Livestock financier Agrifunder up for sale
Nomura and family office-backed Agrifunder, which provides finance for livestock owners to finish stock, has been placed in administration.
Agribusiness
Push for $220m revival of Eyre Peninsula rail line
Grain handler Viterra and rail operator Aurizon are lobbying government for funding to support a $220m revival of the Eyre Peninsula rail line.
9000BC proved to be a vintage year for wine
Groundbreaking research into genetic history of vines reveals humans were growing grapes at very dawn of agriculture, 11,000 years ago.
Why global commodities buyers are requesting ag transparency
For global buyers of Australian grain, oilseeds and cotton, sustainability credentials are shifting from ‘nice to have’ to ‘must have’. Here’s how CBA is supporting growers in that process.
Carbon-hungry soil fodder for food companies
Some of the world’s biggest food companies are working with farmers to move towards regenerative practices to increase soil nutrients, as well as carbon dioxide yield.
China trade won’t rebound quickly: Rabobank
China’s re-opening after strict pandemic restrictions is unlikely to translate to a return of booming trade amid fragile business and consumer confidence, Rabobank warns.
Beston’s recovery takes hold
Beston Global Food Company’s turnaround program appears to be gaining traction with the company’s first half loss dropping and the revenue outlook for the full year on track.
Murray cod boom is no fishy story
Demand for Murray cod is soaring, with Victoria and Queensland governments wooing an ASX-listed producer to set up factories within their borders.
QLD couple’s $12m cash injection to build robotics empire
A Queensland farming couple have received a $12m cash injection to build their robotic fleet that is revolutionising agriculture.
Price hikes ‘not only answer’ to inflation: A2 Milk
The trans-Tasman dairy group’s interim profit soared, largely thanks to China sales, while its CEO cautioned companies about constantly seeking price rises.
Seafarms puts $1.5bn prawn farm project into administration
The future of one of the world’s largest proposed prawn farms is in doubt after Seafarms Group called in voluntary administrators for the $1.5bn Northern Australian project.
Nation’s $45.5bn wine industry hopeful of end to China tariffs
The tariffs placed by an angry Beijing on Australian wine in 2020 snuffed out a $1.3bn export market, but there are now new hopes of a resolution that could open China again to winemakers.
Farmers’ hopes of bumper year dashed as rates bite
Rabobank says farmers are likely to get ‘good prices’ but there will not be a repeat of the stellar levels of 2022 as the global economic outlook deteriorates and input costs rise.
Iconic Barossa horse stud back in SA hands
Iconic horse stud Lindsay Park is back in local hands, with an SA farming family revealing plans to breathe new life into the historic property.
Wine exports fall as US becomes top destination
Australian wine exports to the UK have fallen as the fallout from Brexit and the pandemic continue, while China is now a minnow in terms of our overseas wine trade.
Monstrous appetite for Tesla gigafactory
Tesla is set to become the largest Western batteries producer, thanks to a huge gigafactory expansion. If, that is, miners can manage to keep it fed.
Dust to settle after stellar year for agribusiness deals
Despite floods that wreaked havoc on farms on the east coast of Australia, the agribusiness sector will be strong in 2023 but growth in values will slow.
Coles bids to contain spiralling milk prices
Farmers are being offered record prices for their milk but Coles is taking a longer-term view to shore up supply and help steady the cost at the checkout.
Cotton farmers bank on bumper harvest
He didn’t want to admit it at the time, but there was a period late last year when cotton and grain farmer Tristram Hertslet hoped the rain would stop.
Spitting chips: Inside Australia’s potato shortage
Chips on the beach – a summer tradition – has become the next iceberg lettuce as potato prices soar and Coles and Woolworths introduce buying limits.
Care for some caviar? Our next aquatic export gem
South Australia’s decade-long work with the commonwealth means Australia could soon become an exporter of the world’s favourite fish roe.
Costa seeks to cash in as China cuts Covid tests
Costa Group has welcomed the announcement by China’s Customs that it will drop testing for Covid-19 on cold-chain food.
Cotton bales stacking up to $3.4bn for 2023
The Australian cotton industry expects to produce more than five million bales next year, despite planting woes on many flood-damaged farms in NSW.
Meat industry primed for new China talks
The meat industry wants dialogue with Chinese authorities to resume the $4bn export trade, the Australian Meat Industry Council says.
Mango madness as prices plummet to $1.50
Queensland’s mango farmers are taking a pre-Christmas hit to their bottom line as a glut of the fruit caused by warm weather across northern Australia sends prices plummeting.
Glimmer of hope as wheat harvest gets underway
For Victorian growers on raised or undulating country, harvest 2022 hasn’t turned out quite so badly as initially feared.
US feeder cattle drop to lowest number in five years
The number of cattle on feed in the US is falling, and it’s boosting imports from some countries. Full figures here.
Meat industry cut to the bone
Alarm bells are ringing through the entire meat industry with predictions available worker numbers cannot process increasing stock, leading to oversupply and checkout pain.
China’s Aussie dairy dominance
With Penny Wong heading to China this week, Australian dairy is one of the success stories in Sino-Australian trade relations.
Chinese customs move may signal trade thaw
Beijing’s powerful Customs Department has officially encouraged the buying of Aussie lobsters, Ugg boots and pearls.
Original URL: https://www.theaustralian.com.au/business/agribusiness/page/17