Agricultural Market Intelligence Insights - April 2022
April's Top Insights
Vegetable oils: High prices and increasing export restrictions
High prices and good conditions are expected to lead to record Australian oilseed exports in 2021–22. However, the increasing use of export restrictions is a concern for world food prices.
Since entering into force in February 2020, PAFTA has helped to drive a 668% increase in Australian agricultural, fisheries and forestry (AFF) exports to Peru.
Farmers’ terms of trade: High prices and high costs 2021-22 has been characterised by high production, prices and costs for Australian agriculture. For this financial year, ABARES data indicates that, on average, costs rose faster than prices.
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Australia-India ECTA outcomes
The Australia-India Economic Cooperation and Trade Agreement (ECTA) was signed on 2 April 2022. Read why the agreement will secure Australia's foothold in the world's fastest growing large economy.
If you would like further information about these articles or have suggestions for future articles, please contact the Market Intelligence and Engagement Team.
Best regards,
DAWE Market Intelligence and Engagement team
International Strategy and Engagement Branch | Trade, Market Access and International Division | Department of Agriculture, Water and the Environment
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