Extensions and a stay of execution for the Foreign Investment Review Board's decision mean the ruling will be delayed beyond the 2 July election.
Bayer has committed $10 million to the Bayer Trendlines Ag Innovation Fund, to be allocated over five years.
Lenders have told a Congressional panel that macroeconomic conditions are hurting farmer incomes, stretching credit thin and locking out younger farmers.
Four superfunds and AMP Capital Investors are backers for the fund, whose managers say cotton, chickpeas and cattle were the main profit drivers.
The closed-ended investment vehicle will focus exclusively on assets supplying grain to or held by organic grains processing company Kialla Pure Foods.
Despite a murky short-term outlook, Brazilian businesses are primed for a surge in M&A activity as investors seek out attractive valuations.
The government funding comes on the heels of an $8 million commitment from a high net worth group.
The US' largest pension fund believes divesting from tobacco resulted in $3bn of losses by the beginning of 2015.
After years of drought, a good monsoon could bolster the agri sector, where investors are already finding opportunities in midstream business.
Brazil’s currency could gain in value from the president's departure, driving up prices for its grain exports.
agri
agri

Copyright PEI Media

Not for publication, email or dissemination