Latest Agriculture News

Livestock Improvement Corporation reported a 6.7% revenue increase to NZD 314.8 million for FY26, but net profit after tax fell 30.4% to NZD 21.3 million due to significant technology investments. The co-operative declared a 12.26 cent dividend, maintaining strong underlying earnings and a debt-free balance sheet.

BPH Global has kicked off direct seaweed exports to China, reporting AUD 535,895 in sales for the latest trading period and expanding its footprint beyond Indonesia.

Cobram Estate Olives has wrapped up a smaller 2026 Australian olive harvest amid natural production cycles and flagged legal challenges over its California Olive Ranch acquisition, while integration efforts progress.

Booster Wines Limited has proposed exiting its Hawke’s Bay vineyard and winery leases from the Private Land and Property Portfolio, offering a discounted convertible debt payment amid falling grape demand.

Wide Open Agriculture is closing its German plant and pivoting to contract manufacturing in Asia to cut costs and scale lupin ingredient production efficiently under new CEO Craig Swan.

Elders Limited has finalised the sale of Killara Feedlot to Australian Meat Group, marking a key step in its strategy to reduce net debt.

Select Harvests appoints Kristina Hermanson as Managing Director and CEO, aiming to leverage her 25 years of global agribusiness expertise to drive the company’s next growth phase.

Duxton Farms has agreed to sell its recently acquired apples business for $9.2 million, marking a strategic pivot away from horticulture towards core development projects and higher-return investments.

Australian Agricultural Company (ASX:AAC) defied North Queensland floods to deliver a 23% jump in operating profit, driven by strong beef pricing and herd valuation gains.

RLF AgTech has revamped its executive remuneration to tie CEO incentives directly to share price hurdles, revenue growth, and operating cash flow, reinforcing its focus on sustainable profitability.

Seeka anticipates a drop in net profit for 2026 following a return to typical kiwifruit yields in New Zealand and a weather-hit harvest in Australia. Automation efficiencies are helping to offset rising costs.

Elders Limited has secured final regulatory approvals from FIRB and ACCC to complete the sale of Killara Feedlot to Australian Meat Group, with transaction completion anticipated by the end of June.