Sydney | Reuters –– A Chinese billionaire has bought two large Australian cattle stations for A$47 million (C$44.8 million), in at least the third deal this year involving a Chinese […] Read more
Chinese billionaire buys Australian cattle stations
Australia’s temperatures found fastest-rising worldwide
Sydney | Reuters –– Australia faces a rise in temperature of potentially more than 5 C by the end of the century, outpacing global warming worldwide, the country’s national science […] Read more
Australian ag exports to China still face hurdles after trade pact
Sydney | Reuters — A trade deal signed with great fanfare between China and Australia has been touted as a major step toward Australia shifting its economy from a “mining […] Read more
Landmark GM canola case pits neighbour against neighbour in Australia
Sydney | Reuters — Two neighbouring farmers, a field of canola and a gust of wind are at the centre of a landmark court case in Australia that could have […] Read more
Australia puts Saputo’s bid for cheesemaker on hold
The three-way battle for Australia’s oldest dairy firm took a fresh twist on Friday when a regulator temporarily stopped Canadian suitor Saputo Inc. from processing acceptances for an offer that […] 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
Australia’s GrainCorp rejects another ADM offer
GrainCorp Ltd. on Thursday rejected a sweetened $2.9 billion bid from Archer Daniels Midland (ADM), putting pressure on the U.S. agribusiness giant to boost its offer for Australia’s last major […] Read more
ADM makes play for Australia’s Graincorp
U.S. agriculture giant Archer Daniels Midland raised the stakes in the global race for grains trading power on Friday, by seeking talks to buy smaller Australian shipper GrainCorp to build […] Read more