Many Australian farmers are getting squeezed at 'both ends' by concentrated markets.
'Higher prices for inputs. Less choice for repairs. Power imbalances in negotiating contracts.' Farmers face challenges in every direction.We hear a lot about consumers getting screwed by Australia's supermarket duopoly, but how do you think farmers feel?
"And the market share for garden supplies retailing is about 33 per cent for the largest four firms.""According to IBIS World industry reports, there is concentration in fruit and vegetable processing, with the largest four companies holding about 34 per cent of the market. Leigh says the data shows our agricultural supply chain is highly concentrated at the national level.
"In short, farmers have few choices when buying machinery but even less choice when servicing or repairing that equipment." In December last year, the National Farmers' Federation released an issues paper criticising the lack of transparency and competition across agricultural supply chains. "That study found evidence that conflicts of interest regularly arise in saleyard transactions when buyers bid for livestock on behalf of multiple clients, and when agents represent both a cattle seller and a cattle buyer in the same transaction," Leigh says.
"An ongoing concern is the impact on producers of market concentration and buyer power during tough times, such as droughts," he says.Leigh says unfair contract terms are another problem farmers have to deal with. He says the court declared contract terms that allowed Mitolo to unilaterally determine or vary the price paid to growers as void.
Market Concentration Australian Competition And Consumer Commission Australian Bureau Of Agricultural And Resource Ec Andrew Leigh Albanese Government National Farmers Federation Agricultural Supply Chain
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australian Women in Music Awards shine a light on women in the Australian music industryWith an aim to advance equality in the music industry, winners at this year's Australian Women in Music Awards have been celebrated in Brisbane.
Read more »
Australian ambassador to Iran summoned to foreign ministry over Australia's 'biased stance' on IsraelIan McConville was summoned in Tehran over what Iran claimed was "repeated biased positions" - including on Iran&x27;s response to what it described as "the Zioniest regime" in Israel.
Read more »
Australia invests $7 billion in advanced air defence missiles, enhancing Royal Australian Navy’s strike capabilities7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Sose Fuamoli - ABCSosefina Fuamoli is an award winning Samoan-Australian music journalist, broadcaster and content producer. Her work has been featured in a number of Australian titles, including Rolling Stone Australia, NME Australia, Junkee, Time Out, The Big Issue and The Australian. Sosefina has also had essays published by the Australian Music Vault.
Read more »
Australia news LIVE: Pacific nations pressure Australia on climate; Qantas’ union feud flares upRead the national news blog for live coverage of today’s top stories.
Read more »
Australia stays tight-lipped on security demands as Australia backs PNG's $600m NRL dreamThe prime minister has refused to say what security guarantees Australia wants from Papua New Guinea in return for backing the Pacific country's bid for an NRL team.
Read more »