Cargill completes acquisition of Teys beef processing
Cargill and Teys Investments Pty Ltd have completed the successful ownership transition of Teys Australia and Teys USA, with Cargill now holding 100% ownership. This follows the approval of all regulatory requirements, including clearance from the Australian Foreign Investment Review Board (FIRB) and relevant authorities in our export markets. This acquisition marks a significant milestone […]
Andrew MacPherson to be appointed CEO of Teys beef processing business
Cargill has announced that it will appoint Andrew MacPherson as the future Chief Executive Officer of Teys, an entity that has been delivering quality Aussie beef to our customers locally and worldwide since 1946. Andrew will be based in Brisbane QLD, and responsible for driving Teys operations as a leading provider of healthy, high-quality Aussie […]
Farm operations led an export surge of $77.2 billion for season 2024-25
We take a look at what types of farm operations benefited from high-value export income from the 2024-25 season for pointers to current 2025-26 season prospects The value of agricultural exports continued to surge as the 2024-25 season progressed to reach $77.2 billion, with growth driven by a boom in the value of red meat […]
Beef producers make big gains from the Aussie UK trade deal
Aussie beef is all the rage in UK supermarkets with the latest retailer Morrisons customers won over by the superior taste quality When a tariff-reducing trade deal between Australia and the UK went into effect in May 2023, several large retailers in the UK made a point of saying they would not be stocking Aussie […]
Agricultural exports at record high with pressure to continue good run
Coming off a record year for Agricultural exports has growers and producers primed to show it wasn’t a fluke Agricultural exports achieved a new record high value in 2022-23, building upon a strong rise in the prior year. For the record, in 2022-23, the value of agricultural exports reached $79.9 billion, a rise of $12.5 […]