American meat-processing plants have been hotspots for the coronavirus, and more than 20 workers in the US have died. While companies have introduced protective measures for employees, workers say they have come too late and are not enough. Social distancing inside of the densely packed plants is nearly impossible, workers […]
Wagyu beef from Japan is the most prized beef in the world. High-grade wagyu can cost up to $US200 per pound. The rarest steak in the world, olive wagyu, can cost anywhere from $US120 to over $US300 for a steak. Wagyu calves can be 40 times the price of US […]
The use of antibiotics in agriculture could have “devastating” consequences for humans, according to a research team at HSBC. Experts predict that antibiotic resistance could lead to 10 million deaths annually by 2050. Many of the world’s antibiotics are used in meat production, which has expanded significantly since the 1960s. […]
While companies race to turn animal cells into restaurant-grade burgers that eschew the environmental and ethical baggage of traditional meat, a battle is brewing over who gets to police them. On one side is the the Food and Drug Administration (FDA), which has the bulk of participation from most of […]
The New Zealand Government says it has one last shot at eradicating the country of Mycoplasma Bovis and it’s going to try. Cabinet made a decision on Monday to push ahead with ridding New Zealand of the disease, which is on a scale never faced before. Phased eradication could involve […]
A bankrupt former Queensland property developer who set up a failed whisky distillery investment in Tasmania fails again with a cattle scheme Corporate watchdog ASIC is believed to have been monitoring the scheme for nearly two years, and finally acted this week over animal welfare concerns Investors complaining to police […]
From lipstick to jet fuel, cows provide it all...
Presented by Brisbane Marketing. A wholly-owned subsidiary of Brisbane City Council, Brisbane Marketing takes a leadership role in shaping the city’s future prosperity. They facilitate economic growth and promote the city nationally and internationally as Australia’s new world city. A chance meeting in China three years ago started a multi-million […]
Scientists are close to bringing back a huge...
Billionaire mining magnate Gina Rinehart will get control of most the land held by the S. Kidman & Co cattle empire in a deal which sees the holding split to isolate an area with national security issues. The largest station in the Kidman group, Anna Creek and its outstation The […]
Elders Limited today posted a 35% rise to $51.6 million in its full year after tax profit as the boom in the cattle industry flows through to the agribusiness. Revenue was up 9% to $1.64 billion. CEO Mark Allison says high cattle prices drove higher livestock earnings and also real […]
Billionaire mining magnate Gina Rinehart looks to have fended off a rival bid for Australia’s largest beef business, S Kidman and Co. Four Australia graziers — Tom Brinkworth, Sterling Buntine, Malcolm Harris and Viv Oldfield (BBHO) — announced plans to make a $386 million bid for the nation’s biggest private […]
A consortium of Australian families has emerged as a competitor to buy S. Kidman & Co., Australia’s largest cattle business. Mining magnate Gina Rinehart wants to buy the land, in a $365 million deal which would see 67% of S. Kidman and Co. owned by a domestic company and the […]
Hurricane Matthew was a devastating storm.
Stocks are going up all over the world...
The legendary pastoral business S. Kidman & Co is in talks to sell to Chinese-based Dakang Australia Holdings and ASX-listed Australian Rural Capital Ltd for $370.7 million. The 116-year-old business, which covers 100,000 square kilometres of the Australian outback – making it bigger than Israel – was put up for […]
Agribusiness investment group Australian Rural Capital is working with China’s Shanghai Pengxin Group in a joint bid to buy S. Kidman and Company Limited, the massive cattle company which controls about 2.6% of Australia’s rural land. Treasurer Scott Morrison last year blocked the sale to foreign buyers, saying the size […]