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Chinese-owned Rifa Salutary puts beef portfolio up for sale

The portfolio in NSW and Victoria will be sold as a whole or in parts and is expected to fetch more than A$150m.

Four takeaways from Agri Investor’s Australia Forum

This year’s conference saw more LPs than ever before, as agriculture continues to grow as an asset class.

CPC sells second property to Cleveland Agriculture in A$30m deal

Terra Firma-owned Consolidated Pastoral Company has offloaded the 246,000-hectare Ucharonidge Station, the eighth deal since its portfolio divestment began in 2018.

Investors want sustainable beef production

The latest annual update to the Australian Beef Sustainability Framework shows an industry trying to get on the front foot with consumers and investors.

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.

Strong Australian ag returns despite slowdown

NCREIF committee said it has ‘no concerns’ over contributor Blue Sky’s asset valuation process.

Future meat tax ‘highly probable’

An investor group vocal about environmental issues says food companies and their financial backers should use an internal ‘shadow price’ to account for future costs applied to protein production.

Joanna Plains property attracts strong PE interest

Located north of Perth with its own water resource and easy access to the Dampier gas pipeline, the 6,679-hectare property has already drawn interest from private equity investors within a week of being put on the block.

Cattle industry applauds China beef agreement

A Cargill spokeswoman called the deal a “significant development.”

China agrees to resume US beef imports after 13-year hiatus

China will allow US beef imports as soon as possible but no later than July 16, 2017, while the US will publish a proposed rule by that same date that will allow imports of cooked Chinese poultry into the US.
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