Beef

Rhinehart increases bid for Kidman pastoral empire

Australian Outback Beef Pty Ltd (AOB), a joint venture company owned by Hancock Prospecting Pty Ltd and Shanghai CRED Real Estate Stock Co Ltd, has increased its offer to acquire 100% of the shares in S. Kidman & Co Ltd (Kidman) to $386,500,000.

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Beef and veal offal exports slip by 16 per cent

September beef and veal offal exports eased 16% year-on-year with 11,765 tonnes swt shipped during the month, taking the year-to-September total to 102,951 tonnes swt – back 14% from the corresponding period in 2015.

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