Grains

Targeted spraying technology can provide a significant reduction in herbicide use in growing crops and fallow ground, as well as night and day applications.

It is a common, but complex question for grain growers: Do I grow my farming business by purchasing more land, or by improving the hectares I already own? The answer may come from an innovative co-investment by the Grains Research and Development Corporation (GRDC), the University of Southern Queensland and the Department of Agriculture and Fisheries (DAF) endeavouring to provide growers with the cost benefits of improving or ameliorating soil to boost both farm productivity and long-term land value.

Agribusiness Elders, reporting a strong lift in sales and profit for the half year to March, is upbeat on the rest of the year with improved winter cropping conditions and good cattle prices. Sales at Elders were up 22% to $1.1 billion and statutory profit was 31% higher at $68.2 million.

The development of ‘long coleoptile’ genetics that allow wheat plants to establish on moisture deeper in the soil has attracted strong interest from grain growers looking to improve crop establishment and therefore yields in a drying climate.

GrainCorp, releasing its half year results, sees high global demand for Australian grain and oilseeds. In the six months to the end of March, underlying EBITDA from continuing operations was $140 million, up from $105 million.