The Wee Waa District is a major producer of a variety of agricultural commodities including cotton, wheat, beef cattle and sheep. These industries demand much support in terms of supplies, equipment, expert advice and labour provision. The interdependent relationships between farmers, graziers and business organizations provides the economic basis upon which the Wee Waa Community thrives.


Santos write-downs flagged amid oil price plunge - From ABC News

Santos write-downs flagged amid oil price plunge - From ABC News

Struggling oil and gas producer Santos has warned investors

Struggling oil and gas producer Santos has warned investors that it will take asset value write-downs, but has not put an estimate on how big they will be.

The Adelaide-based energy company has seen its share price fall 72 per cent from a recent peak of $9.10 in May, to yesterday's close of just $2.56, leaving the company hovering around its lowest share price since the early 1990s.

In its fourth-quarter production report Santos reiterated comments in a November 9 investor presentation that it expected to book reductions to asset carrying values and reserves in its full-year accounts, to be released on February 19.

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Thursday, January 21, 2016/Author: Kate Schwager/Number of views (0)/Comments (0)/ Article rating: No rating
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Calling all Young Grain Growers

Calling all Young Grain Growers

Want to drive change on farm and in the Grains industry? The 2016 Australian Farm Grain Leaders Program is about to kick off. Join 9 other young farmers to visit farms in Queensland and Western Australia and visit with industry leaders in Sydney . Grow your own knowledge and skills to apply to your own farm project. Meet industry leaders and attend the industry’s Innovation Generation conference in Western Australia. For more Information contact Facilitator – Jo Eady Phone 0419912879 or email jo.eady@bigpond.com. Applications close 29 January. This program is an initiative of and funded by Grain Growers Limited.
Thursday, January 21, 2016/Author: Kate Schwager/Number of views (0)/Comments (0)/ Article rating: No rating
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Quality improves as heavyweight supply lifts

Quality improves as heavyweight supply lifts

By JESSICA FRECKLINGTON Jan. 14, 2016, 5 a.m. The Land

AFTER the post Christmas slump in lamb sales with most opting for chicken and pork over the holiday period, the new year has bought about a fresh lot of lambs and prices to go with it. 

As sheep markets prepare to get back into the weekly grind, many yards have witnessed an increase in heavyweights coming through earlier. 

The indicator for lamb was 527c/kg Tuesday night. 

Landmark Langlands Hanlon owner Geoff Rice, Forbes, said although the lamb market had surrendered before Christmas, it had since risen along with the cattle market.

Wednesday, January 13, 2016/Author: Kate Schwager/Number of views (0)/Comments (0)/ Article rating: No rating
Categories: AgricultureSheep
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Off-target spray drift costs the cotton industry millions

Off-target spray drift costs the cotton industry millions

By Amelia WilliamsJan. 13, 2016, 5:01 a.m. The Land

A WHOPPING 20 per cent of Australia’s cotton crop has been damaged from off target spray drift this season, costing the cotton industry $20 million to date.

Cotton Australia chief executive Adam Kay said all cotton growing regions in Australia have been affected by off target spray drift this season, with about 60,000 hectares reporting damage.

“I've been in the cotton industry for 30 years, and this is the worst year in memory for spray drift damage to cotton crops, so we are taking this issue extremely seriously,” he said.

Heavy rainfall spurred rapid weed growth across the country, prompting cropping farmers to spray their fallow country.

Tuesday, January 12, 2016/Author: Kate Schwager/Number of views (0)/Comments (0)/ Article rating: No rating
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Santos hits 20 year low

Santos hits 20 year low

Cameron England The Advertiser Adelaide

Santos shares have hit levels not seen since 1995 as the oil price continues to slide

 

SANTOS shares have plunged to a two-decade low despite vague takeover rumours floating around the market.

Santos stock was hammered on Tuesday, closing 26c, or 8.1 per cent lower at $2.95 — levels it has not touched since late 1995.

The Adelaide company’s shares have basically halved in each of the past two years to January, trading at $12.51 in January 2014 and $6.35 in January last year.

At the current share price, the company is worth about $5.2 billion, well below the value of its investment in its $US18.5 billion Gladstone liquefied natural gas plant, let alone its other assets such as its Cooper Basin oil and gas fields and the Moomba gas plant in South Australia, and its overseas and offshore Australian assets.

There was a rumour that the company was being considered as a takeover target by French oil giant Total — also a partner in GLNG — but those rumours were played down by analysts.

 

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Monday, January 11, 2016/Author: Kate Schwager/Number of views (0)/Comments (0)/ Article rating: No rating
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