crops

The purchase of the 761-acre property comes as USDA predicts record production of the nut.

Long-Term Asset Partners appeared out of the blue to bid for the agribusiness, with a purported link-up with Allianz to help remove volatility from ag investing – but GrainCorp’s business is ripe for disruption anyway.

Cost rises and tighter supplies will put EU beef producers under increasing pressure.

At last month’s Agri Investor Forum in Chicago discussion about bridging gap between farmland and agtech, panelists from Vestaron, Marrone Bio Innovations and AgLaunch focused on focused largely on biopesticide products and consumers’ growing demand for organics and traceability.

ABARES, the country’s agriculture bureau, revised down its prediction from September 2018 to reflect ‘unfavorable’ conditions in most cropping areas.

Markets rose in anticipation of a deal between the two countries, but by limiting the agreement to additional tariffs for 90 days means the effect has been minimal and is likely to remain so, say industry insiders.

Asset manager Long-Term Asset Partners, backed by an undisclosed group of Australian investors, offers to acquire 100% of the company’s shares.

Kyle Amos, president of Highfield Farm Asset Services, tells Agri Investor the property purchased by the NASDAQ-listed farmland REIT neighbors others owned by institutional investors.

The listed vehicle has purchased the farm to give its portfolio greater geographical diversification.

Kevin Herman, founder of the Specialty Crop Company, which has signed an eight-year lease on the property, tells Agri Investor why figs are ‘the perfect crop to be growing in California right now.’