THE Saudi Agricultural and Livestock Investment Company and Western Australia-based investor PenAgri have listed their jointly owned Merredin Farms Wheatbelt Portfolio to wind up SALIC’s involvement in Australian broadacre cropping.
Located in the North Bodallin district of WA’s Central Wheatbelt , the portfolio covers 77,954ha, including 66,159ha suited to cropping.
It is also suited to mixed farming, although sheep have been phased out of the operation in recent years.
“It’s being sold…