Commodities

The value of horticultural production is projected to hit a new record in 2024-25, but the good news does not extend to wine production, according to ABARES data.

Louis Dreyfus Company’s acquisition of Australian firm Namoi Cotton comes as the industry seeks innovation in the face of climate concerns.

Negative appreciate across numerous permanent crops such as almonds, pistachios and citrus fruits wiped out income returns on a net basis.

The Nature Conservancy’s Michael Wironen says the pair contemplate ‘there will be an interest and need in attracting capital’ as the regenerative ag and habitat conservation partnership develops.

Rabobank’s latest half-yearly outlook for global aquaculture shows that salmon producers have much to look forward to, while the outlook for shrimp farmers is more challenging.

Income growth remained negative for only the second time since the 2015 inception of the Australian Farmland Index, as lower commodity prices and climatic changes have an impact.

A mixed bag for 2023 looks set to continue next year – but savvy investors are still finding success.

Levelling out farmland prices, higher interest rates and widespread drought present prospective buyers with plenty to consider.

The number of farmland transactions continued to decline in the first half of the year, which fell to its lowest level in the past 28 years.

The firm has already deployed approximately 40% of the vehicle and has had a A$1.5bn bid accepted by listed Australian agribusiness Costa Group.