Insights and Stories on Australia

Jul. 16, 2025 at 8:54 am CDT

Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.

By Ella Cao, Peter Hobson, Reuters

Jun. 2, 2025 at 11:04 am CDT

Australia's wheat production is projected to drop 10 per cent this year to 30.6 million tonnes, with barley and canola output also expected to fall due to dry conditions across several cropping regions, the agriculture ministry, ABARES, said.

By Reuters

May. 27, 2025 at 10:05 am CDT

Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in Chinese imports and competition from ample supplies out of rival exporter Russia, analysts and traders said.

By Naveen Thukral, Peter Hobson, Reuters

May. 26, 2025 at 9:39 am CDT

Helicopters were being used on Sunday to drop animal feed to farmers in Australia's New South Wales state stranded by floods that have killed five and isolated tens of thousands in the country's southeast.

By Reuters

May. 9, 2025 at 10:32 am CDT

Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China's agricultural heartlands.

By Gus Trompiz, Michael Hogan, Peter Hobson, Reuters