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Agriculture

This Month

Elders chief executive Mark Allison was rehired in the top job in June.

Agribusiness group Elders lashed over botched CEO succession

Elders had a big 63 per cent protest vote against its pay practices, after Mark Allison stayed on as CEO with higher pay seven months after signalling an exit.

  • Simon Evans

Rinehart to claim Australia’s truffle farming crown

Australia’s iron ore and cattle queen, Gina Rinehart, is well on her way to becoming the biggest truffle grower, and is looking to add the delicacy to menus that already feature her wagyu beef.

  • Brad Thompson
Alan Barnard, a cane farmer from Queensland, said biofuel projects would help provide diversified income streams for the sector.

Qantas calls on Canberra to back sustainable aviation fuel industry

The airline says federal support for a local sustainable aviation fuel could help airlines decarbonise and unlock new revenue streams for Queensland cane farmers.

  • Gus McCubbing

November

Chinese billionaire exits WA cattle station empire in $300m deal

A Canadian investment giant has teamed up with local platform New Agriculture on a mega cattle station deal in the Kimberley region. It comes amid signs the worst is over for the meat market.

  • Nick Lenaghan and Larry Schlesinger
GrainCorp boss Robert Spurway.

Biofuels finally give GrainCorp an in to Western Australia

Robert Spurway says there’s a compelling case for new oilseed crushing capacity in the company’s biggest move since it spun-off its global malting division.

  • Brad Thompson
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GrainCorp boss Robert Spurway.

GrainCorp to pay special dividend, buy back shares

Undaunted by the onset of El Nino, GrainCorp will pay a special dividend and buy back shares as it looks to Western Australia for a big agri-energy investment.

  • Brad Thompson

October

New SPC Boss Neil Brimacombe.

Iconic fruit and vege biz SPC launches targeted capital raise

The 100-year-old company is seeking to raise up to $20 million from investors, but they must be residents of Victoria’s Goulburn Valley region.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Milk tank drivers striking at Saputo’s Leongatha and Maffra sites in Victoria.

Three-day dairy strike to upset milk supplies

More than 150 truck drivers for dairy giant Saputo have walked off the job for 48 hours and are set to be followed by 1400 Victorian dairy processing workers.

  • David Marin-Guzman
Gemtree Small Batch Collection (Albarino not in this shot - part of this collection)

Seppeltsfield owner’s vineyard shopping spree targets Millennials

Leading South Australian winemaker Warren Randall has made two organic wine acquisitions in three months, with more to come, to attract younger customers.

  • Campbell Kwan
Sam Elsom in the Sea Forest lab.

Why this Australian seaweed farmer is setting his sights on Europe

The intense pressure on British and European farmers to cut methane emissions has opened up a major market opportunity for Tasmanian start-up Sea Forest.

  • Hans van Leeuwen

September

Bindi Murray on her Woodanilling property in rural WA.

Sheep prices plunge to $1 a head as farmers flood market

Farmers are scrambling to sell before summer as Australia’s sheep flock and breeding ewe numbers hit their highest level since 2007.

  • Brad Thompson
Farmers have warned against changes which could compromise critical workforce supply.

Labor could ignore calls for limits on working holiday visas

Home Affairs Minister Clare O’Neil is very close to announcing the government’s response to the migration review.

  • Michael Read and Tom McIlroy
Colombia University professor in development practice Glenn Denning is changing how the world deals with food security.

The Aussie scientist whose mission is to feed the world

Columbia University Professor Glenn Denning has won the prestigious Global Australian of the Year award for his work on improving crop yields.

  • Julie Hare

August

Agriculture has been a sticking point in negotiations over a free trade deal with the EU.

If you want a deal come to Canberra: Farrell to EU

Sick of ceding home ground advantage, Trade Minister Don Farrell has invited his European Union counterpart to come to Australia to finalise a free trade pact.

  • Andrew Tillett
Costa says weather-related issues are affecting the yield and quality of its produce.

Costa delays dividend call with takeover offer up in the air

Australia’s biggest horticultural company says it will update the market on a $1.6 billion takeover offer in September.

  • Brad Thompson
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Isa Brown hens

Roc Partners sets the Pace for poultry deals

Roc Partners had been in pole position to buy the egg producer after its founders put the business up for sale last August via PwC.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Costa Groups says it expects an earnings hit from a lower quality citrus crop.

Costa profit warning casts doubt over takeover deal

Shares in Australia’s biggest horticultural company plunged almost 12 per cent in early trading after it released unaudited financial results.

  • Brad Thompson
Australia’s richest person, mining magnate Gina Rinehart wants governments to cut taxes and red tape as well as help farmers pay for net zero policies.

Farmers can’t afford net zero, says Rinehart

Australia’s richest person, Gina Rinehart, said governments should help the agriculture sector with the cost of electrifying all their farm equipment.

  • Mark Ludlow
While investing in agriculture can offer diversification and potential rewards, it is essential for investors to understand the risks.

How to invest in agriculture without buying a farm

The portfolio thesis for investing in agriculture is compelling – this is how to gain exposure.

  • James Wright
New SPC Boss Neil Brimacombe.

New SPC boss wants a fair go for his baked beans

Newly minted SPC boss Neil Brimacombe says he has some “bloodied t-shirts” after 30 years in the consumer goods sector.

  • Gus McCubbing