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Macadmia sector getting serious in Australia

According to the Australian Macadamia Society (AMS) at the March MacGroup and Food Heroes forum in Bundaberg last week production of macadamia nuts is in the final stages of going from a boutique to a professional industry.

More than 100 industry representatives, including growers, gathered to hear the latest marketing, levy, expansion, crop and financial updates.

The figures listed for the macadamia industry would make many other agriculture sectors envious. Over the past six years the Australian macadamia industry has enjoyed an 8 per cent annual growth while the average gross income is more than $17,000 per hectare.

Within that, the Bundaberg region has been achieving a 12pc annual growth for the same period, catapulting it to being the largest macadamia-producing region in the country.

In his address to the gathering, AMS chief executive officer, Jolyon Burnett, announced the 2017 crop forecast at 54,000 tonnes nut-in-shell (NIS).

source: queenslandcountrylife.com.au

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