Australia's farmers bounce back thanks to rain, high prices and bad times overseas

© Provided by ABC NEWS Fields of gold: Australian grain growers are expected to harvest one of their most valuable crops.  (ABC Mid West WA: Chris Lewis)

In case you hadn’t heard, Australian farmers are on track for an absolute blinder.

After years of drought, a seemingly relentless mouse plague, a bitter trade war with China and the global pandemic, the farm sector is one part of the economy set for record returns.

This year, the value of all that is grown on Australian farms is expected to reach $73 billion. 

Not bad for an industry worth less than $60 billion just four years ago.

So what’s the secret to the success?

Basically, Australia received a lot of rain while a lot of the world didn’t.

A good season across most of Australia means that farmers here are now dusting off their tractors in preparation for what is expected to be one of the largest harvests on record.

Farmers in the drought-ravaged US, Russia and Canada have been less fortunate and poor yields from their crops mean global grain prices are soaring.

So, Aussie farmers are on the receiving end of that double whammy: great weather and high, if not record, prices.

Now, remember grains are about more than just bread and beer — they form a major component in the diet of livestock.

So meat and dairy products are closely linked to the price and availability of grain.

Fortunately, the good seasons of 2021 mean Australian farmers have plenty of grain and grass to help build up sheep and cattle numbers that were decimated during the drought.

Because there are so few sheep and cattle in Australia that means those who are selling livestock are being paid red hot prices.

What about China’s trade sanctions and the pandemic?

China still refuses to deal with a handful of Australian meatworks, while the tariffs it introduced on barley and wine mean farmers and winemakers are missing out on some pretty big deals.

The good news is other countries are filling the void and buying up. The bad news is they tend to pay a little bit less than what China did.

That’s not the whole story though. China remains a massive market for Australian dairy, wool, meat and other produce.

As for the pandemic, it has been swings and roundabouts for farmers.

Fewer people dining out and more people shopping online for groceries has changed the demand for some produce — who knew fewer people would buy berries when relying on click and collect?

But perhaps the biggest COVID constraint has been access to freight and workers.

Closed borders mean Australian farmers can’t get enough people to harvest their crops or shipping containers and cargo flights to take their produce to the world.

Australian farmers are having to work around major logistical challenges, but for the most part the business of growing food remains largely unaffected by COVID-19. After all, many farmers were working from home long before it was cool.

Does this mean I’ll pay record prices at the supermarket?

The government’s economists reckon the worker shortage could see the cost of fresh fruit and veg in Australia rise by about 5 per cent — and they’re expecting much the same as last year.

When it comes to meat it might be better news; there are hopes more sheep and cattle being bred could take the sting out of prices for red meat.

It is also worth noting that almost three-quarters of what is grown in Australia is sold overseas, so farm gate prices often have more to do with what’s happening on the global market, rather than at your local checkout.

Are all farmers set to cash in?

Farmers of cattle, sheep, fruit, nuts, veggies, dairy, wool, cotton and grains are on the receiving end of some historically high prices.

Some farmers are still dealing with drought and the high sale-yard prices make it difficult to buy sheep and cattle — even if there is a luscious paddock full of grass to feed them.

Then there’s the mouse plague which could mean grain — particularly from NSW and Queensland — is downgraded and sold for less than if the mice had not had their way with it.

But for the most part, things are looking good — really good.

Farmers still have a few months to go until this year’s grain harvest is in the silo.

We’ll know more about who gets a share in the good times and if that $73 billion industry-wide forecast is realised then.

How long will the good farm times last?

No one really knows.

For now, farmers are enjoying the rare combination of great weather across a vast area of Australia and strong global demand and prices for all that is grown here.

West Australian grain grower Peter Barneston reflected on the unexpected good fortune of the nation’s farmers.

“It’s just one of those once-in-a-lifetime seasons,” he said.

“Hopefully not once in a lifetime, hopefully, you’ll see a couple more, but so far it’s a once-in-a-lifetime season.”

Internet Explorer Channel Network
News Related

OTHER NEWS

Man accused of threat and assault in Mankato skyway

Oct. 26—MANKATO — A homeless man allegedly choked and threatened another man during a confrontation over a stolen tent and sleeping bag in Mankato. Travis Wayne Meyer, 40, was charged ... Read more »

Five plays about enslavement by Black British women playwrights

Karl Collins and Rochelle Rose in Rockets and Blue Lights at the National Theatre. Brinkhoff Moegenburg “There’s a sidestep that Europe does where it takes itself out of the triangle ... Read more »

Rugby-Leaner Hogg ready to fire Scotland to new heights

(Reuters) – Scotland captain Stuart Hogg plans on having fewer post-match beers and has lost five kilograms in a bid to improve his physical and mental health after feeling “drained” ... Read more »

Kerala governor favours new dam in Mullaperiyar

© Provided by Hindustan Times Kerala governor Arif Mohammad Khan said the 125-year-old Mullaperiyar Dam should be decommissioned and a new one built. His remarks came amid a continuing dispute ... Read more »

