Focus on Australia
With harvest now complete, the focus is now on the shipping season and how the coming season is shaping up for the summer crops of cotton, sorghum, chickpeas and other pulses. Dry conditions in eastern Australia, specifically Queensland and northern New South Wales dramatically reduced crop yields and tonnages. However, Western Australia, South Australia and Victoria enjoyed a good season, despite some areas of frost in the south eastern states.
Queensland and New South Wales have continued to experience dry conditions into February and this appears set to continue. As a result, the area planted to these summer crops is expected to fall significantly, with sorghum planting expected to be down by more than 20%. Competition from east coast domestic users, especially feed lots, is also making it harder for exporters to source grain. Currently, whilst there is considerable tonnage stored on farms, some growers are holding onto their grain in the hope that prices continue to rise.
SGS delegates will be delighted to discuss the many ways we can help your at the AGIC Singapore conference in Singapore, 10th March.
This newsletter provides you with all the SGS contact points to meet your requirements.
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For more information, please contact:
480 Princess Hwy
Noble Park VIC 3174
3174 Melbourne, VIC
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