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Snowy Monaro Farmer - July 2023

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SNOWY MONARO

Part of the Farmer Group of Rural Newspapers – Incorporating Your Farm www.monaropost.com.au

Wednesday July 5, 2023

AGRITOURISM BOOST

AGRITOURISM: Oliver Kapetanakos from Avonside Alpine Estate is leading the region’s agritourism appeal. Photo by Lisa Hogben.

agritourism market. Olivier and Jacquie Kapetanakos who run Avonside Alpine Estate, generate income from organic mixed farming with chickens, pigs, a couple of goats, a breeding Polled Highland Cattle, and permaculture for organic vegetables. What has helped in leading the estate to becoming such a popular farm stay is the animals. They not only provide for the estate, but are also a huge attraction for guests, especially international guests, making Avonside Alpine Estate a very family-orientated place to stay. Read more about the region’s lavender industry and Avonside Alpine Estate on page 4.

ACROSS the region, emerging farming enterprises are opening their doors to the public as the agritourism industry quickly take shape in the Snowy Monaro. With the lavender industry booming throughout Australia and the Snowy Monaro, the future of a regional lavender trail is looking bright. “The Australia wide growth in lavender production and AgriFutures adopting it as one of its emerging industries has seen an amazing interest shown in our local region,” Monaro Country Lavender’s Jan Illingworth said. Avonside Alpine Estate is another of the region’s farming businesses successfully navigating the

Cattle prices to continue fall: mid-year outlook Rural Bank’s Australian Agriculture Mid-Year Outlook has found favourable seasonal conditions and strong production over the first half of 2023 ensured strong winter crop establishment and pasture growth, particularly on the east coast. Despite a positive start to the year, softening commodity prices are now impacting Australian farmers following several seasons of strong prices. The mid-year outlook,

released this week by Rural Bank, forecasts a continued fall for cattle prices in NSW as ongoing pressure from increasing supply on the market applies downwards pressure on pricing. The outlook for the second half of 2023 indicates the price differential between fine and medium merino wool will close as finer wools record larger declines with medium wools already near historic lows with the Eastern Market Indicator (EMI)

expected to remain below 1,350 cents. 2022/23 wool production in NSW is now in line with the previous season in terms of progressive gross weight and overall bales sold with volumes rebounding following NSW shearing delays. Many sheep producers have retained older ewes and Merino lambs due to the drop in sheep meat prices which will keep wool supply elevated in the back half of the season.

“A higher Australian dollar is also expected to weigh on the competitiveness of Australian agricultural exports, but overall, we expect marginal impact with our dollar still sitting below historic averages,” Rural Bank Head of Agribusiness Development, Andrew Smith, said. For wool growers, the next six months are expected to see Australian wool supply rise for the fourth consecutive year.

Soil program success PAGE 2

Agritourism with lavender PAGE 4

Cattle sales reports PAGE 5

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