Agribusiness

KKR cashes out of China Modern Dairy

Private equity firm sold remaining shares in China Modern Dairy for about US$80 Million.

NSW farmers win data case against Santos

by AAP
Energy group forced to hand over water monitoring data.

Graincorp flags earnings lift

Grain storage and transport company sees "substantial" lift in earnings by the end of fiscal 2016.

Blowing the lid off food safety in China

Whistle-blowers and the media have been increasingly successful in exposing China's food safety violators but more is needed to solve the problem over the long-term.

Drought package working: Joyce

by AAP
Only $17 million of $280 concessional loan scheme accessed by farmers in first months.

Murray Goulburn's capital plan aims for the big cheese

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Murray Goulburn's capital raising will allow it to aggressively expand and capitalise on growth in the Asian market, while offering farmer suppliers higher farmgate prices for their milk.

Minchin steers ADM to new GrainCorp tilt

Australia's Consul-General in New York has told Archer Daniels Midland to try again in bid for GrainCorp.

Picks of the week

In this week's essential reading guide, Kohler assesses the impact of the digital revolution, Bartholomeusz delves into the details of BHP's demerger, and Gottliebsen talks to the one minister who has a vision for Australia.

Corporate Australia's family connection

Family businesses can morph into something unexpected regardless of whether they stay in private hands, become a showstopper on the stock exchange or the subject of takeover after takeover.

Russia reveals huge cost of Western bans

by AFP
Agriculture minister warns billions must be spent subsidising farmers to avoid a food shortage.

Graincorp announces new CEO

Diversified agribusiness names Mark Palmquist as new chief following international search.

Abbott is right to follow Gillard's jobs plan

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In truth, Australia has both an unemployment crisis and a labour shortage at the same time. But immigration can help solve the problem.

How much is Penfolds worth?

How important is Australia's most famous winery to Treasury Wine Estates as the group fields bids from foreign equity groups?

Dairy industry backs Coles, Woolworths on milk pricing

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Sector heavyweights speak out against Barnaby Joyce, ACCC campaigning.

ADM profit more than doubles in Q2

Recovering US grain exports boost result, revenue edges down.

New Forests cuts itself out of timber firm bid

RMS appears to have jumped into pole position to buy Forest Enterprises Australia.

Aust is not Asia's food bowl: Joyce

by AAP
Barnaby Joyce says labelling Australia as food bowl of Asia could damage agriculture sector.

Elders unveils ambitious growth plan

Agribusiness group targets $60m EBITDA by 2017.

Agriculture on wish list for significant investor visa holders

Morgan Stanley says its SIV clients, mainly Chinese nationals, are keen to acquire agriculture assets such as dairy farms.

A bleak year awaits Aussie farming families

Times have never been tougher for Australia’s farming families, and with earnings likely to fall significantly this year agribusinesses are hanging on for dear life.

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