GFM Network News


China ban turns Australian barley growers toward domestic market

Growers may shift to alternative crops next season

Sydney | Reuters — Australian farmers will be forced to sell their barley supplies to the domestic livestock industry or cheaper international markets after China effectively banned imports from Australia, farmers said on Wednesday. China late on Tuesday said it would ban barley imports from Australia’s largest grain exporter, just weeks after it slapped a […] Read more

China hits Australia with barley tariff

Duty to last for five years; China may turn to Canada, other exporters

Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant […] Read more








Australia approves sale of giant Kidman pastoral holdings

Sydney | Reuters –– Australia on Friday approved the A$386.5 million (C$379.3 million) sale of the country’s largest private landholder S. Kidman and Co. to a consortium led by the country’s richest woman Gina Rinehart, after blocking two previous bids. Rinehart and her minority partner, Chinese developer Shanghai CRED, will now complete the purchase of […] Read more



Australia competition watchdog to widen dairy investigation

Sydney | Reuters — Australia’s competition watchdog will launch a broad investigation into the country’s dairy industry, the country’s deputy prime minister Barnaby Joyce said on Thursday. The investigation comes after Australia’s largest dairy processor Murray Goulburn and New Zealand’s Fonterra Co-operative Group in April reduced their farm gate prices, or what they pay farmers […] Read more

Australia’s richest woman buys two cattle stations

Reuters – Australia’s richest woman Gina Rinehart has expanded her cattle business, buying two cattle properties in the country’s north, as the billionaire seeks to profit from Asia’s fast-growing food market. The cattle properties, located southwest of the town of Katherine in the Northern Territory, were bought from one of Indonesia’s largest importers of cattle, Japfa, […] Read more