Crops

Schoen says NewAg Partners is eyeing up assets being prematurely disposed of by funds limited by their ‘10-year drop-dead PE’ structure, as it targets IRRs in the 12-15% bracket.

The consumptive water pool is set to be higher in 2020-21 than it was last year, but more rainfall is needed to make a material difference to water prices.

The listed manager has built on its acquisition of goFARM Asset Management by building out its unlisted Agricultural Trust No 1.

Favorable climatic conditions have set up a bumper grains crop in Australia. But ANZ warns the sector should prepare for ‘the confluence of major global factors’, including covid-19.

Rural Funds Management will convert the sugar cane properties to macadamia orchards after acquiring them from local grower and processor MSF Sugar.

The private equity firm has made the investment through its $1.3bn Global Impact Fund, which closed in February 2020.

Entrepreneurs and venture capitalists helped the pharmaceutical industry develop faster and cheaper drug discovery methods – a similar change is occurring in crop protection discovery, said managing partner Adam Anders.

Australian farmland's annualized income return of 9.26% outperformed a capital return of 5.21% to help prop up total annualized income, reinforcing the asset's resiliency credentials.

Income returns strengthened significantly despite the fall in capital returns, due to strong export demand for Australian products.

The integrated cotton grower and ginning business has been placed on the market by JG Boswell Company, along with 134 megaliters of water entitlements.