate of mine, and is a true outback character - full of stories and very droll.
I worked very closely with him for 15 years in Top End BTEC. which I have written about in memoir (p177 on). You may be interested in crocodile story from this. Link is https://www.smashwords.com/books/ view/244758
This is an amazing national event run by a non-profit organisation...please support it!
11/03/14 05:40 AM

COMMENTS

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Well said David. The industry should give WWF a wide berth, they cannot be trusted.
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bring on an Agricultural Bank controlled by government with realistic interest rates. Totally
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Corporate greed plain and simple
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