Adequate reserves stocks and good pasture conditions are reasons for decline, the USDA says.

Purchase includes two oilseed expeller crushing facilities.

The two have been in negotiations since late April.

July ag barometer jumps 27 points from the previous month.

Underlying EBITDA forecast in range of A$65 million to $A85 million.

China-based company also will invest in expanded production in Brazil.

Farm returns below 2% for fifth year.

Working to give farmers access to high-yielding, climate resilient rice varieties.

Heavy flooding in part to blame for the lower production projections.

The new high-efficiency train transported 14,821 tonnes of grain.