Latest Agribusiness News

Westpac reported a resilient full-year 2025 performance with modest profit decline, robust loan and deposit growth, and ongoing strategic initiatives aimed at simplifying operations and enhancing customer experience.

RLF AgTech Ltd has reported a record September quarter with $5.3 million in cash receipts, driven by strong sales growth and strategic expansion in Australia and Asia. The company also advanced its manufacturing capabilities and leadership team to support ongoing growth.

Elders Limited has secured regulatory approval to acquire Delta Agribusiness, subject to divesting six Western Australian branches, while maintaining a positive outlook for FY25 earnings.

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.

Duxton Farms has disclosed the indicative results of shareholder elections for its proposed merger with four agribusiness companies, setting the stage for a decisive vote next month.

The Australian Competition and Consumer Commission has scheduled its decision on Elders Limited’s acquisition of Delta Agribusiness for 9 October 2025, as Elders continues to address regulatory concerns.

SunRice reported steady FY25 financials with improved profitability despite revenue pressure, while advancing its 2030 Growth Strategy amid industry headwinds and leadership transition.

TasFoods narrowed its half-year loss by 29% despite a 21% drop in sales amid persistent poultry oversupply and discounted pricing. Strategic asset sales and cost-cutting efforts aim to stabilize the business in a challenging market.

Australian Agricultural Projects Limited reported a $1.96 million profit for FY2025, driven by a strong olive oil harvest despite frost setbacks and rising olive oil prices. The company plans to farm a key orchard section directly after leaseholders declined renewal.

Australian Dairy Nutritionals Group (ASX, AHF) reported a 14% revenue increase to $7.17 million for FY25, driven by a nearly fourfold surge in its infant formula segment, while reducing its net loss by 29%. The company remains debt-free and is expanding its footprint in China and Vietnam.

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.

Bendigo and Adelaide Bank reported an 11% rise in customers and a 6.6% increase in deposits for FY25, while statutory earnings were weighed down by a significant goodwill impairment charge.