Australian red meat exports (beef, lamb, mutton and goat meat) to China continue to go from strength to strength, with total shipments for May surpassing the previous all-time high registered in February.
Australia’s beef and veal exports for March increased 5% year-on-year, to 87,742 tonnes swt, with the Chinese market again setting a monthly record high, at 12,320 tonnes swt (Department of Agriculture, Forestry and Fisheries).
Land values in northern Australia have fallen 20-25% since the global financial crisis of 2008, and will continue to fall until valuations are in line with productivity. Meanwhile, says Ross Copland, the Alice Springs-based director of Integrated Valuation Services, the curtailing of live export sales that began in 2011 has flipped perceptions of Territory pastoral productivity.
Australian beef and veal export values in 2012 increased 2% year-on-year, reaching 4.77 billion dollars. While beef and veal export volumes during 2012 notched a record, values were short of the equivalent feat, influenced by a greater proportion of exports made up of frozen product and the high Australian dollar.
Recent positive tests, and ongoing concerns that Ovine Brucellosis is spreading throughout Australia, has prompted the country’s Livestock Health and Pest Authorities (LHPA) to encourage all sheep producers to test their rams for ovine brucellosis.
Australian Environment minister Tony Burke signed into force on Monday a two-year ban on any super trawler operating in the small pelagic fishery. The ban is based on a battery of new laws and seems directed to the arrival to Australia of the Dutch vessel Abel Tasman.
The UN General Assembly elected Argentina, Rwanda and Australia to the 15-national Security Council for 2013 and 2014. Rwanda and Argentina were unopposed in their bids for the Africa seat and the Latin American and Caribbean seat.
Australia shipped 22,648 tonnes swt of beef to Japan during September, the lowest monthly volumes since December 2003 (with the exception of January).
Australia has become the world's 12th biggest economy as it continues to out-grow recession-ravaged parts of Europe. New figures from the IMF confirmed Australia had replaced Spain as the 12th biggest economy as measured by GDP at market exchange rates.
Ecuador's President Rafael Correa said that Britain's failure to extradite former Chilean dictator Augusto Pinochet more than a decade ago means it has no right to lecture others over the fate of WikiLeaks founder Julian Assange.