Daniel Kemp
The firm has sold Manbulloo Station to an unidentified consortium but has leased the property back to keep running cattle there.
The ASX-listed firm has signed a contract with White Rock Insurance in a similar arrangement to that proposed by Long-Term Asset Partners in its failed takeover bid for the company.
Sunrice chairman Laurie Arthur warns of casualties among irrigation enterprises and industries if horticultural development keeps going at the current rate.
The Australian Competition and Consumer Commission has made a series of recommendations to try to increase transparency and certainty of pricing.
The first wheat imports to Australia in years raise concerns about the sector – but there is still interest in cropping properties.
SALIC has led a £7m funding round for UK-based agtech firm Hummingbird Technologies and will use the tech on its properties in Australia and Ukraine.
Fonterra’s strategic review continues with a Victorian factory closure and possible sales of Brazilian JV and Chinese farms.
The Japanese investment giant has acquired stake in Minh Phu Seafood after first investing in an affiliated company in 2013.
The Africa-focused firm says it has identified $200m of opportunities for Phatisa Food Fund 2, with some transactions at the due diligence stage.
Future is unclear for the Brisbane-based asset manager as receivers are appointed after ‘significant instability and uncertainty’ at Blue Sky.