AQUACULTURE LIFTS SEAFOOD VALUE TO $3.63 BILLION IN 2022–23

The state’s run of devastating foods appears to be over, with forecasts of drier seasonal conditions ahead posing a heightened fre risk.

According to the Australian Bureau of Agricultural and Resource Economics and Sciences, good soil moisture and high water storage levels would support food and fbre production as rainfall eased.

NSW Farmers Western Division chair Gerard

Glover – whose property was completely cut off by foodwater just three months ago – said it was welcome news not just for farmers but also communities in the bush.

“We’re all a bit sick of mopping up after 18 months of foods across the state, and there’s still a long way to go in terms of food recovery, but clear skies will certainly help lift moods,” Mr Glover said.

“This news from ABARES that we’re going to see more

The dry conditions weren’t all good news, Mr Glover said, with increased fre activity across the state.

“We’re seeing a lot of grass fres where weeds have grown and then dried out, and this next summer could be a shocker if we don’t get prepared early,” he said.

“This is why NSW Farmers has been so vocal in calling on public land managers to do their part in controlling weeds – they are a huge fre danger if you let them go.

The gross value of Australian fsheries and aquaculture production is forecast to rise 8 per cent in 2022−23, hitting $3.63 billion.

ABARES Executive Director Jared Greenville said Australia’s aquaculture sector has been driving most of this growth.

“In 2022–23, aquaculture production value is forecast to increase by 11 per cent to $2.29 billion, driven by higher production values of salmonids, tuna and abalone,” Dr

Greenville said.

“Salmonids production will see the largest growth, forecasted to increase by 13 per cent in 2022–23 to a record $1.46 billion following higher prices for salmonids.

“Fisheries and aquaculture production is forecast to remain relatively stable in 2023–24, valued at $3.7 billion.

“From 2023–24 to 2027–28, the real total value of fsheries and aquaculture production is projected to decline by 0.7 per cent a year to $3.44 billion by 2027–28.

“This refects lower projected real prices for seafood producers and an easing of growth in the volume of Australia’s aquaculture salmonids production.”

Dr Greenville said that the value of fsheries and aquaculture product exports is expected to increase by 7 per cent in 2022–23 to $1.37 billion, then forecast to rise another 7 per cent in 2023–24, to $1.47 billion.

JARRAVALE SIMMENTALS are hosting an Open Day and Online Heifer Sale on Saturday 1st April 2023. On o er will be 15 registered traditional and black Simmental heifers (joined and unjoined). There will also be a line of registered traditional and black Simmental bulls available for viewing and private sale on the day.

Stud Quality With Commercial Realty