Commodities

ABARES has forecast a total agricultural gross production value of A$78bn as record-breaking yields, good crop quality and high commodity prices combine for a rare occasion.

The Dutch bank says a cocktail of negative factors including adverse weather, high shipping costs and limited labor availability will continue to support high prices.

The world-first Reef Credit Scheme is monetizing improvements to water quality in the Great Barrier Reef, with KKR-backed GreenCollar playing a big role.

From tight soybean supplies in 2021-22 to the impact of the Suez Canal blockage, lead analyst Libin Zhou outlines the key market trends.

Riparian Capital Partners managing partner Michael Blakeney said there is ‘no shortage of opportunities’ for investors but some processes may take a longer to execute due to current restrictions.

Interest from institutional investors and private equity remains strong in Australian agriculture despite difficult conditions because of a belief in the asset class’ ‘long-term thesis’.

The California start-up’s product launch will be led by its fall armyworm pheromone, which has spread from the Americas to Asia and Africa.

ABARES forecasts that sharp falls in livestock production and summer crops will lead to farm production volume dropping by 15% next year, hitting lows not seen in more than a decade.

Rural Bank warns that the outlook for 2019-20 is ‘mixed’ and impressive growth in cattle exports this year was largely driven by an increase in production due to drought-induced destocking.

A lack of available land has kept prices high during the drought in Austraila’s eastern states, but that may change as some investors lose patience and look to cash out.