Latest Agriculture Sector News

Minbos Resources has secured key financing and made significant construction strides on its Angolan phosphate fertilizer plant, while rolling out promising new fertilizer blends to support local agriculture.

Proteomics International, alongside key partners, is investing $6 million to expand the WA Proteomics Facility, aiming to establish a nationally accredited platform for industrial-scale protein biomarker analysis in medicine and agriculture.

Ridley Corporation has completed the sale of its Wasleys Feedmill in South Australia to the Baiada group for A$22 million, marking a strategic divestment announced earlier this year.

Duxton Farms has increased its placement to $4.55 million, issuing over 3.6 million new shares to fund the acquisition of four Australian agriculture companies. This move aims to fast-track the company’s diversification and growth strategy in the agricultural investment sector.

Duxton Farms Ltd has announced a special fully franked dividend of AUD 0.24 per share, payable in August, alongside a dividend reinvestment plan offering shares at parity with a recent placement.

Duxton Farms Ltd is set to transform its agricultural portfolio through a strategic merger with four private companies, alongside a $4 million placement and a special dividend, aiming to boost scale and diversification.

Lynch Group reports robust FY25 trading results, driven by strong Australian and Chinese markets, and sets optimistic full-year revenue and earnings guidance.

Hot Chili Limited has released a robust Preliminary Feasibility Study for its Huasco Water project in Chile, outlining a multi-stage water supply network to support mining, agriculture, and communities in the water-stressed Huasco Valley. The project boasts strong financial metrics and key MOUs with major mining and industrial clients.

Ridley Corporation has successfully closed its retail entitlement offer, raising $26 million as part of a $125 million capital raise to fund its $300 million acquisition of Incitec Pivot’s fertiliser distribution business.

Babylon Pump & Power is set to acquire Blue Hire, expanding its rental fleet and market reach in Western Australia, while extending its retail entitlement offer deadline to June 13.

Wingara AG Limited reported an 18% revenue increase to $3.5 million for FY25 but posted a reduced net loss of $1.47 million, reflecting a strategic pause in fodder operations amid challenging market conditions.

Nufarm Limited confirms its half-year earnings align closely with analyst expectations despite a late-stage $16 million inventory valuation adjustment. The company maintains compliance with ASX disclosure rules amid market scrutiny.