AgWatchers: Future Flock, China risk and the search for new markets
AgWatchers Podcast
This week on AgWatchers, Jo Hall, CEO of WoolProducers Australia, joins Matt and Andrew to discuss trade concentration, industry politics and what it takes to rebuild confidence after a prolonged downturn.
Nearly 90 per cent of Australian wool exports are sent to China. China is an important and heavily invested trade partner, but that level of concentration leaves growers and the broader supply chain exposed if trade is disrupted.
Jo explains the work being done to develop complementary markets in Bangladesh, India and Vietnam. Each offers something different, from unused processing capacity to a large textile and garment industry, but creating meaningful new demand is a long-term project rather than a quick replacement for China.
The conversation also turns to the Future Flock strategy and WoolProducers Australia’s decision not to formally participate in its initial development. Jo outlines the organisation’s concerns around governance, funding, consultation and the original delivery timetable, while leaving the door open to future involvement if the process can deliver a robust and practical strategy.
There is also discussion about the recent wool price recovery, whether better returns can rebuild grower confidence and why livestock supply cannot simply be switched back on after seven difficult years.
As always, there is plenty of AgWatchers nonsense along the way, including Pearl Jam, Platoon, wandering elephants in Bangladesh and a pop quiz about Australian agriculture’s other great dependence on China.
Listen to the full episode now by visiting episode3.net/links.