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Agricultural Prices

Bitter news for wine exporters as more people choose not to drink to save money — and health

Australian wine exports have been hit by a global trend in people drinking less alcohol and cutting costs, but hope remains for the re-opening of a major market.
A hand reaches for a glass of wine. A Harry Potter book is on the coffee table

Transport costs and low prices hurting northern WA growers, but some say Coles, Woolworths aren't to blame

While the inquiry will put Coles and Woolworths in the spotlight, producers in the Gascoyne and Kimberley regions say other factors deserve close examination too.
A farmer stands in three rows of capsicum plants with netting in the background

Why is an Australian tomato more expensive than a can flown around the world?

Shoppers have seen the price of local fruit and veg skyrocket, but canned produce remains relatively cheap. One expert says there are several worrying reasons for this. 
A woman inspects a tomato with a can of tomatoes in her other hand

Fed-up Aussie farmers shun supermarket giants and sell direct to consumers

Some Australian producers turn their backs on the major supermarkets because of what they say are unfair prices at the farm gate.
Updated
A middle-aged man kneels in a field holding three freshly-picked zucchinis.

Union dispute with DP World creates container backlog at Australian ports as meat industry calls for intervention

Ports operator DP World tells a Senate Estimates hearing nearly 55,000 containers filled with consumer goods and farm exports are stuck on the docks due to union stop-work action, as stakeholders call for federal government intervention.
Updated
Two women dressed in white jackets, hair nets and protective ear muffs stand near a conveyer belt packing meat.

Supermarket review to focus on prices at checkout and farmgate

Former Labor minister Craig Emerson says the review may recommend making the supermarket code of conduct mandatory.
ABC News Current
Duration: 5 minutes 7 seconds

Pressure mounts for ACCC inquiry into alleged supermarket price gouging amid claim farmers paid 1978 prices

Grocery prices rose and major supermarkets made billion-dollar profits last year, but Bundaberg farmer Trevor Cross fears rock-bottom produce prices will force him to leave the industry he loves — and there are many others like him.
A barefoot man crouches in his field.

Rain gives SA farmers confidence boost as they head into new year

The improvement in the results is mostly due to increased livestock prices and solid grain yields across the state, Rabobank says.
Farmer's hand feels ripe yellow barley

Senate to examine claims of price gouging by Australia's major supermarket chains

Many shoppers are questioning whether supermarket prices are fair, and so next year the Senate will examine claims of price gouging by Coles and Woolworths.
Updated
ABC News Current
Duration: 6 minutes 6 seconds

Recent rain good news for farmers, but dry spring will see the value of production plummet

The dry spring caused by El Niño and Indian Ocean Dipole climate patterns is expected to result in a $16 billion fall in the value of agriculture this financial year.
Updated
A tractor drives over dirt property, with a women inside driving it.

The 'soul-destroying' situation behind Australia's shrinking dairy industry

Do you know where your milk comes from? If you're in Queensland there's half a chance it's travelled through NSW and Victoria, possibly from a dairy up to 2,000 kilometres away.
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A farmer in a blue shirt and shorts cuddles a cow around its head

Farmers breathe sigh of relief as livestock prices rebound after rain

Prices for some cattle have doubled as buyer confidence is restored following rainfall for many areas that have endured a long dry spell.
Cattle in pens at Lismore Saleyards.

Australian goat meat exports to China surge by 4,000 per cent in a year

Meat and Livestock Australia says the number of goats slaughtered in Australia has risen by almost 50 per cent since 2022 as China's appetite for the product continues to grow.
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A lot of goats in some stock yards.

Heavy rain wipes 'millions of dollars' off crop values during critical harvest

A heavy downpour across southern Australia has coincided with the peak of the busy grain harvest season, throwing farmers' plans into disarray.
Updated
Dark clouds moving across a farming landscape.

Did Australia's cattle industry have a 'chronic overreaction' to El Niño?

Cattle producers spent most of 2023 reading stories about El Niño, which seems to have affected market confidence.
Storm cell over northern Australia

'Very emotional' days as dairy farming family calls it quits after 117 years

Robbie Radel's voice breaks as he describes his dread of the week ahead — having to watch the last of his beloved milkers being trucked away from the farm his family has owned since 1906.
Updated
A man looks serious in front of cows.

$14 is what it costs in California to eat a juicy Australian mango

It takes two weeks for these Aussie mangoes to go from a farm to a US supermarket shelf. But for Manbulloo Mangoes it's been worth it.
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Scott Ledger holding a mango in a supermarket

Farmers donate lamb for struggling households as farmgate prices hit rock bottom

With retail prices soaring past $40/kg for lamb cutlets in recent years even Sam Kekovich would have a hard time feeding lamb to his family, but these farmers are donating lamb to those in need despite battling their own financial heartache.
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A male butcher holding a skinned lamb and lamb chops

How a stampede of Indian buffalo meat is hurting Australia's cattle trade

Indian buffalo meat is surging into Australian market strongholds such as Indonesia, creating enormous competition for the live cattle trade.  
A man leading a buffalo off a truck

Australia's sheep industry is in downturn, so when will chops get cheaper?

Too many sheep is bad news for farmers but the oversupply should drive down costs for customers.
close up of packest of lamb cutlets on Coles shelf

Record beef prices spur $11 million loss for Australia's largest meat cooperative

While beef producers with Australia's largest meat cooperative, the Casino Food Co-op, enjoyed record prices last year, it resulted in a massive hit to its processing business.
Updated
Two women dressed in white jackets, hair nets and protective ear muffs stand near a conveyer belt packing meat.

Workers at dairy processor Fonterra will strike from Saturday if deal not reached

Workers at dairy processor Fonterra will strike from Saturday if a deal is not reached in talks that begin today.
ABC News Current
Duration: 4 minutes 58 seconds

Steak may still be a luxury, but in WA beef producers are considering shooting cattle as drought prevails

Drought-hit pastoralists say a bottleneck is preventing their beef getting to market at a reasonable price, and must be fixed.
Updated
A man sweeping out a cattle trough with cattle in the background

As the price of milk nearly doubles, why are dairy workers walking off the job?

Surging supermarket prices tell the story of why a wide range of dairy industry workers have mounted coordinated strike action this week. So where are these dairy profits going?
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Dairy workers at a rally.

After years of growth, farmland sales hit a turning point as owners brace for dry weather, lower commodity prices

The market for Australian farmland has outperformed the ASX and residential markets for years now, but El Niño and lower commodity prices mean farmers are holding off from selling.
Updated
The sun has just risen over the horizon on a cloudy day, old machinery is in the middle of the shot, with mossy wood posts.