CRDC executive director, Bruce Finney, who steps down from the position in January, 2019, has played his part in transforming the cotton industry into one of the most switched on, dynamic sectors of Australian agriculture.
While there is widespread resistance by the cotton bollworm pest to the Bt toxins that have been bred into current cotton varieties in some regions of the world, Australia’s world-leading strategies for managing Bt cotton have prevented the spread of resistance in Australian crops.
The leased and corporate-owned Cobran Station and the family owned Tindale are on the market to offer buyers a stake in southern New South Wales irrigation country in the Hay district.
Global cotton production for 2018/19 is forecast to be 119.4 million bales (Mb), down 3.5 per cent from the previous season, but up from the February 2018 forecast of 117Mb, according to the latest USDA outlook.
Researchers have pinpointed a dominant genetic mutation that makes cotton bollworms resistant to crops genetically engineered to kill them.
Cotton planting is well underway in the eastern cropping belt where low water reserves and muted irrigation allocations will limit the potential crop to 2.2 million bales – fewer than half last season’s 4.6-million-bale crop.
Alternative weed control options and the lure of greater profits are pushing cotton into different areas through central New South Wales.
In what is the biggest monthly gain since December 2010, strong wheat and cattle prices drove a 6.5 per cent rise in the National Australia Bank (NAB) September Rural Commodities Index.
Conditions may be dry, but the cotton industry remains optimistic ahead of the 2018-19 season, with current prices around $600 per bale.
Weilin Trade is adding a new dimension to Australia’s cotton industry by exporting cotton round bales, seed and all, in containers from its facility at the Western Riverina Intermodal Freight Terminal at Wumgulbal near Griffith in southern NSW.