Binyamin Ali
Stéphanie Lachance joins from PSP Investments where she spent 15 years and held multiple responsible investment roles.
Demand will experience a shift to higher value and more sustainable products, as a levelling-off of the population limits overall demand.
Portugal-based LatAm farmland manager TLG is keen to co-invest 5% to 10% with the new buyer and wants to stay on as manager.
Evolving food production systems such as cell-cultured meat and novel uses of fermentation ‘are being combined with an entirely new model of production we call food-as-software,’ says RethinkX co-founder Tony Seba.
The firm is working on two strategies – one for institutional investors that will target farmland and timberland assets, and one that will focus on corporates and their carbon offset needs.
The agtech company chose to acquire the soy processing business instead of building out its own infrastructure to secure a faster route to market.
The firm took more than NZ$150m in commitments in 2021 across its permanent crop, forestry, dairy and farming vehicles.
Remilk uses a fermentation process to produce animal-free dairy proteins and expects to launch its first products later this year.
The country's agriculture ministry said CAP-style direct payments will fall to less than half of current levels by 2024-25, but conceded its successor system is built on ‘blind optimism’.
Bare agricultural land prices in England and Wales rose from £6,912 per acre in Q4 2020 to £7,580 in Q4 2021 – the highest average price since 2016.