Australia says agriculture rebounds from drought, forecasts all-time high production value of $66 billion

Australia said on Tuesday that a forecast of an all-time high $65.9 billion in production value this fiscal year confirmed that the agriculture sector was in the midst of an exceptional rebound from drought. Figures released by Department of Agriculture, Water and the Environment (ABARES) at the virtual Outlook 2021 conference revealed the industry is […]

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Australia says farm production value holds despite bushfires, drought

The value of Australian agricultural production is forecast to remain high despite bushfires and prolonged drought, with overseas demand balancing drought-related falls in farm output and incomes, ABARES, the country’s agriculture forecaster said,. ABARES’ Chief Commodity Analyst Peter Gooday said the value of farm production in fiscal 2019-20 was expected to fall slightly to $59 […]

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Maharashtra cooperative millers seek to delay crushing to 1 December, 2019

Cooperative sugar millers in Maharashtra have urged state sugar commissioner Shekhar Gaikwad to postpone the crushing season of 2019-20 to December 1, 2019. Millers have put forth this demand before the Commissionerate owing to the damage caused by recent floods in Satara, Sangli, Kolhapur and drought situation in Marathwada, Ahmednagar and Solapur which has led […]

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Drought situation to hit sugar output hard in Maharashtra and Tamilnadu

Even as the International Sugar Organization (ISO) has raised its forecast for 2018-19 global sugar surplus to 1.83 million tonnes, up from its previous estimate of 641,000 tonnes, thanks to increased production in India and Thailand as well as a diminished outlook for sugar consumption, Maharashtra and Tamilnadu in India are reporting huge output cuts […]

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Extreme weather adversely impacts coffee output in last 4 years

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Coffee-producing South Indian states have been witnessing a series of extreme weather events in the last four years. Extreme rainfall causing heavy flood and large-scale landslides in August 2018 in coffee producing areas of Kerala and Karnataka led to a dip of around 20 per cent in the total coffee production. South Indian states like […]

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Australia says farm production value remains stable despite drought

The value of Australia’s farm production is forecast to remain relatively unchanged at $60 billion in 2018–19, well above the 10-year average of $56 billion, despite very dry conditions in some places, ABARES in the latest forecasts released in the September quarter Agricultural commodities report. “Although dry conditions are affecting agricultural production in eastern Australia, expected […]

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