Agribusiness

Aquaculture company Seafarms Group has raised $90 million and is seeking to raise $15 million more to start construction of its black tiger prawn operation, Project Sea Dragon.

There's speculation Perth's only remaining direct flight to Jakarta will be cancelled, potentially hitting local agribusiness exporters.

Hancock Prospecting will own a 10 per cent stake in Western Australian medicinal cannabis company Little Green Pharma after participating in a $27.2 million capital raising.

When China enforced a hefty tariff of 73.6 per cent, it was a real kick in the guts that left little time for Australian producers to change seeding plans.

Third-generation Western Australian pearl farmer and managing director of Cygnet Bay Pearls, James Brown, has been named Australian farmer of the year for his forward-thinking approach to pearling.

Australian agricultural and forestry company Pentarch is suing businessman Desmond Blechynden over allegations that he failed to declare conflicts of interest and gifts.

Australia's farm production has been forecast to surge past $66 billion with a bumper crop pushing forecasts $400 million higher than expected.

Australia plans to lure more than 10,000 farm workers from South-East Asia under a new agriculture visa farmers have long campaigned for.

More Australian beef and lamb will be exported to the UK as import taxes are phased out over a decade under a free trade deal between the two nations.

Australian farmers are on track to plant the biggest winter crop in the nation's history with strong rainfall and high global prices outweighing a mouse plague.

Wally Newman has fallen short in his bid to return as member director at CBH Group, losing out to Lake Grace-based farmer Royce Taylor.

Wally Newman is eyeing a return to CBH Group's board, with the former chair in a four-way race to regain a position he held for nearly 20 years.

CBH Group has appointed its chief operating officer Ben Macnamara as acting chief executive after the resignation of Jimmy Wilson earlier this month.

Perth-based Maxima and Tasmanian company Ornatas are trialing a new way of farming tropical rock lobsters in Cone Bay to kickstart a new aquaculture industry in WA.

Early this month, China's National Development and Reform Commission announced the indefinite suspension of all activities under the China-Australia Economic Dialogue framework.

Perth-based Seafarms Group will award five contracts to progress the development of a large-scale prawn aquaculture project in the Northern Territory.

A battle is brewing at one of the state's largest cattle production companies, with Yeeda Group's Fitzroy River Limited launching legal action against major shareholder Beachline.

Australian meat could soon be granted tariff-free entry to the United Kingdom under a major free trade deal, despite objections from British farmers.

Argentina's decision to ban all beef exports for 30 days, including those to China, is set to provide a new opportunity for Australian farmers.

Jimmy Wilson has stepped down as chief executive of CBH Group after leading the grain co-operative for the past four years.

Pendulum Capital, led by Peter Fogarty and Greg Harvey, will acquire a 19.9 per cent stake in Alterra.

Workers who move to regional Australia to take up farm jobs will receive relocation costs sooner, after the federal government tweaked an underperforming scheme.

A record 1.9 million sheep and lambs were transported from Western Australia to the eastern states during the 2020 season.

Western Australia-based InterGrain will lead and commercialise an $11.5 million national oat breeding program to help farmers grow the high-value grain.

A new program in the Mid West could be the key for farmers looking to enter the carbon farming market.

Border closures have made it hard for WA agribusinesses to find workers.

Grower Group Alliance will lead a drought resilience adoption and innovation hub in Merredin to help farmers and communities prepare for drought.

Austral Fisheries has posted a $12.64 million profit for 2020 - more than 40 per cent down on its 2019 result - but still paid out almost $10.6 million in dividends to shareholders.

Family-owned Craig Mostyn Group has sold its Tasmanian-based rock lobster business CMT to the South Australian Lobster Company for an undisclosed sum.

The state's largest grain handler has had to advise thousands of members that it is struggling to transport grain to ports and meet shipping commitments.

Farm representative bodies are behind their opponents in terms of money and message.

Andrew Forrest's agribusiness interests shook off the pandemic, with revenue at Harvest Road up 22 per cent to be $418 million.