Max Verstappen to Mercedes joke cracked by Silver Arrows at US GP

Many F1 fans may have done a double take when they spotted on social media that the official account for Mercedes had “confirmed” Max Verstappen‘s move to the team. But ... Read more »

Chiranjeevi lends voice for Krishna Vamsi's Rangamarthanda; Director expresses gratitude for his generosity

© Provided by Pinkvilla Telugu director Krishna Vamsi, who wrapped up shooting for his upcoming directorial ‘Rangamarthanda’, has given a ‘mega’ update. As he starts dubbing for ‘Rangamarthanda’, he has ... Read more »

Janhvi Kapoor wants to be where the light is and we can't disagree after looking at her serene PICS

© Provided by Pinkvilla Actress Janhvi Kapoor has been in the headlines lately owing to her trip to the hills for a film shoot. The Roohi star has been making ... Read more »

As tensions with China continue, beefed-up Mountain Strike Corps reaches Arunachal for exercise

© Provided by The Print Tawang (Arunachal Pradesh): Amid continued tensions at the Line of Actual Control (LAC), including in the eastern sector, the 17 Mountain Strike Corps (MSC) — ... Read more »

South Africa vs West Indies Live Score, ICC T20 Cricket World Cup 2021: SA Fightback After Evin Lewis Fifty

© Provided by News18 South Africa vs West Indies Live Score, ICC T20 Cricket World Cup 2021: SA Fightback After Evin Lewis Fifty South Africa vs West Indies Live Score, ... Read more »

When Ajay Devgn found Kajol to be very 'loud and arrogant', was not keen on meeting her again

© Provided by Zee News NEW DELHI: Ajay Devgn and Kajol are one of the power couples of the industry. The duo, who have been married for over 25 years ... Read more »

Do animals in film and TV know that they're acting?

© Provided by The Guardian Photograph: Javier Brosch/Alamy I was watching a film recently with my partner and he said of a dog lying placidly on a couch: “That’s some ... Read more »

Sue Bird Has Feelings About Being Labeled The Oldest Player In The WNBA

If you Google WNBA star Sue Bird, one of the first things you’ll discover is that, at the age of 41, she’s the oldest player in the league. It’s an ... Read more »

Salman Khan says he keeps criticism of Aayush Sharma's work to himself: 'He will go and tell Arpita...'

© Provided by Hindustan Times Salman Khan and Aayush Sharma at the Antim trailer launch. (ANI) Actor Salman Khan and his brother-in-law, actor Aayush Sharma, launched the trailer of his ... Read more »

China's Xi calls for new progress in military equipment, weapons

© Reuters/THOMAS PETER People look at a screen showing Chinese President Xi Jinping reviewing a military parade at the Museum of the Communist Party of China that was opened ahead ... Read more »

GE lifts 2021 earnings forecast

CHICAGO (Reuters) -General Electric Co announced an upward revision to its full-year earnings forecast on Tuesday after reporting higher than expected third-quarter profit. © Reuters/Stephane Mahe FILE PHOTO: The General ... Read more »

The patron saint of Newcastle: An ode to the artistry of Saint-Maximin

In a football world obsessed with stats and rigid structures, Allan Saint-Maximin is one of the game’s truest, freest entertainers. © PA Images Allan-Saint-Maximin-Newcastle-United Impossible not to like, the 24-year-old ... Read more »

Samsung's Lee fined over illegally using propofol

SEOUL, South Korea (AP) — Samsung’s de facto chief Lee Jae-yong was fined 70 million won (about $60,000) on Tuesday for illegally using the anesthetic drug propofol, about two months ... Read more »

Squid Game creator says he's not ‘that rich' after Netflix show's success

© Netflix Still from hit Netflix show ‘Squid Game’ – Netflix Hwang Dong-hyuk, the creator of Netflix’s Squid Game, has said the show’s astronomical success has not translated into personal ... Read more »

Londoner's Diary: Hannah Rothschild: I get horribly vilified on social media

© Dave Benett Harper’s Bazaar Women Of The Year Awards 2016 – Arrivals HANNAH ROTHSCHILD says she has never felt like an aristocrat because of the anti-Semitism she and her ... Read more »

Virals: Liverpool reportedly 'monitoring' Fulham starlet Fabio Carvalho

© Jacques Feeney/Getty Images Sport Millwall v Fulham – Sky Bet Championship Liverpool are reportedly ‘monitoring’ the situation surrounding Fulham starlet Fabio Carvalho.  The 19-year-old has been at the centre of ... Read more »

We can't wait for Congress indefinitely to unite Opposition against BJP: TMC

© Provided by Zee News New Delhi: The Trinamool Congress (TMC) on Tuesday (October 26) said that it cannot wait for the Congress party indefinitely to unite the Opposition against ... Read more »

Bund empfiehlt Booster-Impfung nur für Personen ab 65 Jahren

© KEYSTONE/URS FLUEELER Nach der Zulassung der Booster-Impfungen gegen Covid-19 durch das Heilmittelinstitut Swissmedic empfiehlt der Bund solche Auffrischimpfungen nur Personen über 65 Jahren. Für die breite Bevölkerung sei eine ... Read more »

