• Diversified portfolio of agricultural assets spanning 157,159 hectares across Australia
• Completed broadacre winter crop harvest with 23,744 tonnes of grain production
• Positive progress on pistachio development and livestock program at Mountain Valley Station

Duxton Farms Ltd (ASX:DBF) released its Q2 FY2025 activities report, providing an overview of its diversified agricultural operations. The company manages a portfolio of 157,159 hectares of farmland across New South Wales, Victoria, and the Northern Territory, with an additional 2,386 hectares under contract to be acquired. Duxton Farms produces a range of commodities, including wheat, barley, canola, cotton, wool, and livestock. The report details the company's operational updates across its various properties. In the Forbes region of New South Wales, Duxton Farms completed its broadacre winter crop harvest, producing 23,744 tonnes of grain, although quality was impacted by rainfall during the latter stages of harvest. The company's cotton crops in the region have shown positive growth, with ongoing management of pests and weeds. At the Piambie property in Victoria, the winter crop was harvested in December, with yields coming in below budget due to frosts and a reduction in irrigable area. The company is preparing for the next stage of its pistachio development project. On the leased Mountain Valley Station in the Northern Territory, Duxton Farms has established pasture to complement its livestock program and is well-positioned for the upcoming wet season.The report also provides an overview of Australian and global market conditions, including updates on wheat, cotton, and livestock prices. Duxton Farms recorded a positive operating cash flow for the quarter, primarily driven by the commencement of winter crop sales. The company continues to execute its strategy of diversifying its operations and geographic footprint, including the sale of its Kentucky property and further investments in Duxton Bees and Duxton Dried Fruit.

The company recorded an operating cash flow surplus of $2,240,000 for the quarter ending 31 December 2024, primarily driven by the commencement of winter crop sales.

Duxton Farms continues to execute its strategy of diversifying its operations and geographic footprint, including the sale of its Kentucky property and further investments in Duxton Bees and Duxton Dried Fruit.