Chinese middle class consumers continue to thirst for Victorian wine, with mainland China now the No.1 destination for our producers
Victoria’s farming exports have mostly defied the drought, with overseas sales surging by nearly $100 million to top $14.2 billion in the past financial year, despite the tough growing conditions.
Chinese middle class consumers also continued to thirst for Victorian wine, with mainland China now the No.1 destination for the state’s producers, 47 per cent of $404 million in exported wine went there in 2018-2019. But Victoria’s horticulture businesses has a remarkable year overseas, with exports climbing by 38 per cent to $1.6 billion, nearly one-third of it accounted-for by almonds after Australian groves produced a record-breaking nut crop of about 100,000 tonnes.
When prices of Australian cherries are high, Asian markets prefer to source cheaper fruit from Chile.
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.
'Completely powerless': Christmas tree farmers lose out in fire emergencyThe NSW bushfires are threatening Christmas tree farms and increasing the price of trees.
Read more »
Live: NSW Now: Sydney cools before scorching weekend, Hunter town to run dryMORNING BRIEFING: There is some relief after yesterday's soaring temperatures but it will be short-lived, while a town in the Hunter region is at risk of running out of water over the Christmas period.
Read more »
Future of Australia's richest footrace in jeopardy after Government lifeline rejectedThere are fears the Stawell Gift may have run its final race because of a funding dispute between the Victorian Government and the athletics club that puts on the race.
Read more »
'Climate is changing': Historical maps show it's getting hotter and drierClimate specialists in the Victorian government have mapped the warming of our continent, but offer hope to drought-stricken farmers.
Read more »
Surrogate mothers to claim loss of income from parents under new lawsSarah Jefford estimates she was left up to $20,000 out-of-pocket after using her own egg to carry a baby for a same-sex couple. 'Most surrogate mothers struggle to break even and are almost always left thousands of dollars out of pocket,' she says.
Read more »
Gippsland bushfire creates its own weather as it quadruples in sizeVictorian firefighters say a bushfire threatening homes and lives near Ensay in far east Gippsland created its own weather system as it rapidly expanded overnight.
Read more »