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Roc Partners-backed Stone Axe Pastoral Company acquires 50% stake in QLD feedlot

Stone Axe continues expansion of its vertically-integrated business on Australia’s east coast as it prepares to produce its first Wagyu meat before the end of 2019.

Strong Australian ag returns despite slowdown

NCREIF committee said it has ‘no concerns’ over contributor Blue Sky’s asset valuation process.

Future meat tax ‘highly probable’

An investor group vocal about environmental issues says food companies and their financial backers should use an internal ‘shadow price’ to account for future costs applied to protein production.

Joanna Plains property attracts strong PE interest

Located north of Perth with its own water resource and easy access to the Dampier gas pipeline, the 6,679-hectare property has already drawn interest from private equity investors within a week of being put on the block.

Cattle industry applauds China beef agreement

A Cargill spokeswoman called the deal a “significant development.”

China agrees to resume US beef imports after 13-year hiatus

China will allow US beef imports as soon as possible but no later than July 16, 2017, while the US will publish a proposed rule by that same date that will allow imports of cooked Chinese poultry into the US.

S Kidman & Co CEO to retire

Greg Campbell led the firm through a two‐year sales process resulting in the sale of the company to the joint venture company Australian Outback Beef.

AACo names executive director to help drive new export markets

The Australian Agricultural Company has appointed Shehan Dissanayake executive director, “a first step in strengthening the company’s executive ranks” as AACo looks to expand into more export markets.

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