Beidahuang

Vicstock venture pulls back

Vicstock Grain and its Chinese backers (Beidahuang) have dramatically scaled back their cropping operations in the Wheatbelt three years after a $70 million spending spree on farmland.

Chinese flooded with land offers

Companies linked to China's biggest agricultural conglomerate are being flooded with offers to buy or lease "hundreds of thousands" of hectares of land in Australia's Wheatbelt in the early stages of their bid to create an independent grain supply chain from the port of Albany.

China scales back WA farm plans

The Beidahuang Group has been dismayed by what it regards as negative media coverage of its investment in agricultural land in Australia and plans to scale back while it still purchases more farms.