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Water availability is "a massive concern", says David Hollinrake, vice president of Bayer CropScience, the crop protection giant.

Rural Funds Group, the ASX-listed farmland REIT, raised the capital through a placement with new and existing investors. It also launched a $7.5m entitlement offer for existing investors.

Select Harvests wants expressions of interest from long-term investors to enter into a sale-and-leaseback arrangement on over 5,000 acres of underdeveloped orchards.

The private equity group has bought a majority stake in Palacios Alimentacion from venture capital firms ProA Capital and Talde, and private markets giant Partners Group.

The firm is understood to have spent A$250m on the acquisition from global food giant Kerry Group.

The Dutch VC firm has invested $5.6m into LemnaTec, the agricultural data analysis and phenomics company.

Conterra Asset Management entered into a joint venture with Farmer Mac to provide fee appraisal services for farmland owners and is targeting a $100m first close of its agribusiness PE fund later this year.

Flow Kana, the Californian service promoting organic cannabis production, is raising capital for technology improvements.

The listed Australian farmland REIT has entered into a 22-year lease with Olam Orchards, on land it is converting from grazing and cotton.

Agriculture technology companies raised the capital across 264 deals and with 271 unique investors, according to a new report from AgFunder, the fundraising platform.