SYDNEY/SINGAPORE, (Reuters) – When top barley buyer China last year slapped tariffs of more than 80 percent on imports from Australia amid a bilateral spat, grain farmers Down Under could have been forgiven for fearing tough times ahead. But a switch to canola, combined with ideal growing conditions and near record prices for the yellow-flowering […] Read more
Stories by Jonathan Barrett
Famine to feast: Australia prepares for huge wheat harvest
SYDNEY, Sept 17 (Reuters) – Eighteen months after drought ravaged Australian farms, grain growers are on course to harvest a second consecutive bumper crop as global wheat prices hover near eight-year highs. The agricultural revival has underpinned a dramatic increase in rural land prices, although the exuberant market is straining pandemic-hit supply chains hit by […] Read more
