Sponsor Update | Bendigo Bank Agribusiness April Insights

The announcement of wide-ranging US import tariffs remains the talk of agricultural markets across the globe. Australia has been slapped with an import tariff of ten per cent. Beef remains the sector most exposed to the US market, though strong US demand should hold exporters in good stead.

Meanwhile, for cropping producers’ weather will remain in focus as we head into the seeding window, particularly across southern cropping regions where conditions remain critically dry. Flooding across Queensland has also seen significant livestock losses with supply chain disruptions also causing issues.

This week on the Unpacking Ag podcast we’ve uncorked the Australian wine market. We explore the loss and reopening of the Chinese market, how changing consumer preferences are impacting demand and what this all means for Australian growers and wineries. We also discuss the 2025 vintage and where grape prices are expected to trend.

Just after an update specific to your industry? Click directly through to the webpage you need https://www.bendigobank.com.au/business/industries/agribusiness/agriculture-insights/

 

Cattle

Australian producers are bracing for the effect of Trump tariffs in the month ahead whilst also battling flooding in northern states. READ MORE

 

Cropping

We’re entering a critical period where weather will become a key driver for both local and Northern Hemisphere crops. Persistent dryness in Australia and emerging concerns over offshore crop development are likely to support a general lift in prices. READ MORE

 

Sheep

Lamb prices continue to track above five-year average levels, although the market is expected to face pressure from the implementation of tariffs from the US. READ MORE

 

Wool

Wool prices were generally firmer throughout March but face downside risk from escalating global trade tensions. READ MORE

 

Carbon and climate

The Australian beef industry continues to support sustainability and has made significant progress. This month we also explore what the livestock industry is doing from a sustainable practices perspective. READ MORE