Live sheep ban to clip wool growth
A new report reveals the knock-on effects of the Albanese government’s plan to end live sheep exports.
Agribusiness
Urea panacea underlines need for regional food security
Indonesia’s Pupuk Kalimantan Timur is investing more than $2bn in AdBlue urea, soda ash and ammonia plants for the Australian market.
Could canola replace fish oil and become a $1bn industry?
As the world’s fish stocks come under pressure, agriculture group Nufarm is set to be rewarded for its canola omega-3 oil – a market set to be worth almost $1bn in a few years.
AACo profit soars as people pay more for beef, farms
The beef giant, which is at the centre of a billionaire battle between Joe Lewis and Andrew Forrest, has shrugged off cost of living pressures to post ‘one of its strongest results’ in memory.
Nufarm the ‘new wellhead’ in global oil production
Australian agribusinesses are increasingly pivoting from dealing into farm commodities to energy, with Nufarm reaping the benefits of its push into biofuel.
Brits primed for a taste of tariff-free Aussie beef
British consumers struggling with record cost-of-living pressures will enjoy accessing Australian beef from June 1 – without what equates to a 20 per cent tax.
Flat beer sends United Malt into loss, scraps dividend
The world’s fourth-largest maltster has swung to a loss and scrapped its interim dividend as falling beer sales and one-off costs dent its bottom line.
Prime beef off menu as cost of living bites
Australian households are expected to cut back on beef this year as high retail prices and cost of living pressures force consumers to look for cheaper meat alternatives.
Meet the Aussie oil giant you’ve never heard of
Biofuel is a growing part of GrainCorp’s business, with the company allowing Australians to fill up their cars and have their breakfast cereal.
The blueprint for a faster, smarter, tech-savvy ASIC
The ASIC boss is planning to remake the corporate regulator into a modern crime fighting machine.
World’s their oyster as Roc shells out the cash
Australia’s Oyster Coast, which is 75 per cent owned by Roc Partners, is launching a new consumer brand as it looks to bolster production and eyes its first export markets.
Meat shortage possible amid critical carbon dioxide woes
Meat processors report a ‘serious shortfall’ in carbon dioxide, which is critical in the processing and manufacturing of products.
Why Japan’s Kirin is paying a premium for Blackmores
It was a now or never moment for Japanese food giant Kirin to make its $1.9bn move on vitamin house Blackmores.
Wine giant to sell off iconic Riverland vineyard and centre
One of SA’s best-known wine centres and cellar doors is on the market – including its historic wetlands – with a global wine giant looking to lease it back.
Boom in farm land prices to slow this year
The agricultural land price boom is expected to continue through 2023 although growth is set slow after three years of massive increases.
‘End the line at Toowoomba to save $10bn’
Ending the Inland Rail line at Toowoomba, instead of Brisbane, would save $9bn – about a third of the project’s cost, proponents say.
Top Riverland winery hits the market
One of the country’s largest organic wine producers and a top 20 wine company has hit the market in the Riverland.
‘Positive vibes’: Barley review raises hopes for Chinese trade
Hope is rising that China could remove tariffs on trade worth $20bn annually as one NSW operator signs a deal to supply black Angus beef to Sichuan province once relations improve.
Rinehart’s S. Kidman & Co. closes on sale of four cattle stations
The buyers of four cattle stations across the NT and Queensland owned by billionaire Gina Rinehart’s S. Kidman & Co. have been revealed.
Rinehart’s Kidman sells four cattle stations
The historic properties were put up for sale in November, prompting months of rumours about who would take over the holdings.
Why did the chicken cross the road? Ask AI
Artificial Intelligence is being touted as a solution to labour shortages in the egg industry.
Barossa’s oldest family-owned wine brand sold off
A historic Barossa Valley wine brand – and its winery near Lyndoch – have been sold to two family-owned producers.
Beston warns on earnings outlook
Beston Global Food Company says cost increases and commodity price falls have led to a significant earnings downgrade.
Shareholders split over $1.5bn United Malt takeover
United Malt says it was first approached with a $4.15 per share takeover from French malt giant in December and eventually got that pushed up to $5 a share.
Weather hits ag stocks with Duxton flagging a large impact
Agricultural companies are downgrading their expectations with weather a major factor as rural sentiment dips.
Cattle prices fall but beef won’t follow
Cattle prices have fallen to their lowest in two years but a resurgent export market and inflation is limiting cheaper beef prices in butcher shop windows.
Fonterra mulls plant-based dairy to avoid ‘Kodak moment’
Plant-based foods are yet to take ‘significant market share anywhere’, says Fonterra Australia boss René Dedoncker, but he doesn’t want to be blindsided by the rising vegan trend.
Agribusinesses’ diversity push trumps indigenous efforts
Aussie agribusinesses are focusing on gender diversity at the expense of indigenous reconciliation, but how do they rate in carbon reduction and other social changes?
Rising anxiety among farmers over super changes
Agribusiness Australia has slammed the federal government’s proposed tax changes for superannuation funds over $3m, saying it may hurt farmers who had their properties in super.
Winestate magazine ends 45 year run
Winestate magazine, which has covered Australia’s wine industry since the late 1970s, has published its final edition.
Original URL: https://www.theaustralian.com.au/business/agribusiness/page/16