Peter McMeekin this week takes readers on a global journey of crops, markets, weather and politics, including his view on how tweets moved markets amid hope of improved soybean trade from the US to China.
United States wheat producer organisations, the National Association of Wheat Growers (NAWG) and United States Wheat Associates (USW), have welcomed the Trump administration’s new trade deal struck with Canada and Mexico this week.
The Council of the European Union has agreed to open negotiations for the Australia-EU free trade agreement (FTA), opening the potential of increased agricultural exports to the EU.
Australia’s signing overnight of the Trans-Pacific Partnership will deliver benefits through improving its access to markets including Japan and Mexico, according to national grain producers’ representative body, GrainGrowers.
Australia is set to join 10 other nations in signing up to a revised version of the Trans-Pacific Partnership (TPP) trade deal which is likely to open new grain trade opportunities.
The Trump administration’s swift action in winding back environmental regulations and working to reduce taxes on the agricultural sector has gone down well with United States farmers and ranchers. But, they do have concerns about their government’s precipitant approach to international trade.
The world wheat production total, forecast at 752 million tonnes (Mt), has changed little from the 2016 output of 754Mt, according to the United States Department of Agriculture (USDA) November report.
The Australian Competition and Consumer Commission’s annual Container Stevedoring Monitoring Report says operating profits per twenty-foot equivalent unit (TEU) have risen by 25.7 per cent in 2016/17.
State parochialism is confusing potential overseas buyers and having a counter-productive effect on Australia securing trade opportunities for its agricultural products, according to Ridley chief executive officer, Tim Hart.
When a chartered Qantas B747-400 jumbo jet takes off from Toowoomba’s privately-built Brisbane West Wellcamp Airport on September 3, it will be taking a lucky group of agricultural producers, processors, exporters, financers and local government representatives on a specially-tailored trip to Hong Kong.