Date: 1st September 2015.
Source: National Farmers’ Federation, 27th August 2015.
NFF President Brent Finlay has stated that ChAFTA, if ratified, would deliver more jobs and opportunities right through the agricultural supply chain, including for farmers and the communities they support. Additionally, Mr Finlay outlined the enormous contribution provided to Australia by farmers and the subsequent need to ensure they are supported on big issues that impact rural communities.
By China.com, 01 September 2015
As a guest of honor, Australian delegation would attend the China Fruits & vegetables trade fair (FVF), with numerous great suppliers included. At this time, not only will they bring their high-quality products, such as fresh fruits, nuts, wines and vegetables, but also their advanced growth and storage technologies
Macro half, micro half (English)
Source: Commonwealth Bank, 1st September 2015.
Agri-commodity prices were pushed down earlier by macro headwinds but largely recovered the losses by day’s end, as they focused on their own fundamentals. The Australian dollar weakened overnight spending time below 71c US, but trades a little above the level to start Tuesday.
Chinas growing dairy industries (English)
Source: Smart Agriculture Analytics (SAA), June 16 2015.
Due to safety concerns in recent times, Chinese demand for imported dairy products has been at record highs. However, 2015 has seen a marked increase of private investment flowing into large scale dairy farming operations in China, including increased technology and a focus on diverse high-end products. Consequently, Chinas dairy market is booming with SAA predicting China to overtake the US as the world’s largest dairy market within two years, with sales set to reach $70bn USD annually, by 2019.
Source: ABC Rural, 1st September 2015.
Investment analyst Saul Eslake has called for further investment in Australian Agriculture, in order to ensure maximum benefit from recent Free Trade Agreements. Mr Alaske stated that additional funds, as well as innovative investment models, were essential in ensuring the potential of FTA’s were reached, without placing farmers in positions of extreme vulnerability with a sole reliance on debt.
This brief summarises a range of publicly available news articles in both Chinese and English and AustCham takes no responsibility for the accuracy of the information in these articles. In addition, the views and opinions reflected in these articles are not necessarily representative of AustCham’ stance.
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