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Australian sustainable-focused investment group AgCAP is seeking A$220m for its Sustainable Agriculture Fund.

The facility will be incorporated into Forage Global, a new subsidiary looking to follow the global trend of aggressive consolidation and vertical integration in the forage industry.

The investment firm hired former Goldman Sachs and JPMorgan professionals to focus on real assets in its San Francisco office.

The commitment to the food processing and marketing-focused fund follows a $100m investment from Massachusetts Pension Reserves Investment Management Board.

The ADB is helping Saikexing increase China's safe, domestic fresh milk supply after a scandal in 2008 increased demand for imported products.

Impact investment firm Gratitude Railroad is targeting $40m to invest in organic dairy and beef operations in the US south-east.

The sale of Australia's largest collection of mango orchards will include a long-term lease with its new operators.

UFF managing director Duncan Vink says the fund will look to invest in on-farm improvements and scaling up for smallholders.

The funding will go into expanding CerradinhoBio's production capacity for sugar ethanol and bio-based electricity.

The purchase brings diversity to the farmland REIT's portfolio, which is focused on horticultural crops.