The California Public Employees’ Retirement System took a hit on its real assets portfolio in fiscal year 2015-2016 that impacted its short-term and long-term returns for the $21.7bn program.
Agricultural trade groups largely welcomed the impending Trump Administration’s nomination of Sonny Perdue to be the nation’s 31st Secretary of Agriculture.
Vermont Senator Bernie Sanders pressed President-elect Donald Trump’s nominee to lead the US Energy Department on his record on climate change.
The National Institute of Food and Agriculture has announced four grants to combat citrus greening disease, which has led to a 75 percent decline in Florida’s $9bn citrus industry since it was first detected there in 2005.
A family office-backed marijuana investment vehicle is raising a fund designed to provide investors with exposure to the burgeoning legal cannabis industry.
Unilever is the first corporate investor in the fund, committing $25m over a five-year period.
Global private equity firm Bain Capital has acquired US retailer Daymon Worldwide and plans to expand its offerings and services across the Asian region, sister publication Private Equity International reported.
With wheat stocks at record levels, US farmers significantly reduced plantings in 2016, which could signal a potential shift for some farmers to other row crops.
San Francisco Equity Partners has acquired a majority stake in Missouri-based Red Monkey Foods, an organic spices and seasonings company.
PABRA’s director noted that the African staple is resilient, inexpensive, easy to grow and sell, highly nutritious and vitamin-rich, yet underfunded.