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Agriculture

This Month

Cooke Inc signs up DNB, Rabobank for Tassal funding

Canada’s Cooke Inc has turned to one of Norway’s biggest banks to help bankroll its Tassal bid.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Rich Lister billionaire backs meat sector disruptor

Shaun Bonett, who has personal wealth of $1.9b from property, is putting extra funds into a group modernising the $700b red meat sector.

  • Simon Evans

September

Farmers run the risk on most expensive wheat crop in history

September 30 marks the end of the agricultural year with farmers sweating on the harvest of the most expensive crop they have ever grown and worried by warnings of softer commodity prices.

  • Brad Thompson

Incitec Pivot demerger faces investor pushback

Multiple Incitec Pivot investors do not support a plan to split into two companies, while some supporters of the plan want a different carve-up of the assets

  • Peter Ker

China-made $50 Penfolds wine comes with its own emojis

Penfolds boss Tom King says the new One by Penfolds won’t undermine the company’s luxury wines as it eyes the 25 to 40 age group.

  • Simon Evans
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Biosecurity bolter in China food security talks after Qube deal

A biosecurity start-up is in talks with China about protecting its strategic grain reserve after signing a breakthrough deal with logistics giant Qube.

  • Brad Thompson

Cattle producer AACo gets new boss as billionaires butt heads

AACo, whose major shareholders are UK billionaire Joe Lewis and iron ore magnate Andrew Forrest, has opted to appoint a new CEO from within.

  • Brad Thompson

From seaweed to steak: Australia’s beef is getting greener

South Australian protein producer CirPro is preparing to plate up the first steaks from cattle that were fed a new methane-reducing seaweed feed supplement.

  • Tess Bennett

Costa shares plunge as CEO walks after 18 months in top job

Australia’s biggest fruit and vegetable wholesaler is on the hunt for a new chief executive after Sean Hallahan stepped down.

  • Brad Thompson

NZ dairy giant Fonterra to keep 100pc of Australian business

The owner of Western Star butter, Mainland and Perfect Italiano cheese looked at an IPO and a partial stake sale, but decided against it.

  • Simon Evans

Farmland should be ‘exciting’, but investors slow on the uptake

Incremental productivity improvements in agricultural land can reap major yields, investors have said.

  • Lucy Dean

Wheat prices to keep growing even if global production ramps up

Wheat prices will likely jump as much as 7.2 per cent over the next year as the Russia-Ukraine war continues, new research shows.

  • Hannah Wootton

Coffee shock: Brazil’s supplies shrink to record low

Supply woes in the world’s biggest producer echo global scarcity, threatening to push prices higher amid a backdrop of persistent food inflation.

  • Dayanne Sousa, Marvin G. Perez and Tatiana Freitas

Live sheep exports get green light

The Agriculture Department has given the green light for live sheep exports to the Middle East during summer.

  • Dominic Giannini

Nothing to see as Lewis passes 50pc mark at AACo

It’s hard to think that no one batted an eyelid when a Bermudan trust crossed the 50 per cent ownership threshold at one of Australia’s biggest landholders, Australian Agricultural Company Ltd. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
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A2 Milk makes headway on China re-regulation process

The one-time sharemarket darling is heavily reliant on China, which generates the biggest share of its sales and profits.

  • Simon Evans

Meet the vegan creating lamb using no animal byproducts

Magic Valley CEO Paul Bevan is creating products for environmentally conscious meat-eaters, but as a vegan, he has no plans to eat his own products.

  • Yolanda Redrup

What everyone is drinking as home entertaining surges

Australian Vintage, with wine brands McGuigan and Tempus Two, branched out into pre-mixed cocktails and gin to tap into shifting trends.

  • Simon Evans

August

Delta Ag farms in UBS for investor search

Australia’s third-biggest rural supplies group Delta Agribusiness has hired UBS to help find a deep-pocketed new investor, who will be able to replace its private equity backer

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Kingfish farmer catches up as Japanese production takes big hit

Australian yellowtail kingfish farmer Clean Seas is in the rare position of reaping higher prices while its production costs fall.

  • Brad Thompson