Daniel Kemp
Gunn Agri Partners revealed that the Gunn Agri Cattle Fund, which is now fully deployed, reported EBITDA of A$19.7m for the year ending June 2020.
In his first interview since founding Argyle Capital in August 2019, Morrison discusses his regrets, water’s standout performance and superfunds’ reluctance to invest in ag.
Lion Dairy & Drinks is Australia’s second-largest milk processor but the proposed sale did not include any farmland, an area of concern during previously blocked Chinese takeover bids.
Rural Funds Management will use some of the proceeds of the sale to further its macadamia orchard development strategy.
AGP and four other investors have committed A$13m to the livestock feed additive start-up that has been shown to reduce methane emissions from beef and dairy production by up to 80%.
A growing south-east Asian market, a good sustainability story around Australian cotton and the potential for expansion in the north of the country will underpin export growth, Rabobank says.
China’s Ministry of Commerce has opened an anti-dumping inquiry into Australian wine, after tariffs on barley were introduced earlier this year amid simmering trade tensions.
The consumptive water pool is set to be higher in 2020-21 than it was last year, but more rainfall is needed to make a material difference to water prices.
The fund manager invested in tomato producer Sundrop Farms via the Growth Infrastructure Fund, which has scaled back its fundraising target due to covid-19.
The listed manager has built on its acquisition of goFARM Asset Management by building out its unlisted Agricultural Trust No 1.