Swissmedic lässt Auffrischungsimpfungen gegen Covid-19 zu

© KEYSTONE/PETER SCHNEIDER Nun ist der Weg für Booster-Impfungen gegen Covid-19 auch in der Schweiz frei: Die Heilmittelbehörde Swissmedic hat am Dienstag grünes Licht gegeben für Auffrischimpfungen. Zugelassen wurden Drittimpfungen ... Read more »

Tuesday Trivia: Shah Rukh Khan's nickname in school was Mail Gaddi for THIS reason

© Provided by Pinkvilla Bollywood superstar Shah Rukh Khan is going through a tough time after his son Aryan Khan was arrested on October 3. His bail plea will be ... Read more »

Contact made: PIF must seal dream Newcastle deal for £45m-rated "phenomenon" - opinion

© Provided by Football FanCast dembele An update has emerged regarding a possible move to Newcastle for Barcelona winger Ousmane Dembele. What’s the talk? According to Spanish outlet Sport, the ... Read more »

Londoner's Diary: Row over failed bid to rescue LGBT Afghans

© Dave Benett Daniel Lismore CAMPAIGNERS have accused MPs and the Government of failing LGBT Afghans after a scheme to evacuate them in August brought just “six or seven” to ... Read more »

Cricket-Elbow issue no concern as Smith welcomes Stokes' Ashes inclusion

(Reuters) – Steve Smith shrugged off concerns a lingering elbow injury will limit his effectiveness in the Ashes series against England and said he is relishing the return of Ben ... Read more »

Guardians Of The Galaxy breaks the movie-game curse

As gamers get ready for big releases in time for Christmas, Sky News takes a look at Marvel's new Guardians Of The Galaxy - a slick adventure following last year's Avengers game, which received mixed reviews. Read more »

Universal Credit claimants 'going hungry' after cut to DWP payment uplift

Those receiving benefit payments from the Department for Work and Pensions (DWP) are having to go hungry due to having to choose between paying for food or bills. Poverty charity ... Read more »

Guardiola in double battle with former club for two exciting Man City targets

Manchester City are ready to rival Pep Guardiola’s former club Bayern Munich for two transfer targets, according to reports. © PA Images Man City manager Pep Guardiola venting his anger ... Read more »

Ally McCoist mourns Walter Smith: ‘My second father and one of my best friends'

© PA Archive Ally McCoist (right) has spoken of his devastation at Walter Smith’s death (Lynne Cameron/PA) – PA Archive Ally McCoist hailed Walter Smith as a “second father” while ... Read more »

Boohoo Black Friday Deals 2021: What to expect this November

Boohoo's Black Friday sale will likely be brimming with beautiful bargains – would you expect anything less of the retailer? If you want to revamp your winter wardrobe, need loungewear ... Read more »

Man warns plane passengers to ‘beware of chatty travellers' after shocking flight experience

A MAN has issued a stark warning to would-be plane passengers after a shocking flight that nearly saw him caught up in a drug smuggling bust. The Nigerian, who goes ... Read more »

Queen, 95, carries out first official engagement with virtual audience a week after hospital stay

THE Queen today carried out her first official engagement since being ordered to rest by doctors following a health scare. Her Majesty, 95, hosted several virtual audiences at Windsor Castle ... Read more »

Spray tan expert reveals why you should NEVER rock up to your appointment wearing deodorant

IF THERE'S one thing you need to remember before having a spray tan, it's not to apply deodorant before your appointment. Doing so is considered a sin by spray tan ... Read more »

High Court dismisses Jacob Zuma's bid to remove prosecutor from corruption case

© Provided by CapeTalk Jacob Zuma left the court in a sombre mood, after his bid to remove prosecutor Billy Downer was dismissed The Jacob Zuma Foundation says it is ... Read more »

Debunking voter registration campaigns in Africa: Lessons for Nigeria, Kenya and Zimbabwe

The view that the outcome of an election is often decided way before the actual act of voting on polling day is unassailable, but without proper voter education, voter registration ... Read more »

Princess Nina of Greece got married in a Chanel wedding dress and her mother-in-law Queen Anne-Marie's tiara

© Provided by INSIDER Princess Nina of Greece at her royal wedding. Milos Bicanski/Getty Images Greece’s Princess Nina borrowed Queen Anne-Marie’s tiara for her royal wedding. Nina married the Queen’s ... Read more »

Ikea buys landmark Topshop building in London

Ikea is buying the former flagship central London store of Topshop for £378m following the collapse of Sir Philip Green’s retail empire. © Getty Images The Swedish giant will turn ... Read more »

Power taking precedence: communities need recognition and devoted service, not rhetoric and broken promises

Many impoverished communities have been condemned to the political wasteland of service non-delivery, while deployment and tenders to politically connected companies remain the order of the day in many municipalities. ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic