Crops

The ANREV Australian Farmland Index recorded its lowest annualized return to date as returns fell below zero for the first time.

The firm had wanted an olive oil business in its portfolio since 2017 but could never find an asset with the right combination of attributes until last year’s acquisition.

The company is a grower and packer of conventional and organic fresh produce such as potatoes, herbs and citrus fruits.

The value of horticultural production is projected to hit a new record in 2024-25, but the good news does not extend to wine production, according to ABARES data.

The Canadian asset manager seeks to combine global opportunities with local partnerships as it builds a diversified portfolio, having built a large portfolio in Western Australia.

The firm’s Regenerate European Sustainable Agriculture Fund received a €150m commitment from M&G Investment’s Catalyst strategy in 2023.

Louis Dreyfus Company’s acquisition of Australian firm Namoi Cotton comes as the industry seeks innovation in the face of climate concerns.

Negative appreciate across numerous permanent crops such as almonds, pistachios and citrus fruits wiped out income returns on a net basis.

Louis Dreyfus Company will use economies of scale to bolster the Namoi Cotton business while pursuing opportunities in northern Australian cotton.

The deal to delist Costa Group now only requires the formality of Foreign Investment Review Board approval to complete, with the firm set to become a private company again after listing in 2015.