AGRICULTURAL INDUSTRIES – AUSTRALIA

Trifecta of calamities to deplete crop harvest

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Original article by Sue Neales
The Australian – Page: 19 : 11-Sep-14

Severe frosts in the southern part of New South Wales are likely to affect early wheat crops in areas around Wagga, West Wyalong, Griffith and Hillston. In Western Australia and Victoria, crops may be smaller as a result of below-average rainfall. The Australian Bureau of Agricultural & Resource Economics & Sciences forecasts national wheat production of 24.2 million tonnes for 2014, which is 10 per cent lower than the previous year

CORPORATES
AUSTRALIAN BUREAU OF AGRICULTURAL AND RESOURCE ECONOMICS AND SCIENCES

Investors queueing for elusive dairy farms

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Original article by Matthew Cranston
The Australian Financial Review – Page: 39 : 18-Aug-14

The Australian Dairy Farms Group plans to list on the Australian sharemarket in October 2014. However, there are relatively few opportunities for investors to buy into companies that own dairy farms, despite the strong growth in demand for dairy products in recent years. Corporate and Chinese investors account for more than 50 per cent of investors who will attend the Australian Dairy Farm Investment Forum in September

CORPORATES
AUSTRALIAN DAIRY FARMS LIMITED, BELL POTTER SECURITIES LIMITED, BELL FINANCIAL GROUP LIMITED – ASX BFG, WARRNAMBOOL CHEESE AND BUTTER FACTORY COMPANY HOLDINGS LIMITED – ASX WCB, PACTUM DAIRY GROUP PTY LTD, HARVEY FRESH, DAIRY AUSTRALIA, KIDDER WILLIAMS LIMITED, ACE FARMING PTY LTD, VALAD PROPERTY GROUP, BLACKSTONE REAL ESTATE ADVISORS LLC, DUXTON ASSET MANAGEMENT PTE LTD, NORCO CO-OPERATIVE LIMITED

Forrest outed as loan friend of farmers

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Original article by Andrew Burrell
The Australian – Page: 17 : 1-Aug-14

Fortescue Metals Group chair Andrew Forrest has been revealed as the source of no-interest loans made to drought-affected farmers in the Wheatbelt region of Western Australia (WA) during 2010. The well-known philanthropist has since also set up the Australia-Sino 100-Year Agricultural & Food Partnership scheme, which aims to strengthen the ties between local producers and Chinese food companies such as New Hope Group and Wilmar International. Forrest is optimistic Australia can become an even greater supplier of rural commodity exports to China. He has acquired WA meat processing market leader Harvey Beef for $A30m

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, HARVEY BEEF, GROUP OF TWENTY (G-20), NEW HOPE GROUP, WILMAR INTERNATIONAL LIMITED, GOODMAN FIELDER LIMITED – ASX GFF, MEAT AND LIVESTOCK AUSTRALIA LIMITED, WESFARMERS LIMITED – ASX WES, AUSTRALIAN AGRICULTURAL COMPANY LIMITED – ASX AAC, AUSTRALIA. DEPT OF AGRICULTURE, MINDEROO PTY LTD, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO