Russia is temporarily banning the import of beef byproducts from Australia, citing the detection in shipments of a growth stimulant it prohibits and throwing into doubt exports that brought in […] Read more
Russia halts Australia beef byproduct imports over drug
Australia’s farmers slaughter cattle, swelter out of record-hot 2013
A searing heatwave is baking central and northern Australia, piling more misery on drought-hit cattle farmers who have been slaughtering livestock as Australia sweltered through the hottest year on record […] Read more
Frost, rains hit Australia’s wheat crop, drag on quality
Unseasonal rains in Western Australia and frost on the country’s east coast have hit wheat crops in the world’s No. 2 exporter of the grain, dragging down quality and reducing […] Read more
Australian beef exports seen at record in 2013-14
Australia will export a record amount of beef in 2013-14, driven by strong demand from the United States and emerging markets, including China, the government’s official forecaster said on Tuesday. […] Read more
ADM, GrainCorp settle in for wait on takeover approval
Australia’s GrainCorp and U.S. suitor Archer Daniels Midland (ADM) are hunkering down for a long wait for Chinese regulatory approval after agreeing to a A$3 billion (US$3.1 billion) takeover deal […] Read more
Dryness threatens Australia wheat supply as seeding kicks off
A lack of soil moisture in Australia’s eastern grain belt could hit wheat production in the world’s second largest exporter as farmers start seeding the 2013-14 crop. Concerns over Australia’s […] Read more
Australia nudges up wheat estimate
Australia, the world’s second-largest wheat exporter, raised its production estimate for the current marketing year by a fraction from its December estimate, as the crop largely escaped damage from a […] Read more
Australia’s GrainCorp knocks back ADM bid
Australia’s GrainCorp knocked back a US$2.8 billion takeover offer from Archer Daniel Midland (ADM) on Thursday, saying the bid undervalued the grains handler after a bumper harvest delivered a record […] Read more
Australia’s early wheat harvest shows lower protein
The early wheat harvest in Australia, the world’s second largest exporter, is showing lower protein scales and poor yields, analysts and traders said, heightening concerns over global grain supplies as […] Read more
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