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Agriculture

This Month

Elders chief executive Mark Allison was rehired in the top job in June 2023 after starting as CEO in 2014. The Elders board received a heavy protest vote for a second year running at the agm on December 19 for its botched handling of succession at the company.

Succession drama at Elders triggers huge protest vote again

A botched succession planning process where CEO Mark Allison was re-hired after the company signalled that he would be stepping down has enraged shareholders.

  • Simon Evans
Farmland with permanent crops like macadamia trees has fallen sharply in value this year.

Orchard and vineyard values down 15pc as livestock farms rally

Farmland planted with permanent crops such as wine grapes and nuts has fallen 15pc on average over the past 12 months, according to a key index.

  • Larry Schlesinger
About 75 per cent of Australia’s table grapes come from the Sunraysia region near Mildura and Robinvale in north-west Victoria.

Why grapes (for eating) are so expensive

Australians are increasing consumption of table grapes in a near $1 billion industry whose exports to China were unscathed when the wine industry was hit hard by tariffs.

  • Simon Evans
The pace of testing will depend on whether virus is detected in initial sampling, said Rosemary Sifford, USDA’s chief veterinarian.

US issues order mandating bird flu testing of milk supply

The virus has infected more than 500 dairy herds in top milk state California, and more than 700 nationwide since March.

  • Leah Douglas
Jeremy Clarkson at the farmers’ protest against inheritance tax in central London.

‘Authentic’ Jeremy Clarkson tops polls in disaffected, desperate UK

His shift from Top Gear cars to Diddly Squat cows has so enhanced Clarkson’s everyman appeal that people are asking if a political future beckons.

  • Hans van Leeuwen
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How salmon could cost Labor majority government

A fierce backlash over a review into fish farming in Macquarie Harbour in the state’s west that is costing the party votes in battleground electorates.

  • Ronald Mizen
Anthony Albanese and Chinese President Xi Jinping met on the sidelines of the G20 summit.

End of sanctions as China lifts bans on beef

China has removed sanctions from two Australian abattoirs, bringing to an end an avalanche of tariffs and de facto bans that began four years ago.

  • Phillip Coorey
Fresh Produce Group has farms across country to produce fruit for its various brands including Treviso, Fruitico, and SmartBerries.

Macquarie buys $175m stake in fresh fruit producer

Macquarie Asset Management adds a controlling stake in one of the country’s largest citrus, berry and table grape producers to its $4.7 billion agricultural portfolio.

  • Campbell Kwan

November

 Australian Power Equipment founders Abby Crawford and Andrew Cockbain: A reputation for problem solving

The ‘bad habit’ that turned into a $7.5m business opportunity

Using refurbished components to overcome supply shortages for renewables projects turned into a lucrative business.

  • Agnes King
A tractor pulls a seeder and plow over a wheat field near Gunnedah, NSW. Elders is the largest seller of farming supplies in the country.

Elders supercharges agribusiness consolidation with $475m Delta buy

One of the country’s largest farm services groups is buying its private equity-backed rival in a deal expected to be scrutinised by the competition regulator.

  • Updated
  • Simon Evans
GrainCorp handled less grain in 2024 than the previous year

GrainCorp profit dries up as weather and competition bite

Chief executive Robert Spurway says that crop variability in Australia and strong overseas production have dented earnings.

  • Mark Wembridge

IPF spreads a little wisdom to keep farmers in fertiliser

Incitec Pivot Fertilisers has won the Established Business to Business category in The Australian Financial Review Customer Champions list 2024.

  • Alexandra Cain
Australian financier Lex Greensill has scuttled a project to buy a 502-acre tract of park and farmland next to his home in Saughall, England.

Lex Greensill scuttles English farm project

The fallen financier says he is – for now – no longer buying a 502-acre tract of park and farmland in his home village, Saughall, amid an entrenched local rift.

  • Hans van Leeuwen

October

Cobram Estate co-founder Rob McGavin is in the sights of powerful proxy firm CGI Glass Lewis.

Cobram Estate shows AGM season proxy advice can be a slippery slope

Annual shareholder meetings often bring out the nitpickers. A push against the founder and chairman of the ASX-listed olive oil producer is a prime example.

  • Anthony Macdonald
Ratepayers’ council secretary Lynne Bodell and president Chris Roche want Inland Rail to build a bypass around Wagga Wagga.

Why $31 billion will not be enough to build Inland Rail

Australia’s grand plan to transport goods by rail from Melbourne to Brisbane in less than 24 hours is cutting corners to stay on track, say residents of one city on the route.

  • Jenny Wiggins
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Coex lends to small-to-medium enterprises in need of trucks and trailers, or equipment for construction, manufacturing or agriculture.

Equipment financier Coex Capital secures $200m warehouse, fresh equity

A major Australian bank provided the senior funding while credit fund Alexander Funds tipped in mezzanine debt.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Ed Peter.

Ed Peter’s Duxton Pubs dangles 2025 IPO as it seeks $35m

Some parts of Peter’s South Australian business empire have come under pressure as investors get cold feet.

  • Primrose Riordan and Sarah Thompson
Ellerston Capital's Ashok Jacob.

Project Crescent: Ellerston taps into WA’s wheat belt with agri bet

The deal terms mean it can force an IPO of the leading John Deere agricultural equipment distributor after three years.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Ryco’s filters bolt on to the front of the cab and only take a few minutes to fit.

‘The cabin is the driver’s office’ for filters maker Ryco

Ryco’s fine-particle vehicle filters offer a medical-grade ‘face mask for your truck’ – a game changer for the health of commercial transport drivers.

  • Sylvia Ramsay
Johnny Kahlbetzer at Beppi’s, a favourite of his billionaire father’s.

Meet the farmer billionaire who wants you to do nothing about climate

Johnny Kahlbetzer knows humans won’t change anything just for the planet’s sake, so he’s obsessed with backing technology that’s not only greener, but better and cheaper.

  • Michael Bailey

Original URL: https://www.afr.com/topic/agriculture-1n7n