Australian grains look to Indonesia wins
(Posted on 15/10/19)
GrainGrowers in Australia has welcomed the Joint Standing Committee on Treaties (JSCOT) recommendation that the
Parliament ratifies the Indonesia-Australia Comprehensive Economic Partnership Agreement
(IA-CEPA), citing the significant opportunities it brings to the Australian grains industry.
GrainGrowers now calls on bipartisan support for the agreement and for the Australian
parliament to swiftly pass legislation to allow the trade agreement to enter into force.
“Indonesia is Australia’s largest wheat market with annual trade volumes typically around 4.2
million tonnes, valued at around $1.3 billion. The agreement includes a new quota of 500,000
tonnes of Australian feed grain to Indonesia per year, growing at 5% per annum.” said Brett
Hosking, GrainGrowers Chairman.
“This feed grain quota is equivalent to 12,000 b-double truckloads of grains and will create new
opportunities for Australian farmers as well as supporting growth and development for
Indonesia’s food manufacturing, stockfeed and livestock sectors.”
A critical component of IA-CEPA is the development of a grains-specific economic cooperation
initiative, the Australia-Indonesia Grains Partnership. The partnership will provide technical,
economic, and social programs to allow the grains and agrifood industries in both countries to
“With the release of the Australian Government’s report today it is now imperative that the
funding commitment for the Australia-Indonesia Grains Partnership by the Australian
Government is forthcoming. This is an initiative that will enable our growers to work with their
Indonesian colleagues and is critical for our businesses.” said Hosking.
The partnership will ensure that Indonesian stockfeed and livestock industries have the right
technical support when using Australian feed grains such as barley. This means that Indonesian
livestock sectors maximise their productivity when using Australian feed grains.
Latest News
Rio Tinto progresses development of Quebec gallium extraction process
(Posted on 17/12/24)As part of a research and development programme, Rio Tinto is assessing the potential for extracting... Read more
Trafigura publishes 2024 Annual Results
(Posted on 17/12/24)Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released results for... Read more
Anglo American completes Serpentina premium iron ore transaction
(Posted on 11/12/24)Anglo American plc has announced the completion of the transaction to combine the Serra da Serpentina... Read more
BHP Group Investor Relations Officer appointed
(Posted on 11/12/24)BHP has appointed Mark Bendall as Group Investor Relations Officer, effective 1 April 2025.Mr Bendall... Read more
Fertilizers Europe welcomes EU Members requests for tariffs on Russian fertilizers
(Posted on 04/12/24)Fertilizers Europe, the voice of the European fertilizer industry, has welcomed and fully supports the... Read more
The Cultured Hub opens its state-of-the-art biotech facility in Switzerland
(Posted on 04/12/24)The Cultured Hub officially opens its doors today, marking a milestone for the global cellular agriculture... Read more
New partnership agreement to study low carbon aluminium project in Finland
(Posted on 04/12/24)Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi... Read more
Italian steel handling specialist Transped boosts efficiency
(Posted on 29/11/24)Transped S.p.A. has ordered a Konecranes Gottwald Generation 6 mobile harbour crane to expand its handling... Read more
Cargill transforms Singapore Innovation Center to meet evolving needs
(Posted on 29/11/24)To advance innovation and further contribute to Asia’s vibrant food ecosystem, Cargill is bolstering... Read more
Cargill surpasses one million enrolled acres in Cargill RegenConnect
(Posted on 20/11/24)Cargill RegenConnect has surpassed one million enrolled acres for the 2025 U.S. planting season, a milestone... Read more
