logging in or signing up richard haire Petronilla Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 46 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: January 28, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript QMAC 2003 Maximising Trade – Minimising Risk Dealing with Primary and Secondary Markets : QMAC 2003 Maximising Trade – Minimising Risk Dealing with Primary and Secondary Markets Richard Haire Chief Executive Officer Queensland CottonBackground: Background In Australia there are approx 1,500 cotton growers. Total Australian cotton growing area is approximately 500,000 hectares (70% in NSW, 30% in Qld). 30% of production is genetically modified. More than 20% of global cotton uses genetically engineered varieties.Why GMO Cotton?: Why GMO Cotton? Insect resistance the number one driver. To minimise risk. To promote sustainability. To increase efficiency/productivity. Herbicide resistance is a secondary driver. Primarily driven by efficiency.Did the primary market (ie producers) respond?: Did the primary market (ie producers) respond? Absolutely. INGARD cotton has been commercially available since 1996. Strict protocol required, observed and policed. Since 2001 INGARD cotton has been grown on 30% of the Australian cotton growing area. In the 2002/03 season more than 95% of farmers planted INGARD cotton.Has it achieved its objectives?: Has it achieved its objectives? Yes. Reduced insecticide sprays. Decreased resistance developed to conventional insecticides. Improved pest control efficiency. Increased survival of beneficial insects. Reduced water, soil and air contamination. Cost savings associated with reduced spray applications.What about the markets for production?: What about the markets for production? Primary Product Raw cotton 95% exported – primarily to Asia. Total market acceptance. No demand for segregation of genetically modified material. Quality drives preferences.What about the product?: What about the product? Secondary Products Cotton seed (10% of total farm gate value) 1 millions tonnes produced annually in Australia. 40% processed for oil and meal. 60% sold unprocessed.What about the product?: What about the product? Secondary Products Cotton seed oil Refined and packaged locally. Margarines and cooking oil. Cotton seed meal Fed to local livestock (dairy and beef) industries.Will it inhibit trade?: Will it inhibit trade? Unlikely in markets for cotton lint. Potentially in cotton seed products. Markets will choose between science and politics. Will environmental sustainability rate? Politics of consumer preference Science of the environmentMinimising the risk of trade: Minimising the risk of trade Production risk management benefits exceed market costs. Not what we use, it should be about how we use it. Australian industries Best Management Practice codifies our community responsibilities. You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
richard haire Petronilla Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 46 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: January 28, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript QMAC 2003 Maximising Trade – Minimising Risk Dealing with Primary and Secondary Markets : QMAC 2003 Maximising Trade – Minimising Risk Dealing with Primary and Secondary Markets Richard Haire Chief Executive Officer Queensland CottonBackground: Background In Australia there are approx 1,500 cotton growers. Total Australian cotton growing area is approximately 500,000 hectares (70% in NSW, 30% in Qld). 30% of production is genetically modified. More than 20% of global cotton uses genetically engineered varieties.Why GMO Cotton?: Why GMO Cotton? Insect resistance the number one driver. To minimise risk. To promote sustainability. To increase efficiency/productivity. Herbicide resistance is a secondary driver. Primarily driven by efficiency.Did the primary market (ie producers) respond?: Did the primary market (ie producers) respond? Absolutely. INGARD cotton has been commercially available since 1996. Strict protocol required, observed and policed. Since 2001 INGARD cotton has been grown on 30% of the Australian cotton growing area. In the 2002/03 season more than 95% of farmers planted INGARD cotton.Has it achieved its objectives?: Has it achieved its objectives? Yes. Reduced insecticide sprays. Decreased resistance developed to conventional insecticides. Improved pest control efficiency. Increased survival of beneficial insects. Reduced water, soil and air contamination. Cost savings associated with reduced spray applications.What about the markets for production?: What about the markets for production? Primary Product Raw cotton 95% exported – primarily to Asia. Total market acceptance. No demand for segregation of genetically modified material. Quality drives preferences.What about the product?: What about the product? Secondary Products Cotton seed (10% of total farm gate value) 1 millions tonnes produced annually in Australia. 40% processed for oil and meal. 60% sold unprocessed.What about the product?: What about the product? Secondary Products Cotton seed oil Refined and packaged locally. Margarines and cooking oil. Cotton seed meal Fed to local livestock (dairy and beef) industries.Will it inhibit trade?: Will it inhibit trade? Unlikely in markets for cotton lint. Potentially in cotton seed products. Markets will choose between science and politics. Will environmental sustainability rate? Politics of consumer preference Science of the environmentMinimising the risk of trade: Minimising the risk of trade Production risk management benefits exceed market costs. Not what we use, it should be about how we use it. Australian industries Best Management Practice codifies our community responsibilities.