dairy

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.

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%.

Partner Elisabeth Hivon says anaerobic digesters like the one in Twin Falls will likely be the focus of the infrastructure specialists’ ag-related investments in North America.

Perfect Day is pioneering a fermentation production process for dairy products that does not have any animal dairy content and is lactose-free.

ADM Capital senior investment director Alastair Cooper says Connecterra has the capacity to reduce antibiotic use by 50% and 'totally get rid of the need for any hormones.'

The assets, acquired through Warakirri-managed venture Aurora Dairies, will sell all milk to Beston Global Food Co for 10 years.

With a further $14bn injection into the USDA expected to land in July, the intervention suggests trouble runs deep – the reality is a little more complicated.

Rabobank’s Global Dairy Quarterly finds upwards price growth in late 2019 stalled early this year, with the uncertainty over covid-19 leading to investors scrambling to assess the impact.

The move comes after two failed follow-on fundraising attempts and a raft of senior departures over the years.

Increased capital requirements for New Zealand’s banks will lead to higher interest rates and less appetite to lend to sectors like agriculture.