Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | Duxton Farms Ltd (DBF.ASX) |
|---|---|
| Release Time | 30 Apr 2025, 11:06 a.m. |
| Price Sensitive | Yes |
Duxton Farms reports Q3 FY2025 activities
- Diversified agricultural portfolio spanning 177,332 hectares across Australia
- Strong performance of cotton and livestock operations
- Acquisition of 2,386 ha property in Northern Territory completed
- Sale of majority of 'Kentucky' aggregation for $38 million
Duxton Farms Ltd (ASX:DBF) has released its quarterly activities report for the period ending 31 March 2025. The company manages a diversified portfolio of agricultural assets spanning 177,332 hectares across New South Wales, Victoria, and the Northern Territory, producing a wide range of commodities including wheat, barley, canola, cotton, wool, and livestock. The report highlights the company's strong operational performance, with the cotton harvest at Walla Wallah progressing well with yields in line with budget. The livestock sales have also continued steadily, with pricing greatly improved for well-conditioned livestock. The company has also commenced early budding work across its pistachio orchard at Piambie, with very encouraging results observed.During the quarter, the company completed the acquisition of the 2,386 ha NT Portion 8554 property in the Northern Territory for $10.25 million, which will form part of the company's expansion strategy in the region. Additionally, the company settled the sale of the majority of its 'Kentucky' aggregation for $38 million, which included 6,020 hectares of arable land and 48 megalitres of water entitlements.The report also provides insights into the broader Australian and global agricultural markets, including updates on wheat, cotton, and livestock prices, as well as national and international crop production and weather conditions.
The company did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.