Archive for August, 2013

22.08.2013 Market Access News Comments Off on Market Access Initiatives produce big results

Market Access Initiatives produce big results

Concentrated efforts by GIMAF, Australian Oilseed Federation and DAFF to regain market access for Australian canola into the Chinese market has brought a windfall for Australian growers since late March this year.  The market price surged up to $50 per tonne on the news at the time and the trade has responded resoundingly with more than 500,000 tonnes contracted for shipment for total value of over $300 million.  This result has far exceeded the expectations of the organisations involved in the drive for market access and vindicates the efforts applied.  A program of research activities has been implemented with Chinese quarantine authorities to support the risk mitigation of the unwanted pathogen Blackleg in shipments to China.  The resounding trade outcome to China in 2013 and the ongoing cooperation on technical risk management will underpin a positive future for the Australian canola industry.