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Portfolio note · Tuesday 16 June 2026

Portfolio — 16 June 2026

Tribune’s note

Minister for Agriculture, Fisheries and Forestry Julie Collins announced on 16 June that the Government has secured three additional shipments totalling approximately 98,500 tonnes of urea for Australian farmers through the $7.5 billion Fuel and Fertiliser Security Facility, in partnership with Incitec Pivot, CSBP, and Summit Fertilizer [TA-260616-agricu-387b69db40b8:mHWM].

The shipments are expected to arrive in Australia within weeks and bring cumulative urea secured under the Facility to around 340,000 tonnes.

The announcement marks a further milestone in the Government's response to the Middle East supply disruption that began in February 2026. Since that escalation, approximately 1.4 million tonnes of urea have been processed through Australia's biosecurity system, with streamlined border processes introduced specifically to accelerate fertiliser availability to farmers [TA-260616-agricu-387b69db40b8:mHWM].

The scale of that clearance effort — 1.4 million tonnes in roughly four months — signals a sustained operational tempo at the border, not a one-off intervention.

Taken together, the Facility has now delivered around 340,000 tonnes of urea, around 740 million litres of additional diesel, and around 150 million litres of additional aviation fuel [TA-260616-agricu-387b69db40b8:mHWM]. The urea, diesel, and aviation fuel volumes together frame the Facility as a broad agricultural and supply-chain stabilisation instrument rather than a narrowly fertiliser-focused one.

Today's announcement follows the portfolio's 15 June commitment of $1 million to Indonesia's lumpy skin disease response. The two moves in consecutive days reflect a dual posture: reinforcing domestic input supply while sustaining regional biosecurity partnerships. Both sit within the same portfolio logic — managing the downstream risks to Australian agriculture from external shocks, whether a Middle East supply disruption or a regional livestock disease outbreak.

Primary records (1)

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