High grain and meat prices have farmers confident in another good year

  • 📰 abcnews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 83%

Australia Headlines News

Australia Latest News,Australia Headlines

Some of their input bills have more than doubled, but these young farmers are confident about the coming season.

Young Victorian dairy farmers Melanie and Paul Ackerley are bucking a range of industry trends on their farm, 160 kilometres south-west of Melbourne.Farmgate milk, sheepmeat, beef, and grain prices are all at high levelsThe dairy industry is shrinking. It has lost 20 per cent of its farmers in the five years since the Ackerleys bought their farm in 2017.

The national commodity forecaster ABARES projected average dairy farm incomes to rise 35 per cent to $338,000 per farm in 2021-22, and again next year, thanks to higher farmgate milk prices. And with wheat at $450/t Ms Warne could see the rationale in paying $1,300/t for fertiliser this year. "For instance, last year I paid on average $750/t for urea for the farm and I thought that was very dear."

Saleyard prices are expected to decline in the coming 12 months, and ABARES estimates the value of beef and sheepmeat exports to drop by around one per cent to $25 billion in 2022-23. In the 12 months to February 2022 its members lent $4.3 billion to agriculture, forestry, and fishery businesses, a 30 per cent rise on the previous 12 months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ABC, please report how IPCC actually 'attributes' climate extreme to climate change. Note, IPCC report indicated the modelling for such 'climate extreme attribution' is based on 'very, very, very large caveats,' Not to deny climate change but tell 'the WHOLE story'. 2/2

Best joke ever. Just the other days, these farmers complained the reason for increasing the price significantly, in Tassie for potato no less, is because of climate extreme, being too dry, being too wet, being too hot, being too cold, like throwing the whole kitchen sink. 1/2

Best joke over. Just the other days, these farmers complained the reason for increasing the price significantly, in Tassie for potato no less, is because of climate extreme, being too dry, being too wet, being too hot, being too cold, like the whole kitchen sink.

Ok but what about NORCO ice cream ? They might be shutting up shop in Lismore / Northern rivers.

JUST DON'T SAY FOOD SHORTAGES!!

you know what another word for 'high grain and meat prices' is? Inflation. What does it cause? Cost of living pressure. Celebrating higher prices while simultaneously bemoaning higher prices is the sort of thing I'd expect from Sky 'News'.

Pity none of the farmers are actually benefiting from rising food costs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NATO significantly increases high-alert forcesNATO bombed oil rich Libya in 2011 murdering their president & 30,000 people. NATO continued expansion west without provocation for 40 years, while Russia released former soviet territory.. NATO advanced its bases towards Russia's border. Russia was far from unprovoked, Ukraine was planned, fabricated by the media to build public consent... Nato made no attempt from the beginning to avoid this war it only fuelled it and innocent people are paying the price.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Metcash new boss battle-hardened for high inflation timesThe grocery wholesaler says the IGA and Foodland stores are winning market share as shoppers head to local neighbourhood outlets. Probably what Coles and Woolworths would tell you, too?
Source: FinancialReview - 🏆 2. / 90 Read more »

NATO ramps up high-alert forces, Russia pummels Ukrainian citiesThe North Atlantic Treaty Organisation summit will confirm a sevenfold troop increase, the G7 is boosting sanctions – and Vladimir Putin is stepping up attacks.
Source: FinancialReview - 🏆 2. / 90 Read more »

Nato to put 300,000 troops on high alert in response to Russia threatAlliance’s leader predicts this week’s summit will agree its most significant transformation in a generation WWIII is underway, and the rich, from all sides want it.
Source: GuardianAus - 🏆 1. / 98 Read more »

Supreme court sides with high school coach who led on-field prayersRuling expands religious rights of government employees in latest of supreme court rulings taking a broad view of religious liberty Wtf! They are bonkers over there The Christian Taliban?🤣
Source: GuardianAus - 🏆 1. / 98 Read more »

'Biggest overhaul since Cold War': NATO to put 300,000 troops on high alert over Russia's war in UkraineNATO Secretary-General Jens Stoltenberg says the troop increase is the 'the biggest overhaul of our collective defence and deterrence since the Cold War'. Can only hope a NATO equivalent for Asia to push back China aggression ?
Source: SBSNews - 🏆 3. / 89 Read more »