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Rebel kicks export goal from Forbes to Sweden

Liz Wells, 18 April 2018

Machinery manufacturer, Rebel Equipment, has this week dispatched its first ever order to Europe from its Forbes workshop in central west New South Wales.

Red Lea collapse bites poultry producers, Ridley

Liz Wells, 16 April 2018

The collapse of chicken processor, Red Lea, has forced its 30 NSW poultry producers to seek new supply agreements, and is expected to cost Ridley Corporation up to $7 million as it looks for a new source of raw material for its Maroota mill.

Gundaline sells offshore, Bland Creek goes local

Liz Wells, 13 April 2018

THE prized Riverina irrigation property, Gundaline Station at Carrathool, has sold for an undisclosed price to an as-yet unnamed foreign buyer while a neighbouring family farming partnership has bought Bland Creek, a mixed farming property east of West Wyalong on the southwest slopes of NSW, for $3.15 million.

Twynam’s Lachlan spreads sell to Optifarm, MERS

Liz Wells, 09 April 2018

The Kahlbetzer family’s Twynam Agricultural Group has sold its three Lachlan Valley holdings to two overseas companies, Optifarm and MERS Global Investments LLC, for a total of more than $115 million.

Glencoe offers foothold in premium NSW cropping country

Liz Wells, 28 March 2018

A chance to buy into or expand in one of Australia’s premium cropping regions has come up with the offering of Glencoe, a 2592-hectare aggregation at Bellata in north west NSW.

Lachlan specialist JRG drives property investment vehicle

Liz Wells, 20 March 2018

An asset class which brings together high net-worth investors and farmers who want to give up their asset without giving up their farm is emerging on Australia’s rural property scene.

Macquarie’s Viridis Ag buys first farm

Liz Wells, 07 March 2018

Macquarie’s Viridis Ag has kicked off its investment portfolio by purchasing The Grange at Dongara, south of Geraldton in Western Australia.

Storms buoy winter-crop prospects, disrupt summer harvest

Liz Wells, 27 February 2018

Storms in the past fortnight have brought 10-250 millimetres of rain to cropping areas of Queensland and northern NSW, disrupting the summer-crop harvest in some areas, but bolstering planting prospects for the upcoming winter crop in most.

Agricultural bodies slam Senate’s Murray-Darling decision

Liz Wells, 15 February 2018

The Australian Senate’s vote last night to cut 70 gigalitres (Gl) of water available to users in the northern reaches of the Murray-Darling Basin has sparked the ire of agricultural bodies including the National Farmers Federation (NFF), Cotton Australia, NSW Farmers’ Association, the Queensland Farmers’ Federation and the National Irrigators’ Council.

GrainCorp posts FY2017 profit of $142 million

Liz Wells, 15 February 2018

The strong year-end earnings of A$142m by GrainCorp in last year’s bumper crop would dwarf its current season outlook, seen cutting earnings projection by at least half for year-ended 30 September 2018.