Binyamin Ali
With a further $14bn injection into the USDA expected to land in July, the intervention suggests trouble runs deep – the reality is a little more complicated.
Melville takes responsibility for a portfolio of industry-leading brands and will help shape the company’s editorial vision.
The Domain Capital Group subsidiary company has pursued a short-term buy-and-sell timberland strategy since it was founded in 2017.
Agriculture and bioeconomy loan program intended to part-fund corporate projects worth €15m to €200m could provide working capital loans.
The UAE capital will deploy $270m by 2021 as part of a strategic agtech program that has the end-goal of turning the city into a regional and global exporting hub of food tech innovation.
TIR Europe Forestry Fund II is close to securing its first acquisition – a $30m property in the south-east US.
The first $10m tranche of the investment forms the bulk of Pure Harvest’s $20.6m Series A, with access to the rest of the outlay dependent on expansion targets being met.
US-based vertical farmer AeroFarms will build what is claimed to be the largest vertical farming R&D center of its kind in Abu Dhabi, while UAE-based vertical farmer Madar Farms will build an indoor tomato farm through the investment.
The Eastern European country has some 41m ha of underdeveloped arable land. A new law that ends the near 20-year moratorium on farmland sales is just the start of a long road ahead.
Unlike various other ag segments, fishing and aquaculture will continue to suffer as long as populations are in lockdown and restaurants remain closed.