Grain fed beef healthier, US meat biochemist claims

Grain fed beef, especially if the genetics are Asian in origin, is healthier for you than grass fed animals, according to studies conducted by Texas A&M University in the US over the past decade.

The studies have found that corn fed beef in a feedlot produced high levels of oleic acid, a fatty acid that occurs naturally in various animal, human and vegetable fats and oils such as avocados and other common food oils.

Oleic acid is a common monounsaturated omega 9 fat associated with decreased low density lipoprotein (LDL) cholesterol and possibly increased high density lipoprotein (HDL) cholesterol, which it is claimed is healthier for you due to a lowering of the risk of cardiovascular disease. Continue reading

Wagners bid to build Badgery’s Creek

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Wagners chairman John Wagner and Agribusiness Australia chief executive Tim Burrow

Toowoomba’s Wagner family has reiterated its interest in building Sydney’s second airport at Badgery’s Creek.

This follows the Federal Government’s announcement this month (May 2017) to commit up to $5.3 billion over the next decade towards Australia’s biggest infrastructure project.

“We’re in discussion with the Feds now to try and take a position with Badgery’s Creek to build it,” Wagner’s company chairman John Wagner said at an Agribusiness Australia lunch in Melbourne earlier this month (May 5).

He said there was no reason the airport couldn’t be built in two to three years and more cheaply than the $6 billion price tag the Government had on it.

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Horticulture an opportunity for the north

David WilliamsJPG

David Williams

Northern Australia has been on the nose for the past 60 years, according to David Williams, the principal of corporate advisor to the food, agriculture and beverage industries, Kidder Williams.

Speaking at the Global Food Forum hosted by The Australian newspaper in April this year, Mr Williams pointed to previous attempts to develop the north had been hampered by disease, the heat, floods, cyclones, bugs, labour shortages and the high cost of getting produce to market. Continue reading

Govt committed to the north

Josh Frydenberg

Josh Frydenberg

The Turnbull Government is committed to unlocking the potential of the north, former Minister for Resources, Energy and Northern Australia (now Minister for the Environment and Energy) Josh Frydenberg told the Global Food Forum in Melbourne in April.

Mr Frydenberg said one of the challenges was to improve the supply chains for agriculture.  To that end the Government was rolling out a $100 million beef road initiative to lower the cost of transport for cattle which could be up to 40 per cent of the total cost involved. Continue reading

Treasury Wine bullish on prospects

Treasury Wine Estates Portraits

Treasury Wine Estates chief executive Michael Clarke

The wine industry worldwide is ripe for consolidation, according to Treasury Wine Estates chief executive Michael Clarke.

Mr Clarke was responding to a question put to him by John Durie, business columnist with The Australian at the Global Food Forum the newspaper hosted in April.

“We’re probably the third or fourth biggest wine company in the world and we have globally less than a three per cent share,” he said. “So it’s an incredibly fragmented business.”

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Develop north or lose out: Robb

Australia could potentially double the production of the people it feeds directly and indirectly from almost 500 million to nearly a billion people with the resources the country has, according to former Federal Trade and Investment Minister Andrew Robb.

This could be achieved by employing the right technology and development of northern Australia, which consisted of about 17 million hectares of arable country (about the size of Cambodia), and currently supported just one beast to 10 acres (4.04 hectares), he said.

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Dairy farm exodus likely over next two years

A dairy industry leader has forecast there will be attrition among Australian dairy farmers over the next two years with prices expected to stay at current levels over that period.

Jeremy Bayard, the managing director of ACE Farming Company told an agri investor forum in Melbourne on June 8 that Australian dairy farms needed to get bigger to become more efficient like America and even New Zealand.

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Asian export markets declining

Australia’s share of Asian agricultural imports has declined rapidly in recent years as other nations have expanded their exports into the region, according to Mick Keogh, the newly appointed ACCC (Australian Competition and Consumer Commission) Agriculture Commissioner.

He told an Australian Agriculture Outlook conference in Sydney in late May that Australia’s market share of 6 per cent for north Asian agricultural imports and 9 per cent for ASEAN (Association of Southeast Asian Nations) were falling quickly.

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