Price uncertainty for new-crop desi chickpeas as market grapples with implications of India’s imposition of tariffs on imports.
Port Kembla is usually a powerhouse of bulk grain exporting at this time of year, but not so in 2018, following below-average yields across much of southwest and central NSW which depleted the export surplus throughout its drawing arc.
India has shelved its plan to double its tariff on wheat to 40 per cent, a move that is likely to support Australian wheat prices.
Australia’s first farmer and private-equity partnership port will be built at Lucky Bay on Eyre Peninsula (EP) to provide a grain storage and export option to the bulk handling and loading facilities operated in South Australia by Glencore’s Viterra.
Australia shipped 1.17 million tonnes of wheat in January, down 16 per cent from 1.4Mt in December, according to export data from the Australian Bureau of Statistics.
Myanmar was Australia’s major containerised wheat market in the second half of 2017, according to export data released by the Australian Bureau of Statistics (ABS).
The Adriana Rose, the third-largest grain vessel ever to be loaded in South Australia, is taking on 74,000 tonnes of wheat and barley in total at Viterra’s Port Lincoln terminal this week.
A grain growers’ co-operative in South Australia has signed a deal to develop a logistics/export business.
The Indian Government’s introduction of a 50 per cent tariff on peas has created waves of uncertainty for major exporters, including Australia which supplies this key global pulse market.
Pulses processor AGT Foods Australia was last night named the winner of the Premier of Queensland’s 2017 Export Awards in the agribusiness category.