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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.
SCRIPT has been enhanced to enable South East Asian banks better manage the negative environmental and social impacts of beef, soy, palm oil and seafood production.
The outlook for Brazil’s sugar and ethanol sector remains bleak, Fitch says, with more defaults and bankruptcy filings expected.
The latest ag economic survey from Purdue University and CME Group shows that producer optimism continues to climb further into record territory despite mixed views on commodities prices and limited confidence in farm financials.
The private equity firm plans to continue Camil Alimentos' acquisition growth trajectory in Latin America.
The new additions bring on-the-ground PE experience in Africa and knowledge of large-scale deal execution.
Organics make up less than 1% of US corn and soy acreage despite higher returns.
Low prices, hefty reserves and promising US harvests will drive profits for large agribusinesses this year and next, Fitch Ratings says.