While domestic cattle prices have come “off the boil”, they are expected to still “simmer nicely” during 2018.
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2017 world wine production falls, while Aus production grows
World wine production, excluding juice and musts, is likely to reach 246.7 mhl in 2017, according to the International Organisation of Vine and Wine.
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Agriculture now largest contributor to national GDP growth
Australian agriculture has emerged as the fastest growing sector and the largest contributor to national GDP growth in 2016-17, cementing its position as one of the economic powerhouses driving the nation.
Deputy
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Deal making ramps up in the food and beverage sector
Following a drop in corporate activity in April and May, deal making ramped up in June and July with nine transactions announced.
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Food sector keeps growing as PMI rises again
Australia’s manufacturing sector experienced a tenth consecutive month of expansion in July and our food sector also continued its upward trajectory.
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Manufacturing, food & beverage making continue to grow
The Australian Industry Group’s Performance of Manufacturing Index (PMI) inched 0.2 points higher to 55.0 in June, with expansion in the food & beverages sub-sector easing to 56.9 for the month.
The
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Food & beverage deal activity takes a breather
Following a frantic start to 2017, corporate activity in the food and beverage industry slowed down in April and May 2017 with only four transactions announced during this period.
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Australia’s food marketers reduce ad spend in 2017
Australia’s food marketers are continuing to reduce their advertising spend in 2017 after strong growth in 2016 saw the sector emerge as the country’s fourth largest advertising category.
In CY 2016,
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PMI up again, food sub-sector going strong
The Australian manufacturing sector expanded for the seventh consecutive month in April with the food and beverage sub-sector delivering its best result in a year, according to a key index.
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Food & beverage deal activity starts the year strongly
Corporate activity in the food and beverage industry was unexpectedly high in February and March 2017 with a number of transactions announced during this period.
The standout transaction in the quarter
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Aus manufacturing, food sub-sector expand in March
Both the overall Australian manufacturing industry as well as the food, beverages and tobacco sub-sector expanded again in March, according to a key index.
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PMI leaps ahead in February
Australian manufacturing recorded a fifth consecutive month of growth in February, with the food sub-sector also expanding.
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Manufacturing grows for fourth consecutive month
The Australian manufacturing sector grew again in January though at a slower rate than the previous month, according to a key index.
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Food and beverage industry expecting strong deal activity in 2017
Corporate activity in the food and beverage industry was unexpectedly high in December 2016 and January 2017 with several substantial transactions announced during this period.
Acquisitions announced
The
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Australia’s finest wines achieve record value in 2016
Australian wine export value grew by 7 per cent to $2.22 billion in 2016 and average value grew by 6 per cent to $2.96 per litre free-on-board.
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Global wine supply balancing out: report
The downward trend of global wine inventories in recent years marks a continued move towards balance, according to a new report from Rabobank.
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Energy prices, taxes threatening food sector jobs
High energy costs are putting pressure on food manufacturers and threatening jobs in the sector, according to a report by the Australian Food and Grocery Council.
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Aus manufacturing bounces back, food making loses some steam
Australia’s manufacturing sector returned to growth in October though the food sub-sector dropped slightly, according to a key index.
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Food sector helps bolster Australian manufacturing in September
Australian manufacturing recovered slightly in September, with a boost to the food sub-sector, according to Ai Group’s Performance of Manufacturing Index.
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WA agriculture to reap benefits from rising food demand in Asia
Western Australia’s beef export industry into Asia could grow to $1 billion by 2030 and beyond, according a new report by the Bankwest Curtin Economics Centre.
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