Today
Fred Hollows Foundation co-founder lists NT wilderness gem
John Cooper, who set up the charity with the eye surgeon in 1989, bought the former Mt Bundy Station south of Darwin for just $505,000.
- Larry Schlesinger
This Month
Is this flat white really worth $500 a cup?
If you thought coffee was getting expensive in Melbourne, it’s hard to beat the eye-watering price for this Japanese-grown coffee in London’s Mayfair.
- Blathnaid Corless
Roc Partners revs up to raise $500 million buyout fund
This time around, Roc is expected to split the $500 million evenly across local and overseas investors, including Middle Eastern institutional money.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Queensland’s Emerick family lists Mulgowie portfolio for $200m
The Mulgowie Farming Company, Australia’s largest grower of sweet corn and green beans, has come up for sale for the first time in its history.
- Larry Schlesinger
Incitec Pivot’s drawn-out fertiliser sale rounds the finish line
Investor sources tell Street Talk new chief Mauro Neves has the market’s support to run the company as a pure-play explosives business.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Elders Limited
Bureau of Meteorology’s botched weather call crushes Elders’ earnings
Shares in the agribusiness major slumped some 24 per cent after it said it would miss forecasts. Farmers culled their herds ahead of a heatwave that never came.
- Updated
- Elouise Fowler
- Opinion
- Chanticleer
Rise of the corporate farmer changes the supermarket game
Who is growing our food? An influx of institutional capital into farmers and growers suggest the game has changed.
- Anthony Macdonald
March
Cargill enters biofuel fray in fresh blow to GrainCorp growth plans
The global grains giant is working with a co-operative controlled by thousands of WA farmers on plans to tap into the booming market for biofuels.
- Brad Thompson
Why chocolate prices are up and could double by next Easter
RaboResearch expects global cocoa prices to settle around $US5900 a tonne, which is 124 per cent above the average price over the past five years.
- Ronald Mizen
Cocoa breaks $US10,000 record, with pricier chocolate to follow
The market is being rattled by poor crops in key West African growers that has put the world on course for a third straight annual supply deficit.
- Megan Durisin and Áine Quinn
- Exclusive
- Rural property
Dairy fund on track for 12pc return after buying Tassie farm
Prime Dairy, has acquired another big Tassie farm from struggling Chinese-owned company Van Dairy taking its total portfolio to around 5000 hectares.
- Larry Schlesinger
Farmland returns bounce back on higher meat prices and good rains
A combination of tailwinds, including higher beef and sheep prices, has helped turn around six months of negative returns for owners of prime farmland.
- Larry Schlesinger
Olam lobs $122m bid in takeover war for Namoi Cotton
Global agribusiness heavyweights are locked in a takeover battle for Namoi Cotton and its strategic food and fibre infrastructure assets in Queensland and NSW.
- Brad Thompson
Farmers have $6b sitting in tax haven accounts
Australia’s farmers have almost $6 billion sitting in tax haven accounts and most are financially secure despite a much smaller national grain harvest and big fluctuations in cattle prices.
- Brad Thompson
This hedge fund is betting big on La Nina’s return
Farrer Capital says looming weather changes could lift Australian cattle prices by up to 50 per cent, it also likes the look of South African maize.
- Cecile Lefort
Farm land values to rise with surge in cattle, sheep prices
The value of farmland is expected to return to growth this year, thanks to better-than-expected rainfall, rising prices for sheep and cattle and higher incomes for farmers.
- Larry Schlesinger
- Exclusive
- Rural property
Canadians pay $180m to take control of Queensland egg farmer
The majority stake in Ellerslie Free Range Farms is PSP Investments’ first acquisition in Australia’s $1.3 billion egg sector.
- Larry Schlesinger
Berry estate may fetch $24m in second sale in 202 years
Historic Coolangatta Estate on the NSW South Coast includes a resort, award-winning vineyard and a popular wedding venue.
- Larry Schlesinger
Why chocolate is about to get a lot more expensive
A supply squeeze has sent cocoa prices to record levels just before Easter, and olive oil and coffee are at highs, creating another headache for central banks.
- Alex Gluyas
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