A01 Agriculture

Insatiable US demand to buoy Australian beef

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Original article by Cecile Lefort
The Australian Financial Review – Page: 23 : 19-Nov-25

Australia exported a record $1.6bn worth of beef to the US in the September quarter. Analysts expect US demand for Australian beef to remain strong, despite the Trump administration’s move to reduce the tariff on beef from rival exporters such as Brazil. Angus Gidley-Baird from Rabobank says this will reduce Australia’s competitive advantage, given that the nation was already subject to a lower tariff on beef exports; however, he notes that the tariff on Brazilian beef will still be higher.

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RABOBANK AUSTRALIA LIMITED

UK farmers have high-end beef with Australia

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Original article by Madeleine Speed, Nic Fildes
The Australian Financial Review – Page: 13 : 26-Aug-25

The federal Department of Agriculture, Fisheries and Forestry has reported that 6,503 tonnes of beef was exported to the UK in the first five months of 2025, which is more than for the whole of 2024. The rise in Australian beef exports to the UK follows the implementation of the free trade agreement between the two countries in 2023, with the increase sparking concern among UK beef farmers that they are being undercut by Australian meat. There are claims Australian beef is produced at a lower standard than British beef, while UK retailers are being accused of going back on a promise to source exclusively British prime cuts

CORPORATES
AUSTRALIA. DEPT OF AGRICULTURE, FISHERIES AND FORESTRY

Farmers turn towards Indian trade as an antidote to China

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Original article by Charlie Peel
The Australian – Page: 5 : 15-Oct-24

It has been revealed that Australian agricultural exports to India have risen from $1.08 billion to $1.77 billion since the Australia-India Economic Co-operation and Trade Agreement came into effect in 2023. The 50 per cent increase has encouraged Australian farmers to look at India as a long-term alternative market to China, with exporters mindful of the punishing trade restrictions that China imposed on commodities such as lobsters and beef in 2020, while products like chickpeas and lentils, oils and fruits are seen as the best opportunity for Australian farmers when it comes to exporting to India

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Economic conditions (including inflation and prices) are the biggest challenge facing Australian farmers

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Original article by Roy Morgan
Market Research Update – Page: Online : 10-Jul-24

A special Roy Morgan survey of Australian farmers shows that 57% say the biggest challenge they are facing is economic conditions (including inflation/prices); this is up 8% points from a year ago and 22% points higher than in 2022. In a clear second place is Government policy, mentioned by 23% of farmers (up 11% points from 2023 and up by 17% points from 2022). Staffing issues, including finding sufficient labour for their farms, are the third most prominent issue (mentioned by 18% of farmers as the biggest challenge they face, up 5% points from a year ago). Filling out the top five issues are weather (mentioned by 16% of farmers), business viability (also at 16%) and climate change (mentioned by only 7% of farmers, and down from a year ago). The results of the special Roy Morgan Farmer AgTech Survey are based on 1,001 in-depth interviews with Australian farmers conducted during April and May 2024.

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ROY MORGAN LIMITED

Climate body targets cattle barons

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Original article by Jacob Greber
The Australian Financial Review – Page: 2 : 19-Dec-23

The Climate Change Authority has compiled a list of agricultural entities it contends have large cattle herds that are generating enough carbon emissions to qualify for the federal government’s safeguard mechanism. The list includes companies run by cattle barons such as Gina Rinehart and the Holmes a Court family; the CCA says they should be compelled to disclose the level of greenhouse gas emissions from their herds. Although the CCA is not calling for agricultural emissions to be subject to the safeguard mechanism "at this stage", it has called for greater scrutiny of farmers in this respect, with farmers accounting for 12 per cent of national emissions.

