Business
Cane farm losses expected from macadamia takeover in sugar town Maryborough – ABC News
More than 5,000 hectares of sugarcane farmland in Maryborough will be converted into a macadamia orchard and space for other crops.
More than 5,000 hectares of sugarcane farmland in Maryborough will be converted into a macadamia orchard and space for other crops.
Key points:
- Five thousand hectares of cane farmland is being sold in Maryborough
- It will be converted to macadamia and other crops
- It brings into question the viability of the sugar mill
It has been revealed that Rural Funds Management (RFM), a specialist agricultural fund manager with 1,500 investors, entered a deal to buy M…
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