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More than $2.5 million will be spent on grains research in South Australia following a record number of funding applications to the SA Grain Industry Trust.

(Bloomberg) -- Australia’s sheep industry is in crisis, with prices near the lowest level in 16 years forcing some farmers in the country’s west to give their animals away for free to pet-food manufacturers.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsMalaysia Ren

The 86th Annual South Dakota Sheep Growers Association (SDSGA) Convention kicked off in Rapid City, bringing together farmers, vendors, veterinarians, and livestock industry professionals. The event serves as a valuable platform for discussions and knowledge sharing on various aspects of the sheep industry.

This year, it sees a working Sheep and Cattle Ranch with over 100 years of history producing some of the nation's finest wool and meat products.