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Dire warning for food prices with wartime fuel shock

There are warnings prices of perishable food could spike by as much as 50 per cent as service stations impose fuel restrictions amid a wave of panic buying.Fuel is running low in regional parts of Australia as farmers warn shoppers could be in for a rude shock at the check out.Service stations in the regional Western Australian towns of Kulin and Corrigin have placed temporary restrictions on fuel due to uncertain deliveries and panic buying.Shipping has been disrupted through the Strait of Hormuz, one of the world's most important oil corridors, by the escalating war in the Middle East.Fuel shortages and price hikes are creating headaches for farmers on the cusp of harvesting summer crops and planting for winter, National Farmers' Federation president Hamish McIntyre said."The conflict in the Middle East reiterates how Australian farmers are at the mercy of geopolitical tensions because of their heavy reliance on imported inputs and export markets," he said."Livestock exports have been disrupted and we expect farmers will soon face higher fuel and fertiliser prices."Without fuel and fertiliser, farmers simply can't get food and fibre to consumers."If constraints on fuel and fertiliser continue, Mr McIntyre warned costs on perishable goods such as dairy, fruit and vegetables could rise by 40 to 50 per cent."It's a double effect - it's cost of delivery, plus cost to farmers that will add up to a greater cost for consumers in our supermarkets."Energy Minister Chris Bowen, Agriculture Minister Julie Collins and Industry Minister Tim Ayres were scheduled to meet on Tuesday with officials from the National Farmers Federation, oil companies and the trucking industry.Australia had 32 days worth of diesel as of Tuesday morning, Mr Bowen confirmed.He acknowledged there had been a "massive spike" in demand, particularly in regional areas, but insisted domestic fuel stocks were as high when the crisis began."We have enough diesel in Australia for our needs for the foreseeable future, and there is absolutely no need for panic," Mr Bowen told reporters.Refineries were meeting their contracted obligations but not able to facilitate extra orders because of demand-side pressure, he said.G7 finance ministers and the International Energy Agency left a meeting on Monday without agreeing to release strategic crude reserves.Mr Bowen said the Albanese government wouldn't hesitate to use the minimum stock obligation if the Middle East conflict threatened domestic fuel security.Opposition energy spokesman Dan Tehan said the Australian economy relied on diesel and accused Mr Bowen of "sitting on his hands"."If he's right ... then what is he doing to make sure it's distributed evenly across the country so that we don't have certain areas and certain industries and key industries that are missing out," he said.Average prices of unleaded petrol have soared past $2 a litre in every capital city except Perth, with the consumer watchdog warning retailers against giving false or misleading reasons for price increases.Australian Association of Convenience Stores chief executive Theo Foukkare called for motorists to stay calm at the pump."All deliveries into the country over the last few days have arrived as scheduled," he said.
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PICK OF 3 FULL FLUSH HEIFERS
Palgrove Charolais
· Flush · Charolais · Sire: PLEASE SEE CATALOGUE · Dam: PLEASE SEE CATALOGUE · PK25W83E, PK25W44E, PK25W53E (Pick of 3 flush sisters) True to our word, when we release females of this calibre it’s a genuine opportunity to secure the very best our program has to offer — something we don’t do more than twice in a decade. These three full flush sisters, all from one of our elite donor females, represent a rare chance for new or established stud breeders to invest in a future donor female with enormous upside. We couldn’t split them, so the choice is yours — and what a statement they would make at the World Congress in Brisbane this August. They are out of a proven donor female and sired by Rockerfella, who sold to the Ascot Stud for $100,000 in 2022. His first sons featured in last year’s sale, with 20 sons selling to average $20,737, underlining the consistency and demand for this sire line. They also have a full flush brother from the same program who is something truly special. If we don’t retain him, he will feature as a highlight bull in the yearling section of our September sale. Their dam has an outstanding production record, with 20 recorded progeny before the age of five, returning over $100,000 in her first year of sales from just five progeny. This included Ultrahot, who sold to Futurity Charolais for $40,000, and another daughter who sold to Black Duck Charolais for $18,000 as a 10-month-old heifer, who has since entered their donor program. The granddam is also a prominent donor with progeny reaching $36,000. A further first-calf Landmark daughter retained in our herd and full sister to Ultrahot ($40,000) was flushed this year, producing 14 eggs, reinforcing the exceptional fertility and consistency of this female line. You take the choice — and ‘Make your Mark’ on the Charolais breed.
$/Head Described
30 AI'd PTIC Cows
OUTWEST ANGUS 100% Angus / Angus · 650.4kg live · Exellent quality Outwest Angus stud cows AI’d and PTIC. P/R/R. Drops! Have weaned off big calves 03/03/26. 17 S drop cows same sale.
WHP/ESI Assessed
ALPINE GOALKEEPER V299
Alpine Angus
· Bull · Angus · Sire: BALDRIDGE SR GOALKEEPER · Dam: ALPINE SUZY R267 · Soft made Goalkeeper son with moderate Birth and balanced Carcase attributes. Deep bodied dam is by Muzza, a flush brother to donor dam M242 and AI sire M268. V299 combines low Birth with top 25% 400 day WT & Carcase Wt, 13% Docility, positive fats & top 10% IMF.
$/Head Described
17 AI'd PTIC Cows
OUTWEST ANGUS 100% Angus / Angus · 592.9kg live · Excellent quality Outwest Angus stud cows AI’d and PTIC. S drop cows! Big calves weaned 0f 03/03/26. 30 P/Q/R drop cows also available this sale
WHP/ESI Assessed
28 Weaned Heifers
NJ & SN SMITH 100% Angus / Angus · 353.2kg live · 28 TOP QUALITY 9-10 MONTH OLD ANGUS WEANED HEIFERS THAT ARE PRESENTING IN FORWARD STORE CONDITION. FARRER, BOOROOMOOKA & TE MANIA BLOODLINES. A RARE OPPORTUNITY TO PURCHASE BEAUTIFUL QUALITY HEIFERS.
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ALPINE TESTAMENT V215
Alpine Angus
· Bull · Angus · Sire: TEHAMA TESTAMENT · Dam: ALPINE LONGSHOT P354 · V215 is one of the bulls in this mob that's always caught the eye. Long bodied, very quiet with big testicles and great growth and one of 7 flush brothers in this group. These Testaments out of P354 should produce great females also. Top 15% 400 Day Wt, 1% Scrotal, positive fats, good EMA 7 top 25% Structural data.
$/Head Described
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