Crops

To launch its first unlisted diversified fund, Duxton Capital, which has more than A$900m of AUM in agriculture, will build on a seed investment from an Australian institution.

Strong commodity prices and relatively cheap water make it a ‘good time’ to be an irrigated producer in Australia, goFARM’s Liam Lenaghan says.

Retail prices for avocados in Australia are tracking 47% below the five-year average thanks to an oversupply following large harvests in 2021-22.

University of Illinois professor Bruce Sherrick says trade, policy and inflation trends have created the most dynamic environment for farmland since the early years of last decade.

CEO Ejnar Knudsen says the California pepper specialist is well positioned to bring produce from expanding greenhouse and controlled-environment production into existing sales channels.

Senior analyst David Magana says strong export markets and new cultivars are helping draw investors who have long focused on almonds and walnuts into pistachios.

AC Fund3 will target low to mid-teens net IRR through a focus on fresh citrus in the US, Australia and Spain that builds upon the firm’s previous experience in permanent crops.

The Transforming Farming Platform now has a portfolio of more than 12,500ha acquired across eight separate transactions.

PSP’s Australian cropping assets will no longer be managed by Warakirri Asset Management, although their partnership on Aurora Dairies will continue.

The two foundation assets for the Warakirri Farmland Fruit are stone fruit orchards that will be leased to WF Montague under a 20-year agreement.