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Roc Partners-backed Stone Axe Pastoral Company acquires 50% stake in QLD feedlot

Stone Axe continues expansion of its vertically-integrated business on Australia’s east coast as it prepares to produce its first Wagyu meat before the end of 2019.

Harvard Management Company sells Uruguay timber in $330m deal

Local advisor Wilfred Moran says the deal’s size makes it an anomaly in a timber market dominated by transactions of $20m-$25m.

Bain Capital says profit and impact well-aligned in ag

Double Impact fund principal Chris Cozzone says agriculture is a key focus for the $390m vehicle, with biological inputs and precision agriculture of particular interest.

Chinese investment in Australian ag slows to trickle in 2018

Only $85m of deals were made by Chinese investors into Australian agriculture, part of an overall decline in investment in all sectors of 37.6%.

Australian animal activism reminds of the need to be squeaky clean

Vegan protests and criticism of the live export trade are making headlines in the country again. They are a reminder of the need to be whiter than white when it comes to animal welfare.

Timber and agribusiness pushes MetLife ag lending to record 2018

Lowered feed costs have helped create the highest level of investor interest in livestock in a decade, says head of agricultural finance group Barry Bogseth.

Saudi Agricultural and Livestock Investment Company confirms first Australian investment

SALIC has bought a large aggregation from the Nicoletti in a deal that also represents its investment into sheep production.

GrainCorp planned demerger to raise questions over Long-Term Asset Partners takeover

ASX-listed GrainCorp has received ‘no recent definitive update’ on LTAP’s mysterious A$10.42-per-share offer.

First State Super and VicSuper launch merger talks to create A$115bn superfund

The merger would create Australia’s second-biggest superfund if it proceeds, behind only AustralianSuper and ahead of QSuper.

$20m Series D backs pongamia tree expansion

Chief executive Naveen Sika says the company is in discussions with PE firms and other institutional investors about whether the pongamia might be well-suited to Florida farmland previously planted in citrus.

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