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Daniel Kemp

‘Unsustainable’ Murray-Darling planting levels could crash market

Sunrice chairman Laurie Arthur warns of casualties among irrigation enterprises and industries if horticultural development keeps going at the current rate.

Australian competition watchdog warns of ‘power imbalance’ in wine grape sector

The Australian Competition and Consumer Commission has made a series of recommendations to try to increase transparency and certainty of pricing.

Visibility needed as ‘mixed’ sentiment hits east-coast Australian grains

The first wheat imports to Australia in years raise concerns about the sector – but there is still interest in cropping properties.

Saudi Agricultural and Livestock Investment Company makes first UK move

SALIC has led a £7m funding round for UK-based agtech firm Hummingbird Technologies and will use the tech on its properties in Australia and Ukraine.

Excess capacity in Australian dairy is the ‘new norm’: Fonterra

Fonterra’s strategic review continues with a Victorian factory closure and possible sales of Brazilian JV and Chinese farms.

Mitsui expands investment in Vietnamese shrimp with agri identified as growth area

The Japanese investment giant has acquired stake in Minh Phu Seafood after first investing in an affiliated company in 2013.

Phatisa sells stake in Meridian Group as fundraising for second Food Fund continues

The Africa-focused firm says it has identified $200m of opportunities for Phatisa Food Fund 2, with some transactions at the due diligence stage.

Blue Sky enters receivership after Oaktree loan covenant breach

Future is unclear for the Brisbane-based asset manager as receivers are appointed after ‘significant instability and uncertainty’ at Blue Sky.

Western Australia ‘like California 30 years ago’

Alterra MD says he is seeing the ‘best opportunities’ for investment in WA, attracting interest from North American institutional investors.

The Rohatyn Group puts WA sandalwood estate on market

New York-based emerging markets-focused group has put the 6,700-ha estate up for sale after selling down timber assets in New Zealand last year.
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