Dairy

The Chinese conglomerate is seeking a judicial review of the government’s decision to block its purchase of the country’s largest dairy farm.

The country's milk production could drop at rates not seen since the late 1990s as it struggles with weak pricing, according to a report from the Bank of New Zealand (BNZ).

New Zealand's MyFarm has launched a mezzanine debt product to provide farms with up to $300m investment in the face of the dairy crisis and a crackdown by the government on foreign investment.

Craigmore’s second fund has collected a number of soft commitments ahead of a first close expected shortly.

The New Zealand government has blocked Shanghai Pengxin’s purchase of the country’s largest dairy farm, halting the Chinese conglomerate’s ambition to build a NZ$1bn farm empire.

The Indian dairy products company, which is owned by PE firms and development finance institutions, has extended its IPO and cut the price of its shares after struggling to attract investors.

Stafford Capital Partners will invest in dairy, beef and row crops, and is splitting its commitments between primaries, secondaries and co-investments.

Farmland incomes in the US are set to fall to their lowest level in nearly a decade, according to the US Department of Agriculture, reflecting bumper harvests and higher dairy and hog production.

The new fund, solely focused on the New Zealand dairy market, is targeting NZ$350m, with a final close to take place in the first quarter of 2016.

Agribusiness attracted approximately 11 percent of the total investment, the majority in dairy and milk processing.