A 7% increase in pork production offset decreases in all other categories of US red meat production.
New South Wales and Victoria deals dominated Chinese investment into Australia.
Global demand for dairy will remain weak throughout 2016, largely due to EU overproduction, but the outlook for 2017 is better.
The land and livestock company nearly tripled its 2014 net profits after two years of losses between 2012 and 2013.
KPMG predicts a strong 2016 after Chinese investment in agriculture rose to A$375m last year.
Growers face a widening gap between farm costs and sales, as downward pressure on agri prices persists.
China has overtaken Japan as Australia's main export market, driven by demand and competitive pricing.
Rents could fall even more dramatically in 2017 if commodity prices do not rebound.
Timberland funds attracted $600 million less by volume than in 2014, and agri investments attracted $3.9 billion in 2014 and 2015, according to the natural resources investment survey.
Brazil had a record harvest, and Australian production also went up, but the US market will be faced by new challenges as demand for organic sugar increases.