Australian wine needs new identity after tariffs
Could a Hollywood star revive Australia’s wine industry? A prominent winemaker thinks so, amid calls for a bold new push to sell Australian wine to the world.
Agribusiness
How the El Nino threat toppled our cattle market
When the Bureau of Meteorology issued warnings of an El Nino event in 2023, spooked livestock producers flooded markets with their animals, resulting in prices cratering.
Grain demand a growth industry despite economic challenges
Labour challenges have eased for Australia’s grain industry and there are opportunities from decarbonising the economy, GrainCorp chief Robert Spurway has told the 2024 CEO Survey.
‘BOM got it so wrong’: Qld farmers’ anger after crops destroyed
Queensland’s wild weather has hit local agribusinesses to the point where some may shut, with one local boss questioning the Bureau of Meteorology’s forecasting.
Winemaker raises a glass to US amid glut
After a tough year, winemaker Chester Osborn says his McLaren Vale empire is solvent and is looking to US drinkers to soak up the huge oversupply of Australian wine.
Jarden’s stunning turnaround from losses to $30m profit
Jarden is celebrating after a late-year surge propelled the Kiwi-headquartered investment bank to forecast a $30m profit this financial year.
Exotic mushroom producer’s last ditch bid for survival
A last ditch plan to save an exotic mushroom producer hit by a slump in sales following a suspected poisonings case in Victoria has been pitched to creditors.
Shareholders slam Elders on succession, pay
Elders chair Ian Wilton has defended a decision to reappoint managing director Mark Allison after the company copped a resounding first strike on pay.
Sending city businesses bush is not effective
Politicians frequently push for the relocation of businesses to regional areas, but research shows that one-size-fits-all policy just doesn’t work.
Farmers cheer as China’s trade beef declines
Revelations that three Australian abattoirs have had their Chinese licences restored raises hopes the wine and lobster export industries could soon get some positive news.
Weed wizards take tech to the world
A South Australian company helping farmers win the battle against weeds is taking its technology to the world, with a new product designed for northern hemisphere conditions.
Billionaire scoops up Clean Seas Seafood stake
Clean Seas Seafood has added a significant player to its register, with a billionaire with large aquaculture holdings buying in.
$800m legal claim on live cattle ban
The Albanese government is being pressed to settle a legal claim from the cattle industry 14 years after the Gillard government shut down the live cattle trade to Indonesia overnight.
Carbon captures the attention of farmers’ lawyers
Farming advocacy groups are preparing to take legal action against a proposed carbon project, fearing it will put the nationally significant underground water supply at risk.
Struggling cheese maker mulls options for future
SA dairy producer Beston Global Food Company will appoint a corporate adviser to turn its fortunes around, while also selling assets to whittle away at its large debt.
‘We’re growing food for the world’: Farmers in mining battle
Are critical minerals more important than agricultural land? In the rich fields of Victoria’s Wimmera area, farmers reckon they face the fight of their life as miners muscle in.
Job fears as Vic mushroom poisoning hits SA operation
The future of an exotic mushroom operation in Adelaide hangs in the balance as sales dip in the wake of the suspected death cap mushroom poisonings in Victoria.
‘Won’t stand for it’: Plibersek orders salmon farming review
Tanya Plibersek has triggered a review of salmon farming in Tasmania’s Macquarie Harbour, in a decision that could see fish pens banned – a move industry says could cost hundreds of jobs.
Bananas: Rocklea market’s Perth bid raises ire
Brisbane Markets, one of the country’s biggest fresh produce suppliers, aims to become king banana in the nation’s $4.5bn fruit and vegetable sector but not everyone is pleased.
Art of consensus: MONA tackles forest wars
Having transformed Tasmania economically, socially and artistically, the Museum of Old and New Art is now turning to an arguably more challenging task: ending the state’s forest wars.
RBA is more hawkish under Bullock
Financial markets should be waking to the realisation that the RBA has ushered in a new era of hawkishness and potential rate hikes next year.
A cry from the bush on Black Friday: don’t forget about us
Technology has revolutionised rural business but it’s also increased the pressure from global competitors and that’s why the internet sales phenomenon Black Friday is not all good news.
Crowd fund cash to take Qld cult favourite farm global
A much-loved Queensland camel farm and dairy is set to expand after a crowd funding campaign delivered close to $700,000, and it’s aiming to take its award-winning milk products global. Here’s what’s in store.
Australia’s 450 million litre wine glut a ‘big challenge’
Australian wine production has plunged to its lowest level in 16 years, but producers still face a red wine glut as they cling onto hopes of a Chinese revival.
Changes needed for mining, farming to thrive
Australia’s mining and agricultural sectors are world-leading, primary industries we can be proud of, but common-sense changes are needed to help them survive and prosper.
Caution urged over China’s barley revival
Barley exporters are ramping up shipments to China, but they’re being urged to maintain links with emerging markets that helped to fill a three-year void.
GrainCorp declares $50m buyback, eyes fresh opportunities
GrainCorp’s shares rallied after it declared a special dividend, $50m share buyback and an upbeat outlook for the agribusiness giant.
AACo reports profits fall on lower cattle prices
Australian Agricultural Co, majority owned by under-fire British billionaire Joe Lewis, suffered a drop in profits due to ongoing oversupply of cattle.
Nufarm surges on bullish seeds outlook
Investors have welcomed Nufarm’s full-year results, and the bullish outlook for its fast-growing seed technologies.
Elders surges on bullish outlook
Elders boss Mark Allison says the rural services company is well placed to weather the long and dry summer forecast fuelled by El Niño.
Original URL: https://www.theaustralian.com.au/business/agribusiness/page/11