News
The In a Good Place (IAGP) program is offering grants up to $20,000 for community-driven projects that improve mental health and wellbeing in remote, rural, and farming areas.
Livestock owners are urged to monitor water sources for blue-green algae, particularly during warmer months, as these blooms can produce harmful toxins that pose serious risks to animals. Early detection and immediate action, including providing alternative water sources, can help prevent poisoning. Developing a management plan for water safety is essential to safeguarding livestock health.
The Australian dollar has recently hit a 22-year low this week, trading at US61.8c, with a dip as low as US61.3c. This marks the weakest point for the Aussie dollar since April 2003, apart from a brief COVID-19 drop. While this decline may seem concerning, it’s providing a major boost for Australian red meat exporters in global markets.
The Australian beef industry is poised for a rare “goldilocks year” in 2025, where profit margins are expected to be more evenly distributed across the supply chain. Producers, lot feeders, and processors/exporters all stand to benefit from favorable conditions driven by market stability, improved processing capacity, strong export demand, and seasonal factors.
As 2024 draws to a close, we celebrate a year of resilience and growth in the agricultural sector, with strong livestock sales, a robust recovery in the export market, and significant growth in rural property values. Looking ahead, the outlook remains positive, with expectations of sustained growth driven by strong rainfall, interest rate cuts, and continued momentum in both the property and livestock markets.
The Gunnedah Saleyards, one of New South Wales' premier livestock selling centres, has reached a significant milestone in its redevelopment with the installation of a new roof. This upgrade will enhance safety, efficiency, and weather protection for livestock, workers, and buyers, securing the facility’s future as a vital hub for the region’s agricultural industry.
The Albanese Labor Government has released a comprehensive Drought Plan to guide the support of farmers throughout the drought cycle, from preparation to recovery. The plan includes a range of measures such as climate information, concessional loans, and income support, ensuring farming businesses can make informed decisions as conditions change.
Rising interest rates in Australia are putting pressure on farmers, increasing borrowing costs and complicating financial decisions. While some farmers are in strong financial positions, others face significant challenges.
The NFF welcomed the Senate’s rejection of a superannuation tax that would impact farmers and small businesses. The Nationals oppose the tax and vow to scrap it if elected.
Cattle industry leaders are calling for tougher penalties for biosecurity breaches, saying current fines are too low to protect the $86 billion sector. With illegal incursions still a threat, leaders urge stronger deterrents and more resources to safeguard Australia’s cattle industry.
Queensland’s bushfire crisis highlights the growing risk for New South Wales, where experts warn of a dangerous fire season ahead. With over 1,600 fires already reported in NSW, local communities must prepare now for a hotter, more intense summer.
Indonesia has rapidly emerged as a major market for Australian beef, with significant growth in both boxed beef exports and live cattle trade. Over the past 18 months, Australian boxed beef exports to Indonesia have reached record highs, driven by factors such as increased import permits, delays in cheaper Indian buffalo meat imports, and the expansion of cold storage capacity in Indonesia.