Crops

Private investors are well-positioned to help revive industrial hemp in the US, but they will have to navigate a hopeful market carefully.

Executives from the Renewable Resources Group-owned company said the sale would allow them to focus more on its technology, breeding and licensing business.

David Gladstone says the NASDAQ-traded REIT’s pipeline of potential acquisitions is 'as strong as we’ve ever seen', as he hopes to get the company's farmland portfolio to $1bn in 2020.

Recently formed asset manager said it ‘doesn’t have any plans at present to pursue other acquisitions’.

Though profit potential of up to $748 per acre has prompted much excitement, director of economic research Jackson Takach expects currently-elevated returns to shrink by about 2024.

California legislation of groundwater may be harming the value of such properties, says The Specialty Crop company’s Kevin Herman.

Scott Hogan previously oversaw restructuring of Louis Dreyfus Company’s Florida-headquartered citrus unit following its crop disease crisis.

Fernando Martins, a partner at Bain & Company, says in the absence of regulation, fund managers, their investors and corporations active in agribusiness are preparing for a carbon-constrained future.

Meat processor Thomas Foods is selling the 5,728ha horticulture property, which has a High Security water entitlement for the Darling River.

Double Impact fund principal Chris Cozzone says agriculture is a key focus for the $390m vehicle, with biological inputs and precision agriculture of particular interest.