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Permanent Crops

With a boom in almond orchards contributing to depleting the state’s aquifers, investors should be aware that ‘the party is going to be contained,’ an insider tells us.
Founder Pam Marrone says former BASF exec Kevin Hammill will bring further heft to the business after an equity injection led by Ospraie Management.
California’s nut orchards have been recovering from a cold snap. But patient investors that keep their cool can still double their money in a matter of years.
Chief executive Ejnar Knudsen says the TIAA affiliate plans to entice regional peach and vegetable growers to Titan Farms’ processing facility to leverage the company’s advantageous location.
Managing director Greg Richards tells Agri Investor that potential expansion of Fresh Innovations California could focus on the apple-growing regions of Michigan and New York.
Fifteen banks are backing the innovative scheme, which will allow the group to pay lower interest rates once it meets a set of ESG targets.
The market is bracing for a supply surge as the past decade’s plantings begin to bear fruit, an insider told us.
The group is getting close to being able to supply the fruit all year round after purchasing a facility in a fourth Australian region.
Backed by the Clean Energy Finance Corporation and other institutional investors, the 15-year vehicle will target both row and permanent crops across Australia.
Sheep and horticultural assets will be the hot-ticket items that continue to draw investor interest in Australian ag, the real estate firm predicts.
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