Crops

With production soaring amid plateauing demand, ethanol prices are in for a global correction. Yet there are still investment opportunities left.

The US farmland REIT paid $5.4m to purchase White Hawk Vineyard, a California winery where the company hopes to more than double production.

While area and yield increases continue to put pressure on prices, the fortunes of pulse farmers around the world are likely to depend on demand in the subcontinent, Rabobank says.

The agroforestry vehicle, which targets 10-12% net IRRs, has sealed its fifth deal two years after closing.

The $12.3bn pension has invested in Folium Capital’s debut agricultural vehicle, which is understood to be seeking mid-teen returns from a strategy focused on Europe and the Americas.

The UK-based DFI plans to use the farm as a hub for a regional development effort aiming to stimulate commercial agriculture in the southern African nation.

Twelve universities have received grants of up to $6.5m to work on issues that include improving spinach production, developing new grape varieties and creating a domestic stevia industry.

Former PSP Investments managing director Antoine Bisson-McLernon says establishing multiple partnerships with local operators is the key to scaling up in a very fragmented global agriculture market.

Backed by the US firm’s $70m Brazil Renewables Fund, the $115m project is the first of ‘multiple plants’ Summit intends to build within the next two years.

Co-Alliance, which seeks to integrate indoor farming into traditional agriculture, had already bought two warehouses from the equipment maker last month.