The European wine grape crop has been hit hard by adverse weather, and with global inventories already tight, the wine available for consumption around the world will be at its lowest point in decades, according to Rabobank’s latest Global Wine Quarterly report.
The King Valley’s finest was uncorked at Parliament House in a celebration of the food, wine and tourism mega draw card – the Prosecco Road.
Wine Australia’s Export Report released shows that, in the 12 months ended 30 September 2017, Australian wine exports continued to grow strongly in both volume and value. Export value grew 13 per cent to $2.44 billion and volume grew by 9 per cent to 799 million litres.
The Territory Government introduced the Pastoral Land Legislation Amendment Bill 2017 into Parliament to help boost jobs and economic productivity in regional and remote areas by unlocking the development potential of the pastoral estate.
With more than 2.7 million cattle being graded through the Meat Standards Australia (MSA) program in 2016-17, an estimated $130 million was delivered back to beef producers through additional farm gate returns.
Victoria’s mussel growing industry in Port Phillip and Western Port is set to expand following the allocation of 65 hectares of water to six operators.
Three Toowoomba-based companies employing more than 100 people have scored over $600,000 in grants as part of the QLD Government’s $20 million Made in Queensland program.
The price direction of Australia’s cattle market and national herd rebuild now hinges on a solid seasonal break, following a dry finish to winter and hot September 2017 across much of Australia.