Crops

FarmWise’s autonomous robots are already being used by customers to carry out weeding and the company plans to use the Series A funds to add further farming capabilities.

ABARES forecasts that sharp falls in livestock production and summer crops will lead to farm production volume dropping by 15% next year, hitting lows not seen in more than a decade.

Rural Bank warns that the outlook for 2019-20 is ‘mixed’ and impressive growth in cattle exports this year was largely driven by an increase in production due to drought-induced destocking.

Managing partner Edward Isingoma says investors are more interested in Uganda’s burgeoning cannabis industry than the plant-based 'superfood', long viewed as having significant social impact potential for the developing world.

A market source says Terramera’s offerings create synergies that could open the door to a future combination with Ospraie Management’s main biologicals platform, Marrone Bio Innovations.

Agriculture Capital co-managing director Rob Hurlbut says adding frozen processing capacity will help the firm tap into growing global demand for blueberries.

Confidence in dairy is now higher than it is for other commodities, but farmers in drought-stricken areas are seeing potential profits from higher milk prices being eroded by the costs of water and feed imports.

US-based short-seller argued that EY report was ‘not a clean bill of health’ and had ‘backfired’ on Rural Funds Management, as the ASX-listed firm begins legal action.

A government-backed research project aims to examine the risks associated with agricultural development in the region and help ‘outline a clear path’ for investors.

The Commonwealth Scientific and Industrial Research Organisation finds that shifting consumer preferences will lead to increased demand for health foods and alternative proteins, offering opportunities for growth.