F&W Forestry Services has bought more than half a million acres of timberland across the US, Canada and UK, as well as snapping up three real estate and forestry management companies.
In natural resources, only energy is more popular among sovereign wealth funds than farmland and agri investment.
The company had targeted speciality crops and turf, but is developing a biochar-based soil treatment aimed at large-scale grain producers.
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.