News

‘The more you come to work the more exposure you have’: A work-while-sick culture leaves meat-plant employees fearing for their lives during the pandemic

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 […]
‘The more you come to work the more exposure you have’: A work-while-sick culture leaves meat-plant employees fearing for their lives during the pandemic
News

One of the world’s largest banks has issued an alarming warning about antibiotic resistance — with big consequences for humanity

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. […]
One of the world’s largest banks has issued an alarming warning about antibiotic resistance — with big consequences for humanity
Markets

Elders profit jumps higher on a boom in cattle stations

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 […]
Elders profit jumps higher on a boom in cattle stations
News

It looks like Gina Rinehart will win the race for S Kidman & Co.

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 […]
It looks like Gina Rinehart will win the race for S Kidman & Co.
News

The biggest cattle business in Australia is ready to sell to China

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 […]
The biggest cattle business in Australia is ready to sell to China