Projects worth $30 million expected to wipe out animal pests and offer weed control
Nineteen projects will be funded following a competitive grant process to research and advance breakthrough solutions to control of some of Australia’s worst established pest animals and weeds, including fall armyworm and prickly acacia. The high calibre and diversity of projects coming from this popular grant fund will deliver a range of control solutions leading […]
Assurance program is expected to move dairy exports forward
· A new project, the Dairy Export Assurance Program has launched. · It will help more dairy manufacturers to become export ready. · The program will identify regulatory hurdles, align food safety regulatory and commercial assurance and reduce compliance burdens. A new partnership to deliver the new Dairy Export Assurance Program has launched to cut […]
New chair and directors appointed to Agricultural Innovation Australia
Agricultural Innovation Australia Ltd (AIA) was first established on 1 October 2020. It is managed by an independent, skills-based Board, and invest in strategies that address shared challenges and opportunities to deliver transformative outcomes for the agriculture sector. The three new directors to the inaugural board of Agricultural Innovation Australia (AIA) are: Mr Bernie Brookes […]
Funding boost for fruit fly research
Federal and state and territory governments are together tipping in $13 million to strengthen Australia’s fruit fly system research program.
CNH bounces back in fourth quarter of 2020
CNH Industrial reported strong results for the fourth quarter of 2020, with consolidated revenues of US$8.5 billion (up 10%) and adjusted EBIT of Industrial Activities of US$520 million (up 73%).
Manitou revenue drops while orders rise
Telehandler builder Manitou Group has reported a 24% drop in revenue for 2020 but says orders were at record levels by the end of the year.
AGCO sales reach US$2.7 billion for fourth quarter of 2020
AGCO reported net sales of approximately $2.7 billion for the fourth quarter of 2020, an increase of approximately 8.1% compared to the fourth quarter of 2019.
EW Nutrition acquires Novus feed and pigment business
EW Nutrition, a global provider of animal nutrition solutions, has acquired the Feed Quality and Pigments business from Novus International.
Caterpillar revenues take a hit
Caterpillar has published its full year financial results, which show its 2020 sales and revenues figure of US$41.7 billion was down a significant 22% on 2019’s $53.8 billion.
RIC interest rate cut continues trend to back farm operations
Farmers and farm-related small businesses across regional Australia will be further supported with the interest rate on Regional Investment Corporation (RIC) loans dropping to a record low of 1.77%