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The investment is part of ADM's strategy to improve efficiency for another portfolio company, Yeeda Pastoral.

The Paine & Partners investment in UK dairy Meadow Foods appears to be the first from a US private equity firm since Britain's Brexit vote.

The merger will make Farmland Partners the biggest US farmland REIT, with executives hoping the move will give the company further access to global institutional investors.

The USDA and private partners are investing $59m in projects that address water quality and conservation issues, with a third of strategies designed to attract further private investment into agricultural land conservation.

The deal marks the Sydney-based private equity firm’s fourth investment from the A$180m Allegro Fund II, which is about 40 percent deployed.

The IFC is stepping up its focus on Myanmar, where 70% of the population generate their main income from farming.

The manager is selling its beef cattle Quilpie Aggregation from its PKA-backed fund, including a ten-year government carbon abatement contract.

The Australian government has published its register of foreign interests in agricultural land, revealing that Chinese investors own less than half a percentage of foreign-held land.

CBRE, which is handling the sale, said the property is likely to attract institutional investor interest.

Chris Isaac says the UKAid-backed investment is aimed at helping to improve nut quality and export volumes to South Africa and Europe.