Grain receivals in WA have collapsed 45 percent as low rainfall brings the state’s agriculture industry back to earth following three seasons of strong crops.
Ian Trahar has moved to take full ownership of environmental services company CO2 Australia, which was demerged from Seafarms Group more than five years ago.
Harvest Road Group, the agricultural arm of Andrew and Nicola Forrest’s business empire, reported a $38.6 million loss after tax in the past financial year as revenues fell by more than $120 million.
Quintis Forestry's entity Sandalwood Properties Limited has moved to wind-up 10 of its financially troubled plantation investment schemes after facing challenging market conditions.
Battery-electric trains remain some way off for Western Australia’s largest grain handler as fellow heavy rail users in the mining industry press ahead with the technology to decarbonise their operations.
Another strong crop has showered CBH Group with $6 billion in revenue as the Western Australian grain handler toasts a bevvy of record figures in its annual report.
International agribusiness ARYZTA has commenced construction on its first Western Australian bakery with a price tag of $66 million in the Peel Business Park.
Agricultural exports to the Middle East are being thwarted by a lack of space on planes leaving Western Australia and remain well below pre-COVID levels.
There is no good replacement for Western Australia’s live sheep trade, Agriculture Minister Jackie Jarvis has conceded, as the industry grapples with its looming closure.
Facing challenging market conditions, Quintis Sandalwood has brought in KPMG to review the future prospects of managed investment schemes under its umbrella.