Jackson Hewett

Jackson Hewett

Jackson Hewett is the Head of Content at AuctionsPlus. Previously, Mr Hewett worked at News Corp for eleven years, including as editor of Business Spectator and associate editor at The Australian where he created premium content for the national masthead, co-hosted The Australian Ag Podcast with Weekly Times editor James Wagstaff, and has most recently been the editorial coordinator and master of ceremonies of the Global Food Forum.

LATEST

Property Roundup: $100m Border Rivers aggregation

A mammoth southern Queensland dryland and irrigated cropping portfolio is being offloaded by a Chinese investor, as another Holbrook holding hits the market. Plus a carbon investors snaps up NT cattle country. Read on to see what else has happened in property this week.

Rural Bank's latest farmland index: See how your region is performing

Rural Bank's latest survey of farmland values has shown transactions have fallen to their lowest level in 28 years, with the lender predicting flat or declining prices going forward.

Cattle

USDA to pay $2.75 billion to weather affected farmers

The US Department of Agriculture has offered to compensate farmers who lost production due to wildfires and droughts over the past three years, with $US1.75 billion to be distributed.

Costa Group agrees to discounted $1.5bn takeover

Listed fruit and vegetable company, Costa Group will go private after its board accepted a revised offer from US-based private equity firm Paine Schwartz Partners for $3.20 per share.

Investors see 'natural capital' impacting farmland prices, communities

One of the country’s largest landholders has warned that the massive appetitive for investment into the carbon space is putting local communities on edge and risks overwhelming food production.

Sustainability

Carbon project provider GreenCollar bought in $800m deal

GreenCollar, who designs and runs carbon abatement projects on behalf of landowners, has been sold to giant Canadian pension fund Ontario Teachers.

Cattle

Indonesia lifts live export ban

Live exports of cattle to Indonesia can recommence following an agreement between Australian and Indonesian officials to resume trade.

Sustainability

Farmers to start feeling pressure to report on emissions

Coles’ recent announcement that it expects 75% of its suppliers by spend to set science-based emissions targets is just the tip of the iceberg in terms of the incoming pressure on ag producers to report on their carbon footprint, according to a leading fund manager.

Sheep & Lamb

LambEx returning with AuctionsPlus as major partner

Australia’s largest sheep and lamb exhibition, LambEx, is set to return, with AuctionsPlus signing on as premium digital media partner.

Ag news

Earnings Season: What Coles and Woolies are seeing in food

Reporting season is in full swing with some of Australia's largest companies delivering their annual results to the market. Here's what Coles and Woolworths are revealing about their operations.

Cattle

Argentina banned beef exports, then changed its mind

As the country faces rampant inflation amid a currency collapse, nervous officials banned beef exports for 15 days, before rolling the ban back.

Weather

How El Niño in SE Asia will affect commodity prices

A new report by Singapore-based investment bank DBS has concluded that an El Nino event will have a significant impact on the agricultural output of ASEAN countries, driving up food inflation.

Cattle

Why Robert Mackenzie thinks Thunderstruck is the “bull of the century”

Robert Mackenzie surprised even himself by sending the all-breeds record into the stratosphere late last month.

Property

WATCH: Why water could go to $200 a megalitre

Irrigators have been advised to start snapping up water as nervous farmers start stressing about El Niño. Ben Williams, Principal at Aither says that if drier than average conditions take hold prices could go much higher, even after a recent surge.

Property

Rates on hold but debt management key

Interest rates may have stayed on hold for the second straight month, but leading agribusiness advisors say there's no time to wait for a financial review and reset.

Cattle

Australia lags as China dominates gene tech gains in ag

One of the world’s leading researchers into livestock genetics believes Australia, and much of the western world, is at risk of being left in China’s wake when it comes to advancing food production with gene editing.

Sustainability

US Dept. of Ag to invest $300m to track farm carbon emissions

$US300 million program to improve measurement and reporting of ag greenhouse gasses and carbon sequestration is like 'moving the deck chairs on the Titanic' unless it solves for methane and nitrogen, according to a leading expert on farm emissions.

Cattle

EU trade deal stalls over beef, lamb access and naming restrictions

Pop open a Prosecco and fang on some Feta. The EU trade deal is blocatto.

Cattle

Lawson Grains may convert some cropping areas to livestock

The massive Lawson Grains portfolio, with 90,000 hectares across NSW and WA, may see some of its cropping land converted to livestock production as owner New Forests looks to drive asset appreciation via natural capital improvements.

Property

How farmland prices have changed in your region

A new farmland price index created by ABARES has revealed the incredible trajectory of Australian broadacre property over the last three years with the national average price per hectare almost doubling from $2435 in 2020 to an estimated $4689.

Ag news

Productivity Commission finds Future Drought Fund too short-term, poorly coordinated

A Productivity Commission interim review of the $3.9 billion Future Drought Fund has found the program so far has been poorly implemented, lacked a clear strategy and was not addressing the long-term impact of climate change.