Ruralco posts $16.6m profit despite dry season setbacks

Andrew Marshall
Updated May 15 2019 - 3:33pm, first published May 14 2019 - 3:00pm
Ruralco's $16.6m swansong profit defies dry season setbacks
Ruralco's $16.6m swansong profit defies dry season setbacks

Takeover target, Ruralco, has weathered a drought-driven downturn in cropping activity, cattle prices and its water services business to hold its underlying six-month profit at $16.6 million, helped by higher stock feed demand and saleyard numbers.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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