Livestock

Merricks Capital, which manages the A$470m Agriculture Credit Fund, will become part of ASX-listed Regal Partners in July 2024.

The Queensland-based fund will seek to deploy more capital in its home state, building on existing investments including the QLD Regional Livestock Exchange.

The firm manages a 306,000ha portfolio that is regeneratively managed and sequestered 100,000 tonnes of CO2 while emitting 30,400 tonnes.

The latest edition of Rural Bank’s annual analysis of Australian farmland values shows that growth rates continued to slow after an exceptionally strong five years.

A tighter market is likely to see more deals done based on economic fundamentals rather than hopes of capital gain, Rabobank says.

Profits dipped at Macquarie Asset Management thanks to increased costs in developing renewable energy projects, as well as a slowdown in asset realizations in clean energy.

Cobalt previously operated as Green Plains Cattle Company, a JV between AGR, StepStone and Nasdaq-listed ethanol producer Green Plains.

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.

Mandalay Venture Partners hopes a commitment from Queensland Investment Corporation will help to attract more investors ahead of a final close.

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.