Tandou (TAN)

Shares / Stock Code

TAN

Stock Exchange / Sharemarket

ax

Tandou (TAN) is involved in the production & marketing of irrigated crops including Pima & upland cotton, Durum wheat & Malting barley, wine grapes, stone & pome fruit, Merino wool and operation of cotton gin & winery. The Company listed on Australian Stock Exchange (ASX) on 26 November, 1987.

TAN was originally established in 1972 as a private company growing irrigated cereals and grazing Merion sheep. Tandou has developed into a stable and diversified Australian company specialising in various agricultural areas. TAN has an annual turnover of more than A$40 million and has established itself a global presence.

Tandou offers a variety of agricultural products to domestic and international markets. In production, Durum wheat & malting barley are grown in rotation to facilitate sustainable cotton production, also the latest laser-based technology are being used to level irrigated fields. TAN aims for quality and value, this is achieved by innovation, diversification and conservation to deliver positive economic, social and enviromental outcomes.

Major customers consist of local retailers, healthcare professionals, supermarkets and specialised nutritional shops. TAN's competitors are firms that offer similar products of nutritional value on the market and this may lead to a competitor to exert pressure on TAN through competitive pricing strategies.

The Company sells its products to customers located in Australia, Europe, Asia and the United States. In January 2010, the Company acquired 3091 megaliters of Victorian Murray High Reliability entitlements. In December 2009, the Company sold of 100% interest in Nexteq Pty Ltd. Tandou is a publicly listed company on the Australian stock market.

Tandou Pastoral

When Tandou commenced operations at Menindee in 1972, a large merino flock grazed the significant pastoral area surrounding Lake Tandou. Over the years the emphasis on grazing these areas moved from production to stewardship aimed at managing the valuable rangeland resource. In 2002 the decision to destock merinos from the pastoral area was made, due to declining returns and increasing cost of running the commercial merino operation.

In 2007 with a desire to actively manage and create income from thDorpers grazing native pastures at Tandoue pastoral area, Tandou turned to the Dorper, a sheep bred in South Africa for meat production. It is a cross between the Dorset and Persian breeds and is a highly fecund, fast maturing animal. The Dorper is ideally suited to Tandou’s pastoral environment as they require little management, due to the Dorper’s ability to shed its wool.

To add further value to its pastoral operations, Tandou is in the process of gaining accreditation as an organic producer. Tandou is currently classified as “Pre-Certified” to organic production under the Biological Farmers of Australia (BFA) Standards. BFA is Australia’s peak organic certification body and their accredited produce is sought after in domestic and international markets. Tandou pastoral country is ideally suited to organic production as a result of the minimal management inputs required for the Dorper breed and the careful responsible management of this pastoral country for many years.