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Weekly Australian Climate,
Water and Agricultural Update
Key issues
For the week ending 22 February 2023, a tropical low active in the Gulf of Carpentaria brought heavy rainfall to surrounding areas of the tropical north of Australia. Meanwhile, a low-pressure trough brought scattered…
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High global food prices and uncertainty about future food supplies is driving an increase in the number of countries implementing food export restrictions. This raises global food security concerns.
Food export restrictions rise in 2022
Since the beginning of 2022, 32 countries have imposed…
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Australia’s agricultural and fisheries export markets were more diversified in 2021-22.
ASEAN overtakes China as Australia’s largest agricultural and fisheries export destination
Australia’s agricultural and fisheries export markets were more diverse in 2021-22.
The proportion of exports…
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High natural gas prices, export restrictions, and Russia’s invasion of Ukraine have placed pressure on the supply and price of fertilisers. There is no indication that prices are likely to experience substantial falls in the near-term.
Global fertiliser prices are rising
Average global…
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Growing demand for meat and biofuels will drive global demand for grains and oilseeds over the coming decade. Ongoing adaption and productivity gains will be required for Australian farmers to fully benefit from this growing market.
Prices of grain and oilseeds have been rising
Russia’s…
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Record demand and disrupted supply chains have led to high prices and delays for agricultural machinery imports. Strong agricultural production and ongoing high shipping costs will keep machinery prices elevated in 2022-23.
Machinery imports are important for Australian agriculture
Between 2019…
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Australian agricultural exports to the ASEAN region are increasing. This has been driven by strong economic growth, burgeoning food and fibre processing sectors, and efforts to diversify Australian agricultural exports.
Record level of Australian agricultural exports to ASEAN
In 2021-22,…
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International government policies aimed at reducing greenhouse gas emissions and energy price volatility is driving biofuel demand. Australia is well-placed to provide key inputs to global biofuel production.
Global use of biofuels on the rise
Over the past 3 decades, biofuels have become an…
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Dr Bertie Hennecke has been appointed as the new Chief Environmental Biosecurity Officer for the Department of Agriculture, Fisheries and Forestry.
Deputy Secretary of Biosecurity and Compliance, Chris Locke, welcomed Dr Hennecke’s appointment and said he brings many years of knowledge and…
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Australian wheat is expected to comprise a record 13.7% share of global wheat exports in 2022-23. This forecast is due to record levels of Australian production, conflict in Ukraine, and drought conditions in the US and Argentina.
Record share of world exports for Australian wheat
The…
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