This Month
Consumers lose taste for Australian beef giant’s wagyu
Global competition and a reluctance to buy pricey wagyu has sliced into Australian Agricultural Company’s profit.
- Mark Wembridge
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
Why Fonterra puts its dairy farmers before profit
Fonterra’s relationship with its dairy farmers is paramount to its success, making it a leader in the Established Business to Business category.
- Larry Schlesinger
October
SA livestock farm with historic homestead fetches $28m
Ian and Louise Johnson have acquired a slice of South Australian farming history after emerging as the buyers of the Crower and Fellwood grazing aggregation.
- Larry Schlesinger
- Exclusive
- Mining
MinRes sold Chris Ellison farm equipment at steep discount
The company’s managing director and another director, Tim Roberts, bought the machinery for their New Zealand property at a bargain price, documents show.
- Mark Di Stefano and Neil Chenoweth
- Opinion
- Chanticleer
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
Farmland buyers are back after sales slump
LAWD’s Danny Thomas says confidence is back and everyone is rushing to get deals done by Christmas – after sales volumes hit new lows in the first half of 2024.
- Larry Schlesinger
Why chocolate bars are about to get pricier before Christmas
The prices of chocolate, sugar and orange juice are on the rise, creating an even bigger inflation headache for the RBA.
- Cecile Lefort
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
ASX cancels trades after fumbling Namoi Cotton takeover bid
The exchange operator was forced to scrap more than $800,000 in trades which were allowed despite a new takeover offer not being put to the market.
- Joshua Peach
- Exclusive
- Managed funds
Ed Peter’s Duxton empire in pain as it cuts jobs, sells properties
The former bank executive has built a considerable asset management business with wealthy backers. But tough times have forced it to restructure – and shrink.
- Primrose Riordan and Simon Evans
September
Fonterra targets South-East Asia, keeps Aussie dairy arm for now
The burgeoning cafe and bakery scene across South-East Asia has boosted the milk giant’s appetite for the region.
- Elouise Fowler
Treasury sells Karadoc winery near Mildura to wool brokers
The Karadoc winery, which made brands like Wolf Blass and Yellowglen, has been sold to the managing director and chief financial officer of Quality Wool Group.
- Larry Schlesinger
Competition watchdog dissects Namoi takeover
Undertakings provided by Singapore’s Olam may be insufficient to approve a takeover of Namoi Cotton, the Australian Competition and Consumer Commission says. .
- Brad Thompson
Cheese and milk producer Beston goes bust as Japanese suitor walks
The company behind the Edwards Crossing Cheese Company and Mables brands has called in administrators, owing more than $55 million to National Australia Bank.
- Simon Evans
Yoghurt sales close on fresh milk amid health kick, helping Bega
The country’s largest producer added $700 million to its market capitalisation this year, as new high-protein and low-sugar products send sales soaring.
- Simon Evans
Farmer co-op shops $51m raising to energy players
Regen has raised $500,000 through crowdfunding efforts and $5 million in government and foundation grants, but this effort represents the group’s biggest push to date.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Why Rio Tinto has bought 3000 hectares of grazing land
The mining company will plant 750,000 pongamia trees on the property near Townsville as it attempts to create a renewable replacement for diesel.
- Peter Ker
Cotton power couple list $70m ‘carbon positive’ farm
David and Danielle Statham are selling their largest holding – St Ronans in Far North Queensland – as they focus on developing a large renewable energy project.
- Larry Schlesinger
Australian farmland an ‘unbelievable’ opportunity for super funds
Proterra’s Becs Willson says it’s not too late for super funds to invest in the agricultural sector, where land scarcity and food shortages are driving strong returns.
- Larry Schlesinger
