Crops

Long-Term Asset Partner’s mysterious bid for 100% of GrainCorp faces a May 10 deadline after sale of liquid terminals to ANZ Terminals, owned by several infra fund managers.

Stafford made its first farm acquisitions in the country in December, using a separate account, head of agriculture and food Jos Boeren told us.

Saudi Agricultural and Livestock Investment Company has bought 200,000 ha of land in WA from John Nicoletti and is considering opening an office in Perth.

Macquari wants to optimize land use within the portfolios of subsidiaries Paraway Pastoral Co and Viridis Ag.

Cotton Australia condemns a ‘dangerous political stunt’ from a South Australia senator proposing a banning on cotton exports.

The firm plans double the size of Houweling’s Group’s 30-acre Utah greenhouse, as expansion capital becomes increasingly important for the indoor ag market.

Washington agronomist Stu Turner tells Agri Investor that a large apple crop in 2017 has helped financial investors play an increasingly active role in the state’s farmland market.

Head of natural resources Marc Drouin tells Agri Investor his unit would have been unlikely to take on such a complex agricultural investment three years ago.

AgIS founder and president Jeff Conrad told a conference audience last month that US pensions are increasingly viewing farmland as a permanent fixture of their asset mix.

Land Down Under achieved total annual returns of 12.75%, compared with 6.87% in the US, according to the Australian Farmland Index.