Our big game-changer on carbon goals
After wool, gold and iron ore, Australia’s next potential bonanza could come from an unlikely source, saltbush. But it could be a game-changer in a world obsessed with carbon targets.
Agribusiness
Tassal investors want say on $1.04bn Canadian takeover
The salmon producer’s shares soar following a $1.04bn takeover bid from its newest shareholder, aquaculture giant Cooke.
Aussie wheat boom out of world’s reach
Supply chain difficulties will limit Australia’s ability to meet the shortfall in the global wheat market left by the Ukraine invasion, despite predictions of a third bumper crop.
‘Perfect storm’ sees beef quadruple inflation
The price of beef has shot up by 26 per cent since the end of 2019, almost quadrupling the rate of overall inflation in the same period, with the most acute hikes in Adelaide, Hobart, and Canberra.
After the flood, cotton farmer on a roll
Eight months on from November’s flood, John Hamparsum has finished harvesting an above-average cotton crop and is embarking on planting on the Liverpool Plains.
SunRice warns of ‘worsening inflation’
Global shipping disruptions and an ‘escalation’ in freight costs have hit Australia’s rice export monopoly.
Beston shares jump as new investor comes on board
Beston Global Food Company has announced two major deals with Asian partners, sending its shares higher.
AACo chief abruptly quits
The board of the country’s largest landholder had raised allegations of an office affair – one that he had strongly denied.
First sale of methane-busting cattle feed supplement
CH4 Global has taken the lead in the race to scale up Australia’s seaweed industry, securing the first sale of a methane-reducing cattle feed supplement.
Casella resists inflation price hikes amid profit boost
The family-owned winery whose Yellow Tail wine is the biggest imported wine into the US is fighting price rises to remain competitive, but can’t hold off for ever.
Packhorse Pastoral on hunt for investors to scale up
Packhorse Pastoral is talking to overseas investors and super funds and needs ‘a lot more Terry Snows’ as it targets a $5bn pool for its agriculture fund.
We’re on the way up but still in the red, Beston Global says
The dairy and meats company has cut its sales forecasts for the financial year, but is reporting improving margins.
Kahlbetzer-backed Sprout Stack growing ops
Sprout Stack, backed by the billionaire Kahlbetzer family, is looking to grow its operations ahead of talks with major supermarket retailers.
‘Under attack’: food producers
More people are moving to the country, but remote working and border closures mean food is being left to rot with nobody to pick, pack and tend to crops.
Gui to hold onto stake in Kidman
The Chinese part-owner of the once-mighty Kidman cattle empire is not withdrawing his investment from Australia, according to the chief executive of S. Kidman and Co, John McKillop.
Agriculture squeezed by costs and labour shortage
It’s clear the next six months are going to rank as some of the most challenging for the agribusiness industry.
Leading the future of protein
A year ago Woolworths made an important decision to help get the most out of their supply side in beef and lamb.
Plenty of uncertainty for agriculture to chew on
In many ways, the agriculture industry is much more successful than it has ever been but the sector today faces a growing number of uncertainties.
Suppliers seeking price hikes at record levels
Coles chief Steven Cain says grocery suppliers knocking on his door asking for price rises is up five times, while his managers are losing staff to other industries where they can earn more.
Sector chief: Put food security on the policy table
The Albanese government should encourage more local food production with accelerated depreciation allowances of up to 150 per cent, says Darren O’Brien.
Original URL: https://www.theaustralian.com.au/business/agribusiness/page/30