The absence of inflation has added complexity to an already challenging fundraising environment. But there's more to the asset class than inflation protection.
Western Australia offers potentially fertile ground for water investors, should the state government allow it.
For private investors in global agriculture, growing concerns about inequality are by no means academic; the chasm between large and small is already shaping their environment in important ways.
Vegan protests and criticism of the live export trade are making headlines in the country again. They are a reminder of the need to be whiter than white when it comes to animal welfare.
They appear competitors, but publicly-traded farmland investment vehicles in the US and their private market counterparts support each other indirectly.
For both debt and equity providers, flooding in the US Midwest could provide opportunities to demonstrate the benefits institutional capital can offer.
LP demands for climate-mitigating strategies and ESG hint at how the asset class might come into sharper focus.
The outlook for this year is worse for many, but the overall picture is of a resilient ag sector with a lot still to offer investors.
Ag fund managers are hoping for resolution of US-China trade tensions. The savviest will prepare for them to get better and worse.
Farmland values appear the last shoe to drop amid growing financial pressure on US agricultural producers and a fluid political backdrop.