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Showing posts with the label farmland

Prices of fresh produce may soar, but if you think farmers are rolling dough, think again

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Lettuce has crossed the $10 mark, milk prices are soaring by major supermarkets and strawberries are $6 a punnet. Almost everywhere you look, the prices of food and other agricultural goods are on the rise. You’d be forgiven for thinking this must be a great time for Australian farmers, preferably gazing out the window at the gentle rain. Not too. Rising price Understanding what drives the price of any commodity can be a confusing exercise at the best of times. The current situation is generally caused by a number of problems, the first of which relates to the nature of Australia’s growing season. Australian vegetables come from different parts of the country depending on the season. Currently the main supplier is Queensland. Earlier this year, several developing areas were hit by two floods in 11 weeks. Queensland’s Lockyer Valley flooded earlier this year destroying large vegetable crops. ( Provided: Lockyer Valley Regional Council ) Belinda Frentz is a herb grower...

Winds of change await as offshore industrial banks on government declaration

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The burgeoning offshore wind industry is awaiting a declaration from the federal government to start major work on the water. Key points: The renewable energy industry is waiting for the federal government to designate Gippsland as an offshore wind development zone There are five wind farm projects planning to build turbines off the coast of Gippsland CSIRO says the price for building an offshore wind farm has dropped significantly, making it a viable option There are five offshore wind farms planned off the coast of Gippsland, with the hope of leveraging the existing transmission infrastructure of the Latrobe Valley. Under a new law governing offshore wind farms passed by Parliament last year, operators are only allowed to carry out certain activities in zones designated for offshore wind development. The most developed project, Star of the South, plans to erect up to 200 turbines in the windswept waters of Gippsland. Acting chief executive Erin Coldham said making the declaration wou...