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A USDA report finds production costs are falling, but inputs have grown as a percentage of revenues.
Global commodity food prices fell in July, after six months of modest gains, according to the FAO.
Chief executive Michael Dundon tells Agri Investor why the superannuation fund is still interested in agri opportunities, but wouldn’t find more room for building up a greenfield project.
US agricultural banks remain profitable in the face of rising risk and declining loan performance, but high demand could eventually prove a challenge.
The fund has led the largest-ever agtech private equity investment, into a company that produces inputs to improve crop resistance.
The firm has doubled the acreage across its farmland investments having recently acquired six properties for €5.2m.
The USDA has revised the forecast for the year, and also expects major grains to be badly affected until 2020.
The REIT, which now owns 48 farms, continues to focus on high-margin horticultural crops with the 400 acre acquisition.
Growth in the US organic market needs to be backed by better access to seeds, according to the Organic Seed Alliance.
Depressed commodity prices could be brought down further by Brexit market turmoil, meaning lower farmland values but better entry opportunities for investors, said USAG board chair Howard Halderman.