New figures show that American farmland is expected to perform better than equities and bonds over the next 10 years and it is hoped Australia will follow suit.
Values for 'good' farmland in the first quarter of 2014 were down in the Corn Belt region, according to the Chicago Fed’s latest agricultural letter.
The new commitment by the Washington State Investment Board was approved at an April board meeting and takes its total commitment to agri to $650 million.
The subsidiary of Calavo Growers, the fresh produce and farm products company, has raised $10m to fund its fresh food distribution platform ahead of an August launch.