Dairy

Ag giant’s latest move is in response to 'dynamic and competitive' protein market, says firm.

President Obama’s secretary of agriculture tells Agri Investor why he’s working to forge long-term partnerships in China as the Trump Administration follows through on its campaign promise of trade war with the country.

Matthew Jansen, who had the same position with China National Cereals, Oils and Foodstuffs Corporation’s international grain business, has reportedly joined Saudi Arabia’s state-backed ag investment unit as chief executive.

In the second part of our interview with Proterra managing director Rich Gammill, we learn what convinced the firm to exit its China-focused dairy business to a joint-venture partner.

The firm's investment in AustAsia leveraged its connection with Cargill to help create a giant dairy company. In the first instalment of our interview with its managing partner, we explore how it came about.

Producers in the state lost more than $164m last year, according to its agricultural department, at a time when the industry is slowly opening up to private equity.

Growing partnerships between foreign companies and US cooperatives could help shape future opportunities for institutional investors, senior economist Ben Laine tells Agri Investor.

Foreign investment rules introduced this month have not impacted the Rushy Lagoon sale, says CBRE's Peter Ryan, though the wider market may take 'a little time to adjust.'

The dairy and ingredient provider’s purchase of UK-headquartered Roil Foods follows its add-on of Fayrefield Liquids in August.

Acquired by its owner for A$8.2m in 1997, the 22,000ha Rushy Lagoon is being sold at a time when the Australian government is introducing tighter regulation on foreign ag investment.