Daniel Kemp
To launch its first unlisted diversified fund, Duxton Capital, which has more than A$900m of AUM in agriculture, will build on a seed investment from an Australian institution.
Strong commodity prices and relatively cheap water make it a ‘good time’ to be an irrigated producer in Australia, goFARM’s Liam Lenaghan says.
Tariffs of up to 218.4% on Australian wine have all but eliminated exports to mainland China, which could not be replaced by growth in other markets.
Retail prices for avocados in Australia are tracking 47% below the five-year average thanks to an oversupply following large harvests in 2021-22.
Annual farmland continues to outperform permanent farmland in the ANREV Australian Farmland Index, driven by high commodity prices and bumper yields.
The firm, co-founded by partners including three former Queensland University of Technology start-up program managers, is seeking up to A$50 million for its first VC fund.
The Transforming Farming Platform now has a portfolio of more than 12,500ha acquired across eight separate transactions.
'We certainly think that there is an opportunity to have a natural capital platform around carbon and biodiversity,' New Forests managing director Radha Kuppalli said.
AAM’s flagship Diversified Agriculture Fund is seeking more capital to deploy into its northern Australia cattle assets and to expand its softwood timber businesses.
Sale of Hume Forests follows the divestment of Green Triangle Forest Products to AXA IM Alts in one of the sector’s largest deals of 2021.