Daily 512 - For all the tea in China - No Kenya

Farm Tender Daily - All the news for Thursday, the 7th of November, 2024.

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By Dwain Duxson - An Ag Enthusiast

For all the tea in China Kenya - I found this article (in dark below, take a read first) last night and couldn't resist putting it up. Many of you who have been around the Farming bock a few times will remember something similar in an industry that our country was built on: Wool. Sounds familiar?

"Three years ago, Kenya — one of the world's biggest tea producers — set a minimum price for the commodity to cushion Farmers from losses in an oversupplied market. Now, it's been forced to suspend the plan and set about clearing a huge inventory at bargain rates instead. Supply began piling up after Kenya set a reserve price of $2.43 a kilogram in 2021.

The effort was recently scrapped, and a glut that touched 100 million kilograms (220 million pounds) at its peak has been whittled down. But a backlog of 15 million kilograms (33 million pounds) remained as of October, according to the government, enough to brew roughly 7.5 billion cups. That could take until the middle of next year to clear. And aging reserves mean its taste is also likely to suffer, heralding more bad news for the East African tea industry, with prices set to remain depressed for the foreseeable future".

If only the Kenyan Tea Industry had reached out to us, we could have saved them a lot of pain. I remember those days; I was about 18 or 19 when the Wool Reserve Prices Scheme was abolished. Before that, I remember the old man saying we had finally made it. A flippant sorta statement we have all made many times that has come back to bite us on the arse. Not his fault, they were good times before everything went pear shaped. I was just starting my Farming journey at the time, and remember not long after having to go on the dole so I could stay on the Farm. Do you remember those days? Or have your parents or grandparents talked about that time in history? Reply to [email protected]

The Farmers Club headlines - Our 3 topics tomorrow are:
1) The work will eventually defeat us - Said by 2 x 55-60yo Woolgrowing brothers…..
2) Don’t Automate everything on the Farm - This is why…..
3) Are the human costs the problem to our overall costs?…..
The Farmers Club - For Ag Enthusiasts Sign up here for free.

Try a Wool Doona for your bed - We like promoting great Australian products, especially Ag ones. Check out this Wool Doona.

FARM INPUTS REPORT - By Ellen Garland 0418 137 224

Listings of the Week - Munro Post Drivers

New Machinery and Equipment - If you are thinking of purchasing a new post driver, now is the right time. For the month of November, we are offering a 5% discount on all Munro Post Driver Packages. This includes all Post Drivers with any added extras eg. Side Shift, Augers & Cutters to name a few.  

Fertiliser Update - Are you ready for the 2025 season? Get in touch to discuss your Fertiliser requirements now! It will take some time to see how the recent US election result will impact fertiliser prices.   There has been no change to pricing on fertiliser from last week. Pricing per tonne, Urea remains at $710.00, MAP $1,060, DAP $1,075.00, Gran Am $440.00, Single Super $430.00 and MoP $665.00 + GST.

Chemical Update - Similar to Fertiliser we are yet to see any change in pricing Chemical but would expect to see re buy prices go up sooner rather than later. The market price of Glyphosate 450 is $4.30 per litre, Glyphosate 540 is $5.40, Paraquat 250 is $3.60 and Diquat $5.80 per litre in 1000L Shuttles. Here is what we have available in shuttles.
Glyphosate 450 – Shepparton, Sydney, Melbourne, Wagga, Adelaide - $4.10 + GST per litre.
Glyphosate 450 – West Wyalong, Leeton, Dubbo, Brisbane, Adelaide - $4.25 + GST per litre.
Paraquat 250 - Shepparton, Sydney, Melbourne, Wagga - $3.40 + GST per litre.
Diquat - Shepparton, Sydney, Melbourne, Wagga - $5.50 + GST per litre

Today's Trends - Sales trends included Working Dogs, Windmills, Sheep Handlers, Groupers, Headers, Tarps, Pick-Up Fronts, Post Drivers, Round Balers, Vetch Hay, and Oaten Hay

End of message

Dwain Duxson
P - 0427 011 900
E - [email protected] 

What was listed today.

What was sold today.

Thanks for reading.