Grain handling cooperative CBH Group has opened itself up to increased competition in the provision of grain transport services, following a review by the competition watchdog.
Working on trading relationships has benefited two nominees in the upcoming state exporter awards, while recently negotiated trade agreements will also boost business.
A new $3 million premium food centre that will help regional agricultural and food businesses find new markets was officially opened in Manjimup today.
GrainCorp-backed Australian Grains Champion has written to Western Australian growers withdrawing a bid launched in February to corporatise and list cooperative grain handler CBH Group.
Wellard chief executive Mauro Balzarini has sold a big chunk of his stake in the local agribusiness to a Chinese firm and repaid the company $16.3 million through his private investment vehicle.
Grain producers are set for a bumper crop in Western Australia going into harvest, with the latest production forecasts from the federal government estimating production will reach 17.1 million tonnes, an increase of 17 per cent on last year.
Six years after buying into Bibra Lake-based InterGrain, agricultural biotech company Monsanto has decided to sell its 26 per cent stake in the government-backed grain breeding company.
Less than half of 1 per cent of Australia’s agricultural land is owned by Chinese investors, while UK investors make up the largest proportion of overseas interest in Australia, according to a new report.
The $529 million Ord-East Kimberley expansion project cost more and took substantially longer than originally expected, has not delivered the expected benefits, and left the region with an unclear pathway for future development, auditor general Colin Murphy has found.
Nedlands-based TFS Corporation has signed a $50 million supply deal for its Indian sandalwood oil with US-based Young Living under a five-year agreement.
Local businesswoman Sharon Warburton has resigned from the board of live cattle exporter Wellard, which has missed its prospectus forecasts on revenue, profit and margins to book a $23.3 million net loss.
Western Australian farmers have plenty of reason for optimism despite poor rainfall and lower yields during the 2015 season, according to Bankwest’s annual Benchmarks report.
With CBH Group in the midst of an internal review of its structure, Business News thought it an opportune time to sit down with CEO Andrew “Andy” Crane at Julio’s in West Perth to discuss his career to date, and the grain cooperative’s future.
Nedlands-based sandalwood producer TFS Corporation has pointed to solid growth in cash revenue and underying earnings to support a positive outlook for the business, despite reporting a fall in net profit after tax.
Local aquaculture firm Seafarms Group has announced its second capital raising in the past two months, this time tapping investors for $11 million to fund ongoing work at its $1.45 billion Sea Dragon prawn project.