Food

Despite having widely supported leaving the EU, British farmers are showing a loss of confidence in the sector’s future post-Brexit, an NFU survey finds.

Mitsui & Co has acquired Top Seeds 2010, making it the third agri/food-related deal the Japanese trading house has announced since the beginning of the year.

A group including Accel Partners and Bessemer Venture Partners participated in the Series E round in the Indian food delivery company.

Located north of Perth with its own water resource and easy access to the Dampier gas pipeline, the 6,679-hectare property has already drawn interest from private equity investors within a week of being put on the block.

Panelists at the IntraFish Seafood Investor Forum in New York compared notes on investors’ expectations as aquaculture expands from salmon into other species including yellowtail, shrimp and red drum.

The poultry producer’s Western Australian expansion will involve relocating existing facilities and selling 40 hectares of land in Wanneroo.

The $300m fund of funds will target returns of about 20% through investments with mid-market private equity funds in frontier and emerging markets, potentially including agriculture-focused funds.

Milltrust Agricultural Investments has made its first acquisition through its MAI Australia Buy & Lease Fund, a vehicle it launched in June 2016 with the backing of UK institutional investors.

New owners Swander Pace Capital hope to capitalize on increasingly-eclectic consumer tastes.

The World Bank’s financing arm will provide a $37m loan for the construction of a new grain terminal at the Black Sea port of Yuzhny, a project whose partners include EBRD, MV Cargo and Cargill.