Elders announces $123m net profit

‘No material business impact from COVID-19’: Australian agribusiness Elders has this morning announced a statutory profit after tax of $122.9 million and a fully franked final dividend of 13 cents per share in its full year results for the 12 months to September 2020…Read More

Beef Central, November 16, 2020

NAB forecasts AUD rise to US80c mark by mid-2022

Continued appreciation of the Australian Dollar (AUD) has offset better seasonal conditions to see the NAB Rural Commodities Index fall slightly by 3.7% in August…Read More

Beef Central, August 31, 2020

Qld Rural Debt Survey: Beef debt increases 14pc

Beef debt, which represents 56 percent of total rural debt in Queensland, increased by 14.10 per cent in 2019, with the vast majority of that debt rated viable or long-term viable, QRIDA’s Corrie Feldman writes. ..Read More

Corrie Feldman, QRIDA, August 18, 2020

New products: Stockco launches new ‘create more weight’ finance facility for spring

Stockco has announced the launch of a new product which is designed to provide a cash advance against new season progeny…Read More

Beef Central, August 4, 2020

Australian ag will miss $100bn target without strategic change: Agribusiness leaders

A new report examining the state of Australian Agriculture warns that on current projections, the sector will fall $12bn short of its 2030 $100bn target, unless it revamps the way it operates…Read More

Beef Central, July 23, 2020

Elanco’s acquisition of Bayer’s animal health business not opposed

The ACCC announced today it will not oppose Elanco’s acquisition of Bayer AG’s animal health business, after Elanco provided a court-enforceable undertaking to divest four animal parasite treatment brands…Read More

Beef Central, July 9, 2020

Elders launches new agricultural market analysis arm

Elders has announced the launch of a new agricultural market analysis unit, headed by former Mecardo analysts Matt Dalgleish and Andrew Whitelaw. ..Read More

Beef Central, July 8, 2020

Elders records $52 million first-half profit

In the final year of its second eight-point plan Elders Limited has pushed through drought, bushfire and the early impacts of COVID-19 to record a solid $52 million statutory net profit after tax for the six months to March 31, 2020, a 90 percent increase on the prior corresponding period…Read More

Beef Central, May 18, 2020

Craig Zonca to speak at Brisbane agribusiness networking event

ABC Radio personality and former Queensland Country Hour Craig Zonca will be the key note speaker at Young Agribusiness Rural Network’s first event for 2020, to be held in Brisbane on March 12…Read More

Beef Central, February 28, 2020

New era starts, as Nutrien says goodbye to Landmark and Ruralco identities

Hundreds of legacy Landmark and Ruralco agency businesses across Australia are changing their signage and uniforms to reflect the new merged brand, Nutrien Ag Solutions…Read More

Beef Central, February 4, 2020

Agribusiness: $60m raised for AAM’s Diversified Agriculture Fund

Agriculture investor AAM Investment Group expects to make property acquisitions in beef, lamb and poultry sectors, having raised more than $60 million in its initial subscription offer to invest in the company’s AAM Diversified Agriculture Fund…Read More

Beef Central, December 17, 2019

Agribusiness: Ridley sees some positives in 2H20 outlook

Strong price outlooks for meat and milk are providing some positives for Australia’s largest stockfeed miller, Ridley Corporation Limited in the second half of its financial year ending 30 June…..Read More

Beef Central, November 26, 2019

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