Blog: Reeling from the floods, Australia's farmers prepare for Cyclone Yasi
Dean Best | 2 February 2011
Queensland, a key part of Australia's food sector, after being hit by some of the worst floods in living memory, is now preparing for what is being labelled as the fiercest cyclone the country has seen.
Tropical cyclone Yasi, upgraded overnight to a 'category five' cyclone, the most severe rating, is bearing down on northern Queensland.
Sugar growers within Australia's Canegrowers association, remembering the impact that cyclone Larry had on the industry five years ago, has estimated that Yasi could cost the sugarcane industry A$500m.
Five years ago, the state's cane sugar and banana sectors were hit by Larry, which wiped out up to 50% of cane crops, the association said.
Reflecting on the potential impact of Yasi, Cangrowers CEO Steve Greenwood said: "The half a billion projected losses do not even start to include the cost of broader damage to infrastructure such as the road and rail network, houses, property, mills and ports."
Crops in Queensland were affected by last month's floods, which followed wet weather in Victoria in December, which hit the wheat, canola, barley and fruit and vegetable sectors.
Ask any FMCG executive to list the trends shaking up the sector and digital and e-commerce will be pretty high on the list. Drill down into that and Amazon will be one of the subjects in the digital s...
Since Theresa May took over as UK Prime Minister in the wake of the country's referendum vote to quit the European Union, she and her ministers have been at pains not to divulge their negotiating posi...
Greenpeace's long-running campaign against UK tuna brand John West, owned by seafood giant Thai Union, is now directing its fire against Sainsbury's....
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Wessanen's move for Spain's Biogran - analysis
- Burger King, Jollibee: foodservice focus, Nov 2016
- Have food promotions reached tipping point?
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- B&G acquires pasta sauce group Victoria Fine Foods
- Japan's Nagatanien buys Chaucer Food Group
- Tyson sets up US$150m investment fund