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Agriculture

This Month

Australia’s  economic advantage in food production gives it the upper hand in trade deals.

Dry conditions to cost Australian farmers, with grim outlook for wine

Dry conditions and soft international grain prices have led to Australia’s agricultural output dropping by 15 per cent, hitting farm incomes.

  • Tom Rabe
Horticulture has grown since the 1980s while livestock products have fallen.

Rebooting farm productivity will help achieve climate goals

Delivering sustainability outcomes is paramount for farmers,  but more work needs to be done to understand the challenges in the sector as costs rise faster than revenues.

  • Jared Greenville
GrainCorp, a dominant player in the east coast, is hoping to expand into biofuels in Western Australia.

CBH gatecrashes GrainCorp’s biofuels strategy, closes in on BP deal

The ASX-listed agricultural giant’s major West Australian rival is preparing plans for its own large-scale oilseed crushing plant in Perth, sources said.

  • Brad Thompson

February

Secretary of the federal Department of Agriculture, Fisheries and Forestry, Adam Fennessy.

Why the agriculture secretary needs mediation and a ‘big fat novel’

It’s Adam Fennessy’s second stint as an agriculture secretary. He shares his best leadership tips, how to embrace digital transformation and what he looks for when hiring.

  • Tom Burton
GrainCorp boss Robert Spurway.

GrainCorp shares plunge as it flags big drop in earnings

GrainCorp boss Robert Spurway says earnings and profit forecast have fallen in line with an end to a golden run of harvests for Australian farmers.

  • Brad Thompson
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WA caught rock lobster are finding their way into China in big numbers despite a trade ban.

WA lobster worth more than $150m slips through China trade ban

As it celebrates the Year of the Dragon, China is being supplied with big volumes of WA-caught “lucky red” lobster through unofficial trade routes.

  • Brad Thompson
Nufarm’s Carinata is a crop grown for biofuels.

Nufarm wants biofuel mandates to send agriculture flying

Nufarm chairman John Gillam says he wants government green fuel mandates to cash in on a “once-in-a-lifetime” opportunity for agriculture.

  • Brad Thompson

January

Protesting farmers block a highway in Jossigny, east of Paris

Farmer fury spreads in Europe, squashing Aussie trade deal hopes

As France’s farming protests spread to Belgium, Spain and Portugal, the odds dwindle of any EU leader agreeing to boost market access for Australian farmers.

  • Hans van Leeuwen

Australian grape growers fear export hit from port dispute

Australian table grape growers are concerned that long-running industrial action at the country’s ports could delay thousands of tonnes of produce bound for Asia.

  • Tom Rabe
Agriculture Minister Murray Watt says farm export earnings will fall by 14 per cent to $67 billion in 2023-24 after a record high the year before.

Rain to soften fall in farm export earnings from record high: forecast

The fall will be largely driven by lower crop export values as global prices for most commodities are expected to decline in 2023-24 due to higher global supply.

  • Gus McCubbing

December 2023

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 2023

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 2023

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