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AUSTRALIA. CLIMATE CHANGE AUTHORITY

Bendigo Bank is the most trusted agribusiness bank among Australian farmers, followed by NAB and CBA

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Original article by Roy Morgan
Market Research Update – Page: Online : 23-Oct-23

A special Roy Morgan Agribusiness Brand Trust Survey of Australian farmers looking at trust and distrust in the nation’s agricultural sector shows that Bendigo Bank is the most trusted agribusiness bank in 2023. Farmers commended Bendigo Bank for its community support, long-term relationships with farmers, the provision of reliable customer service, and for providing solutions locally. The next most trusted banks in the agribusiness sector were National Australia Bank and the Commonwealth Bank. The higher Net Trust Score for Bendigo Bank was largely driven by higher trust among sheep farmers; however, dairy farmers ranked CBA as the most trusted bank. Differences were also evident among beef, horticulture and other livestock farmers. The findings of the Roy Morgan Farmer Agribusiness Brand Trust Survey Report are based on 1,002 in-depth interviews with Australian farmers conducted during July 2023.

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ROY MORGAN LIMITED

Australian farmers are twice as likely to use agribusiness brands they trust

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-May-23

A special Roy Morgan Agribusiness Survey of Australian farmers looking at trust and distrust in Australia’s agricultural sector shows that farmers who trust a particular agribusiness brand are 127% more likely to have used that brand in the past 12 months. These findings show a direct correlation between trust and brand use – those who trust a brand are much more likely to use them, and to use them regularly, while the reverse is true for those who distrust brands. The research also found that the top reason farmers trust agribusiness brands is a ‘strong customer relationship’, followed by ‘good customer service’ and a ‘good track record, indicating that relationship building in agribusiness is paramount in driving trust and gaining repeat business from farmers. Elders was the most trusted agribusiness brand by Australian farmers in 2022, while NAB emerged as the most trusted bank for agribusiness. The Roy Morgan Farmer Agribusiness Brand Trust Survey results are based on 1,230 interviews with Australian farmers aged 18 and over, conducted during June and July 2022.

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ROY MORGAN LIMITED, ELDERS LIMITED – ASX ELD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

US officials query spike in contaminated Australian meat

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Original article by Leah Douglas
The New Daily – Page: Online : 28-Oct-21

Data from the US Department of Agriculture shows that food safety officials rejected 10 shipments of meat from Australia in 2020, due to contamination with faeces or other digestive matter. This compares with just one shipment in 2019. Three shipments of meat were also rejected for the same reasons during the first two months of 2021. Brooke Muscat of the Community & Public Sector Union warns that more meat shipments will be rejected by US officials as the shift to the outsourcing of meat inspection services gathers pace.

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UNITED STATES. DEPT OF AGRICULTURE, COMMUNITY AND PUBLIC SECTOR UNION

Australian beef exports at risk

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Original article by Michael Smith
The Australian Financial Review – Page: 10 : 22-Jun-20

China imposed bans on meat from four of Australia’s largest abattoirs in May, citing health certification and labelling issues. Xiamen Xiangyu Group executive Eric Huang says the commodities trader will have to switch to US beef suppliers if the bans on the four abattoirs are not lifted in the next six months; the state-owned Chinese company purchases 20,000 tonnes of Australian beef a month. The federal government contends that the ban was ‘punishment’ for its push to hold an independent inquiry into the origins of COVID-19.

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XIAMEN XIANGYU GROUP

Meat CEO’s beef with Hastie comments

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Original article by Glenda Korporaal
The Australian – Page: 19 : 14-Aug-19

Australian Meat Industry Council CEO Patrick Hutchinson has attacked Liberal MP Andrew Hastie over his recent comments regarding China. With Australian meat exports to China tipped to exceed $2 billion in 2019, Hutchinson says Hastie’s comments, which saw him compare the rise of China to that of Nazi Germany in the 1930s, were "inflammatory and ill-considered". Hutchinson says the comments do not reflect rural and regional Australia, which would suffer if the remarks led to a further downturn in the relationship between China and Australia. Hutchinson notes the meat processing sector represents over 50,000 full-time equivalent jobs, on top of the farmers who produce beef cattle.

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AUSTRALIAN MEAT INDUSTRY COUNCIL, LIBERAL PARTY OF AUSTRALIA