Latest Agribusiness News

Elders Limited reported a robust FY25 with a 12% rise in underlying EBIT to $143.5 million and declared a fully franked final dividend of 18 cents per share. The agribusiness is optimistic about FY26, buoyed by strategic acquisitions and a new divisional model.

GrainCorp Limited has declared a combined ordinary and special dividend of AUD 0.24 per share, fully franked, reflecting confidence in its recent financial performance.

GrainCorp reported a 12.3% revenue increase to $7.31 billion in FY25, alongside record grain volumes and growth in Animal Nutrition, despite a 35% drop in statutory net profit. The company declared a fully franked 24-cent final dividend and advanced key sustainability initiatives.

The ACCC has approved Elders Limited’s acquisition of Delta Agribusiness, contingent on Elders divesting six Delta retail stores in Western Australia to preserve local competition.

Wellard Limited reported a net profit of US$1.3 million for FY2025, driven by operational improvements and strategic asset sales. With the sale of its last livestock vessels completed, the company plans to delist from the ASX and return surplus cash to shareholders.

Elders Limited faces a regulatory delay from the ACCC on its acquisition of Delta Agribusiness but remains optimistic about the deal's benefits and completion timeline.

The ACCC has issued a preliminary Statement of Issues regarding Elders Limited’s proposed acquisition of Delta Agribusiness, signaling potential competition challenges that could affect the deal’s timeline.

The ACCC has raised preliminary concerns that Elders’ proposed acquisition of Delta Agribusiness could reduce competition in rural merchandise supply across key Australian regions, potentially impacting prices and service quality.

Elders Limited has reported a robust 67% increase in underlying EBIT for the first half of FY25, driven by higher livestock prices and strategic acquisitions, while navigating challenges from dry weather impacting crop inputs.

GrainCorp Limited has announced a combined ordinary and special dividend of AUD 0.24 per share, fully franked, reflecting steady returns for shareholders for the first half of 2025.

Elders Limited has updated its dividend announcement, confirming an ordinary dividend of AUD 0.18 per share payable in January 2025, with key dates revised from earlier guidance.