Wine, lobster and wool industries will benefit most from an interim agreement inked between the two countries.
But dairy, beef and chickpea produce have been notably left out of the deal.
Rural editor Sophie Clarke caught up with EastAUSmilk co-chief executive Shaugn Morgan to get his take.
Falling dairy prices are a double-edged sword that benefits consumers and manufacturers, but pinches farmers’ margins and threatens additional challenges later in the year, cautioned Mike McCully, independent dairy consultant for The McCully Group, shared during a recent Dairy Deli Bakery Association webinar.
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