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Agricultural Prices

$14 is what it costs in California to eat a juicy Australian mango

It takes two weeks for these Aussie mangoes to go from a farm to a US supermarket shelf. But for Manbulloo Mangoes it's been worth it.
Updated
Scott Ledger holding a mango in a supermarket

Farmers donate lamb for struggling households as farmgate prices hit rock bottom

With retail prices soaring past $40/kg for lamb cutlets in recent years even Sam Kekovich would have a hard time feeding lamb to his family, but these farmers are donating lamb to those in need despite battling their own financial heartache.
Updated
A male butcher holding a skinned lamb and lamb chops

How a stampede of Indian buffalo meat is hurting Australia's cattle trade

Indian buffalo meat is surging into Australian market strongholds such as Indonesia, creating enormous competition for the live cattle trade.  
A man leading a buffalo off a truck

Australia's sheep industry is in downturn, so when will chops get cheaper?

Too many sheep is bad news for farmers but the oversupply should drive down costs for customers.
close up of packest of lamb cutlets on Coles shelf

Record beef prices spur $11 million loss for Australia's largest meat cooperative

While beef producers with Australia's largest meat cooperative, the Casino Food Co-op, enjoyed record prices last year, it resulted in a massive hit to its processing business.
Updated
Two women dressed in white jackets, hair nets and protective ear muffs stand near a conveyer belt packing meat.

Workers at dairy processor Fonterra will strike from Saturday if deal not reached

Workers at dairy processor Fonterra will strike from Saturday if a deal is not reached in talks that begin today.
ABC News Current
Duration: 4 minutes 58 seconds

Steak may still be a luxury, but in WA beef producers are considering shooting cattle as drought prevails

Drought-hit pastoralists say a bottleneck is preventing their beef getting to market at a reasonable price, and must be fixed.
Updated
A man sweeping out a cattle trough with cattle in the background

As the price of milk nearly doubles, why are dairy workers walking off the job?

Surging supermarket prices tell the story of why a wide range of dairy industry workers have mounted coordinated strike action this week. So where are these dairy profits going?
Updated
Dairy workers at a rally.

After years of growth, farmland sales hit a turning point as owners brace for dry weather, lower commodity prices

The market for Australian farmland has outperformed the ASX and residential markets for years now, but El Niño and lower commodity prices mean farmers are holding off from selling.
Updated
The sun has just risen over the horizon on a cloudy day, old machinery is in the middle of the shot, with mossy wood posts.

A 350kg steer to Indonesia is now worth $1,000 less than last year

Live export prices are sliding and some producers are taking the risk of sending stock back into the paddock.
A Brahman poking its head up out of a truck in front of a live export ship

Why isn't meat cheaper?

ABC Rural reporter Fiona Broom helps unravel the confusion over why the price of lamb in supermarkets hasn't fallen in line with what the prices slump at sale yards.  
Updated
ABC News Current
Duration: 1 minute 6 seconds

Farmers urged to seek financial support early with broadacre incomes set to dive

After two record years, average Australian farm incomes are expected to shrink significantly as the country dries out and livestock prices decline.
Large green farming equipment in the middle of a grain crop.

How Aussie extra-virgin olive oil is bucking an international trend

The largest producer of olive oil in Australia says it is delighted by the support it is getting from Australian consumers as prices for international competitors rise.
A range of olive oils sit on a supermarket shelf.

The cost of meat is starting to come down, but not as quickly as farmers would like

Farmers say modest falls in retail prices over the past 12 months are nothing compared to the collapse in livestock prices, and supermarkets should have discounted meat sooner.
Meat on the barbie

Rain has given sheep prices a record boost for producers. Has the bottom of the market been reached?

After dipping to its lowest level since 2007, the National Mutton Indicator jumped more than 65 cents a kilogram carcase weight in a week, which according to Meat and Livestock Australia is a record.
Updated
Sheep in the rain

El Niño is back and cattle prices are melting

Australian cattle producers are already getting drought prices. What happens when El Niño bites?
A sun-washed image of a herd of cattle marching across bare dry ground.

Fears of mass culling amid plummeting sheep prices as WA government considers assistance measures

Western Australian sheep producers fear a growing backlog of animals may lead to a mass culling if nothing is done to alleviate the pressure, as the state government looks at what help it can offer despite earlier rejecting calls for crisis talks.
A black dog sits on the back of sheep with full wool inside a shearing shed

Why are consumers missing out as lamb prices plummet at the saleyards?

With some lambs and sheep selling for as little as $2 a head, why are consumers only just starting to see minor price cuts at the supermarket?
Updated
close up of packest of lamb cutlets on Coles shelf

Why Coles has 'reluctantly' raised the price of its milk this week

As consumers adjust to the impact of the rising cost of living, Coles has increased its own-brand milk price by 10 cents per litre. But for farmers, it feels like redemption.
Milk on supermarket shelf showing price

Live cattle trade to resume with Indonesia

Australian cattle producers will soon be able to resume trade in one of their biggest markets Indonesia.
ABC News Current
Duration: 5 minutes 16 seconds

Despite forecast of drier conditions, Australian farmers on track for third highest production record

Forecasts of drier conditions ahead see the national commodity forecaster ABARES peg this season's agriculture production at $80 billion — down from an all-time high of $92b last season.
Updated
Sheep eat the stubble of a failed wheat crop at sunset.

Cattle saleyards across the country becoming a hotspot for 'mesmerised' tourists

Saleyards in rural Australia attract a unique kind of visitor, intrigued by the spectacle of livestock sales. And there is no better place to go behind the scenes than at Roma, in outback Queensland.
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Little boy is carried by mother in her arms. Both have cowboy hats on. Boy looks backwards at camera.

China's economy might be slowing, but its appetite for beef is not

China imported a record amount of beef in the month of July, with most of it coming from Brazil. But a meat analyst says it could soon become Australia's biggest market.
Updated
Chinese flag with cattle

Market research mystery for farmers cold called about controversial transmission line

A Victorian farmer says someone purporting to be doing market research for the federal government seemed to be trying to elicit positive responses about the VNI West transmission line.
Baby holds up sign

Chinese tariffs, changing palates see Australia's wine stockpile grow to 2.8b bottles

Australian grape growers have produced a stockpile of over 2 billion litres of wine that will take years to bring back into balance.
Updated
Two glasses of red wine.