Peanut industry confidence returns after Crumptons takes over Bega sites (australia) — ABC News – Australia
ABC News – Australia ·australia ·15 hours ago

Peanut industry confidence returns after Crumptons takes over Bega sites

Crumpton Group's acquisition of two processing sites in Queensland has restored confidence among peanut growers following Bega Group's exit last year. With 2,500 to 3,000 tonnes expected to be processed at the Tolga site, growers express relief at the renewed opportunity to cultivate peanuts domestically. Despite optimism, challenges remain due to lower prices pressured by imported peanuts.

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Published 19 Jun 2026, 20:30 UTC · Updated 19 Jun 2026, 20:40 UTC

Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections