Administrators of Yeeda Pastoral Company have received a time extension for the next creditors meeting, after finding the Kimberley business was $103 million in debt.
Sandalwood producer Quintis has been placed on the market after receivers were appointed to the business this week, with the sale to include its operations and facilities across Australia.
China will remove its tariff on Australian wine on Friday in a decision that will be welcome news for producers struggling as a glut of local produce impacts prices.
Agribusiness Cargill Australia and the state government are in talks over a potential canola crushing plant which could feed a biofuels hub in Kwinana.
A 5400-hectare parcel of land has been leased to Kununurra’s largest farmer in a boost long-held ambitions for the Ord to become a major cotton growing region.
The boss of Western Australia’s new food research epicentre near Pinjarra wants to help establish research centres in regional towns to drive agricultural innovation.
A famed Kimberley pastoral operation and owner of northern WA’s only large abattoir has fallen into the hands of administrators and is allegedly millions of dollars in debt.
Administrators handling Quintis Leasing’s administration have recommended winding up the company after receiving almost 30 bites during an expression of interest period.
Aquabusiness Seafarms Group has committed to reviving Project Sea Dragon after the Federal Court ruled the subsidiary behind the prawn farm proposal be wound up.
A new biosecurity initiative backed by a $42.7 million kitty will bolster the nation’s ability to detect exotic pests and diseases that threaten Australia’s $31 billion grains industry.
A new food and beverage manufacturing facility has been unveiled within the Food Innovation Precinct of WA for businesses to develop and produce products on a commercial scale.
Two international firms have won contracts with WA’s largest grain handler to build new grain rail sidings under plans by CBH Group to be exporting 3 million tonnes per month by 2033.
The Federal Court has canned a major prawn farm proposal after finding the Seafarms Group subsidiary responsible for the project has been trading while insolvent.