Crops

Eric Jackson, chief executive at AMERRA-linked Pipeline Foods, tells Agri Investor that he expects to bring in at least one direct institutional investor by the end of next year.

Below average rainfall and frost have led to dramatic cuts to wheat, barley, canola and chickpea production forecasts.

Agriculture demand is set to soar as Brazil’s 21 million middle-class households become increasingly health-conscious, according to the USDA.

The US growth capital firm, which aims for net IRRs of about 30%, had led Blue River’s $17.5m Series B funding round in 2015.

With production soaring amid plateauing demand, ethanol prices are in for a global correction. Yet there are still investment opportunities left.

The US farmland REIT paid $5.4m to purchase White Hawk Vineyard, a California winery where the company hopes to more than double production.

While area and yield increases continue to put pressure on prices, the fortunes of pulse farmers around the world are likely to depend on demand in the subcontinent, Rabobank says.

The agroforestry vehicle, which targets 10-12% net IRRs, has sealed its fifth deal two years after closing.

The $12.3bn pension has invested in Folium Capital’s debut agricultural vehicle, which is understood to be seeking mid-teen returns from a strategy focused on Europe and the Americas.

The UK-based DFI plans to use the farm as a hub for a regional development effort aiming to stimulate commercial agriculture in the southern African nation.