No images? Click here
26 March 2024
Western Australian agrifood export eNews
The Western Australian Government's Minister for Agriculture and Food is leading the first Western Australian delegation of its kind to the United Kingdom, which includes some of the State's major sheep meat and cattle producers.
The purpose of the mission is to investigate market entry requirements and identify future opportunities for WA farmers.
During the mission, the delegation will have the opportunity to meet with local experts to further understand overseas supply chains, consumer and buyer preferences. They will also attend the International Food & Drink event (IFE) in London where the WA Government, in partnership with Austrade, has supported WA's agrifood businesses to showcase their products to more than 27,000 buyers for the UK's food, drink, and hospitality supply chain.
Source: WA Gov | Photo: Minister’s office
Are you an agribusiness or food and beverage manufacturer investing in value-adding, or planning for your next investment?
$6 million in funding from the WA State Government is available for eligible businesses to establish or expand value-adding and processing operations in WA, driving food and beverage business growth and jobs.
Value-Add Investment Grants Program Round Three is offering individual grants of $15,000 to $1,000,000 in two streams:
- Capital Investment stream, which targets businesses looking to expand, diversify or relocate their value adding and processing operations in WA.
- Feasibility stream, which provides financial support to assist businesses with planning, feasibility and other de-risking activities to support future capital investment decisions.
To find out more about the program and how to apply, register below for the Information Webinar on either:
For more information, please contact an Agribusiness Food and Trade member on +61 (08) 9368 3853 or email aftprograms@dpird.wa.gov.au.
Source and Photo: DPIRD
Are you looking to accelerate your growth, to get to scale, create and capture more value? Established or emerging SMEs, in the food and beverage manufacturing and agrifood-tech sectors with high impact potential are encouraged to consider participating in ScaleUP WA 2024.
ScaleUpWA 2024 is a customised program for SMEs in WA looking to get scale, create more value, and position their business to harvest that value.
DPIRD is offering support packages for SMEs to participate in ScaleUpWA 2024. You’ll learn how to:
- Develop a comprehensive understanding of what it means to be investment and export ready.
- Identify new areas and opportunities for growth.
- Craft investable business structures to transform your business.
- Build compelling pitches.
Successful applicants will receive DPIRD support to cover of 50% of the program fee. There are a maximum of 5 support packages available.
Applications will close on Friday 10 May 2024. Please contact the DPIRD team via investment@dpird.wa.gov.au for further details.
ScaleUpWA is powered by the City of Canning as part of their Canning Business Mentoring Program.
Source and Photo: DPIRD
Austrade in conjunction with Invest and Trade WA, Dubai Office invites you to be part of the Australia Lounge at The Saudi Food Show 2024 in Riyadh, Saudi Arabia from 21-23 May 2024.
Building on the success of its inaugural 2023 edition, this year's event aims to bring together exhibitors, buyers, renowned brands, and industry experts on a large scale. With expanded venues and enhanced facilities catering to the growing demand from food and beverage companies, the Saudi Food Show is set to become a powerful sourcing hub, and a place to connect with trade buyers and global industry professionals.
Austrade is seeking expressions of interest from Australian exporters to actively participate in the Austrade business program at The Saudi Food Show 2024 (subject to capacity). The cost to participate is A$5,000 per company. For more program details and to register your interest please visit the event link. Registrations close Friday 5 April 2024.
Invest and Trade WA Dubai office also plans to secure a small space for promoting WA trade and investment opportunities in the food and beverage sector. If WA exporters are unable to take advantage of the opportunity offered by Austrade but would still like to have products displayed (shelf-stable non-alcoholic only) and promoted at the show, please contact Aziz Saba, Director Dubai office via Aziz.SABA@jtsi.wa.gov.au or Amira Ben Hassine, Business Development Manager via Amira.BENHASSINE@jtsi.wa.gov.au for further details.
Source: DPIRD | Photo: Saudifood Show
Australian farmers have begun the year with a surge in confidence, riding on the back of widespread, better-than-expected summer conditions and positive signs from key commodity markets.
The latest quarterly Rabobank Rural Confidence Survey, released this month, found national farmer confidence has returned to “positive territory” for the first time since June 2022, with more farmers now optimistic than pessimistic about the year ahead.
Net national rural confidence rose significantly from a reading of -41% in the last quarter of 2023 to 15% in the first quarter of 2024.
Nearly a third of farmers across the nation (31%) expect the agricultural economy will improve over the next 12 months – more than double last survey (14%). There was also a significant drop in the number who anticipate conditions will worsen – down to 16% from 55%.
Rising commodity prices topped the list of reasons Australian farmers gave for their positive outlook (nominated by 58% of those expecting the agricultural economy to improve).
Farmers were also increasingly positive about seasonal conditions – cause for optimism among 40% of those expecting a better year ahead.
Source: Rabobank | Photo: iStock
Introducing Austrade's new and improved guide to exporting – helping you go further, faster. Austrade has listened to exporters and has upgraded one of its most important tools.
You can now find customised information for every stage of your export journey. Just enter your industry and sector and find tailored advice to take your business global. Let Austrade guide your export journey today.
Source and Image: Austrade
Further information
Agribusiness, commercial fishing and aquaculture news from the Department of Primary Industries and Regional Development (DPIRD). If you have any questions or information to share, please email export@dpird.wa.gov.au.
Subscribe to Western Australian agrifood export eNews.
Important disclaimer
The Chief Executive Officer of the Department of Primary Industries and Regional Development and the State of Western Australia accept no liability whatsoever by reason of negligence or otherwise arising from the use or release of this information or any part of it.
Copyright © State of Western Australia (Department of Primary Industries and Regional Development), 2024.
