Business

Australia wide macadamia shortage due to weather

Macadamia nuts are like gold in a year of short supplies, according to Suncoast Gold CEO Jim Twentyman.
Macadamia nuts are like gold in a year of short supplies, according to Suncoast Gold CEO Jim Twentyman.

THE reserves are long gone and Australia's macadamia industry is forced to confront the shortages that are this year's market reality.

Gympie's Suncoast Gold is one of many Australian processing operations looking at supply worries.

Shortages have pushed up prices, but Australia is not producing enough nuts to take advantage of that.

Australia's only commercially developed bush tucker success story, the macadamia industry depends on export markets and is no longer without international competition.

Suncoast Gold CEO Jim Twentyman echoed concerns expressed by the Australian Macadamia Society that wet weather across many growing regions this year had led to reduced yields.

"It's a fact across the whole country," Mr Twentyman said.

"The long dry to January caused a lot of nuts to fail to develop."

Then came the remnants of tropical cyclone Oswald and the start of a wet season that seemed never to end.

"Strong winds caused more nuts to fall and inflicted damage on trees as well," he said

"Overall the Australian crop has been underperforming for the last couple of years, because of weather events.

"It's been too hot, too dry or too wet.

"Supplies are about 20% down from where they should be."

Gympie Times

Topics:  macadamia wet weather



How to survive a bushfire in your car

IT SOUNDS like a nightmare, but it can happen.

Eight reasons to join the RFS

SPREAD across 93% of Queensland, the Rural Fire Service has about 36,000 volunteers. And you could be one of them.

What if my insurer gives me grief?

CLAIMING your insurance cover after a natural disaster can go one of two ways. It can be a breeze, or like pulling teeth.

New highway and Kidd Bridge 'complete joke': letter

LETTER: "The complete jokes of how the new highway will be connected to Gympie and a 'new' Kidd Bridge are amongst many glaring examples of the lack of forethought in 'plans' around here.”

Letter writers caution against being "ambassadors” for our region

Generous donations provide relief for drought-stricken families

GIDDY UP: Kadence Wilson with her parents John and Kimberley with one of the donated former racehorses.

FOR many families, the ongoing drought has brought devastation.

Seqwater warns of blue green algae threat

When blue green algae forces the closure of Borumba Dam, the local economy of Imbil is heavily impacted.

Lake Borumba visitors warned about potential blue green algae

Local Partners

Generous donations provide relief for drought-stricken families

FOR many families in Central Queensland, the ongoing drought has brought devastation to farmers and business owners.


Seqwater warns of blue green algae threat

When blue green algae forces the closure of Borumba Dam, the local economy of Imbil is heavily impacted.

Lake Borumba visitors warned about potential blue green algae

THINGS TO DO

Looking for something to do?

David Attenborough on facing his mortality

Sir David Attenborough in a scene from the TV special The Death of the Oceans.

Life without Sir David Attenborough is hard to imagine

Do you want to build a snowman?

You'll love this quick and easy craft project.

Goooodbye Hamish and Andy (from our radios)

Hamish and Andy

The pair have been on air since 2006

Saying "I do" changed Shia's outlook on marriage

Shia LaBeouf has a new outlook on marriage since he tied the knot.

Singer tunes in to first movie role

Tori Kelly voices the character Meena in the movie Sing.

Musician Tori Kelly voices Meena the teenage elephant in Sing

Cricketing greats bring Aussie mateship to commentary box

Cricket commentator Adam Gilchrist.

ADAM Gilchrist enjoys the fun of calling the Big Bash League.

Chinese locked out of Australian property market

The rules are different if you're a foreigner

The buyer was from China - the trouble started right there

Morrison signs off on new affordable rental model

Australia's Treasurer Scott Morrison speaks during a press conference after a meeting of the Council of Federal Financial Relations at Parliament House in Canberra, Friday, Dec. 2, 2016.

Scott Morrison signed off on development of a new financing model

Coast high-flyer's fight back from bankruptcy, $72m debt

Scott Juniper went from millionaire developer to declaring bankruptcy in2012, now he is back on top of his game again with new developments including this one in Coolum.

'Apocalyptic lending storm' causes financial collapse.

How your home can earn you big $$$$ this Christmas

This luxury Twin Waters home rents out over Christmas for more than $6000 a week.

Home owners earning thousands renting out their homes this Christmas

Ready to SELL your property?

Post Your Ad Here!