Livestock

QIC, New Forests and Macquarie Asset Management are taking different approaches to the nascent asset class, but there are common themes.

The median price per hectare of Australian farmland increased by 27% in 2021, with a double-digit rise expected again in 2022 before a slowdown.

QIC plans to raise at least A$500 million for the Queensland Natural Capital Fund, its first commingled agriculture and natural capital fund.

New Zealand Rural Land Co, which listed on the NZX in 2020, now owns 11,710ha of rural land on New Zealand’s South Island.

Tom Strachan was an executive director at Packhorse Pastoral Company and an investor in agricultural properties, after founding and selling labor hire company AWX.

CEFC’s investment will be used to help Paraway Pastoral Co achieve a target of cutting on-farm methane emissions by at least 30% by 2030.

The Premium Food Fund has made five investments to date and is 40% committed, with another two or three deals over the next two years set to take it to full deployment.

Vision Ridge partner George Polk says shifts among policymakers and food companies have sharply increased demand for renewable natural gas.

Boston Consulting Group predicts that an 11% market share for alt-proteins by 2035 would be ‘equal to decarbonizing 95% of the aviation industry.’

Although methane only stays in the atmosphere for roughly 12 years while carbon dioxide hangs around for up to 1,000 years, it is 25 times more potent and may also be priced.