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NEWS
UPDATED 31 OCTOBER 2002
INDEXMAY 02JUN 02JUL 02AUG 02SEP 02OCT 02LATEST

31 May 2002 | AWB eyes Goodman Fielder milling assets
AWB Ltd has confirmed that it is considering a number of investment opportunities, in a statement issued to the Australian Stock Exchange yesterday. ...... FULL STORY

30 May 2002 | Graincorp records increased half-year profit
South-east Australian grain storer, handler and marketer Graincorp lifted its interim after-tax profit by 10.9 per cent to $37.8 million for the six months to March 31st, up from $34.1 million for the same period last year. ...... FULL STORY

29 May 2002 | AWB reaps upgrades on strong result
AWB Ltd’s announcement in late May 2002 of a 47.1 per cent lift in half-year earnings to $77.1 million has prompted analysts to upgrade its full-year result and has seen its share price jump by 4 per cent to $4.30. ...... FULL STORY

29 May 2002 | Farmers see bleak future
A new survey of farmers' confidence has found that they have a fairly bleak outlook and are braced for a fall after last season's record crop, with Victorian farmers expecting to be the worst off. ...... FULL STORY

28 May 2002 | Top harvest delivers record for AusBulk
Bulk grain handler AusBulk has achieved a record half-year after-tax profit of $46.8 million. The record result came after a 55 per cent jump in half-year revenue to $402 million. This compared with $340.3 million for all of 2001. ...... FULL STORY

27 May 2002 | Farmers push trade reform amid uncertain outlook
The National Party is under growing pressure to deliver in two policy areas it has identified as priorities: property protection and trade reform ...... FULL STORY

24 May 2002 | ABB Grain takes wheat route with listing
The former Australian Barley Board, now ABB Grain, plans to list on the Australian Stock Exchange, hoping to raise $33 million, which will capitalise the company at just under $130 million. ...... FULL STORY

23 May 2002 | US farm bill discounted as wheat profit soars
AWB Ltd has reported a net profit of $77.1 million for the six months ending March 31st, up 47 per cent on the same period last year. Operating revenue was $1.56 billion, up 20 per cent. ...... FULL STORY

22 May 2002 | WA research group fears GM-free zoning
President of the Council of Grain Grower Organisations, Bruce Piper, says that he has been informed that the Western Australian Primary Industry Minister, Kim Chance, is going to announce that WA is a “GM-free Zone” soon ...... FULL STORY

21 May 2002 | Investors all ears for AWB surplus
Australia's monopoly wheat trader, AWB Limited, will present its first six-month profit report tomorrow since listing in August 2001 ...... FULL STORY

20 May 2002 | GM Canola may be on the way
Monsanto and Aventis Cropscience have announced a request for a license to release genetically modified (GM) canola in Australia. ...... FULL STORY

16 May 2002 | WA to allow mergers for grain bodies
The Western Australian (WA) Government is set to introduce legislative changes to allow the State's major grain organisations to pursue partnerships or mergers with other industry bodies. ...... FULL STORY

10 May 2002 | Westpac NFF Rural Commodity Index continues to fall
The Westpac NFF Rural Commodity Index fell for the third consecutive month as the index came under pressure from a rising Australian dollar, and growing concern about the impact of the US Farm Bill ...... FULL STORY

10 May 2002 | Lack of rain delays sowing of crops
The continuing dry conditions across much of the nation are taking their toll on this year's wheat crop. ...... FULL STORY

10 May 2002 | Australia agrees to soften GM labelling laws
At an international GM standards meeting in Canada, Australian delegates have indicated that they will support a US proposal that only foods considered a health hazard or which have significantly modified composition will require labelling ...... FULL STORY

6 May 2002 | Farmers put industrial waste to good use
Industrial waste is being sold as fertiliser or soil conditioner across Australia for use by farms, vineyards and in home gardens. ...... FULL STORY

6 May 2002 | US Farm Bill adds to poor outlook for farmers
Commodity analyst ProFarmer Australia says that the new $84 billion US Farm Bill, plus more falls over the past week in cattle, wheat, wool and cotton prices, mean that Australian farmers are in for a tough year. ...... FULL STORY

3 May 2002 | Rural commodities boost export figures
Export figures have been released for March with the trade deficit coming down to $500 million, thanks largely to increased rural exports. ...... FULL STORY

3 May 2002 | Egypt continues to buy Aussie wheat
AWB Ltd has sold 240,000 tonnes of wheat to Egypt, taking the volume sold to the Egyptian government to more than 1.2 million tonnes. ...... FULL STORY

3 May 2002 | Rice mill workers strike threatens industry
650 workers employed by the Rice Growers Co-operative have begun an indefinite strike over a pay dispute ...... FULL STORY

2 May 2002 | AWB expansion plans cause concern
AWB's likely purchase of Goodman Fielder's $200 million flour milling assets is causing concern about the potential impact on competition. ...... FULL STORY

1 May 2002 | WA farmers outraged over wheat assignment fee
The Australian Wheat Board (AWB), has caused an uproar with Western Australian wheat growers over its new assignment fee. ...... FULL STORY



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