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Windmill, Outback Australia
Associate portfolio manager Brent Snow says the fund may look to use its water portfolio to develop assets directly and take on operational risk, but sale-and-leasebacks will continue to be the main avenue for investment.
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.
Derecho storm
With a ready and willing buyer in China and logistics that have handled coronavirus well, US corn and soybean farmers just need weather conditions to play out in their favor.
Kim Morison
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%.
cotton farm
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.
agri
agri

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