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Strong prices to prop up 'average at best' SA grain crop
South Australia is on track for an “average at best” grain harvest this year, with bumper winter rains bookended by drought-like conditions in autumn and a dry start to spring.
South Australia is on track for an “average at best” grain harvest this year, with bumper winter rains bookended by drought-like conditions in autumn and a dry start to spring.
Strong performances across all sectors has helped South Australian agribusiness Elders deliver a surge in profits for the first half of its financial year of $68.2 million, up 40 per cent on the same period a year ago.
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As an industry that is intrinsically tied to the Australian identity, the Agribusiness sector has enjoyed a prime position in the public psyche for many years. But concerns over some industry practises has the sector looking to technology and updated methods to grow productivity and address renewed community expectations.
Welcome to Briefcase, a quick tour of announcements, awards and events showcasing the everyday exploits of SA businesses.
South Australian agribusiness Elders has reported a healthy statutory profit after tax of $122.9 million for 2019-20, an 80 per cent increase on the previous financial year.
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