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Cargill invests $225m in plant protein and refined oils facility
The company has invested around $325m in plant protein ventures over the last two years, with JV partner PURIS and now Cargill’s Ohio facility the chief beneficiaries of the investments.
Hancock Prospecting buys NSW cattle station to expand Wagyu production
Hancock chair Gina Rinehart said Warrabah would allow ‘increased scale’ and ‘greater operational flexibility’ for its 23,000 head Wagyu herd.
Australian beef and sheep returns drop in 2017-18 despite export volume growth
Ongoing drought in eastern and northern Australia has put downward pressure on prices and led to a spike in production last year due to a lack of pasture.
Legal analysis: Investing in cannabis from the UK
Christopher S Harrison unpicks the myriad laws and regulations that impact British investments into overseas cannabis businesses, and sets out why investors are in a legal grey area when they engage in this burgeoning global market.
What the CPC management buyout tells us about Australian agriculture
An MBO led by Guy Hands, whose Terra Firma owns CPC, shows the lack of interest from other corporate farmers in the portfolio – but Hands and CPC management should be applauded for re-investing.
Terra Firma’s Guy Hands to lead MBO of Consolidated Pastoral Company
Outside investors will be invited to participate in the takeover, with Guy Hands and his family providing a cornerstone commitment alongside CPC management.
Ginkgo Bioworks’ $350m fund to deploy capital by year-end
The Ferment Fund will exclusively support companies that have been spun out from Ginkgo and will benefit from full access to the company’s platform for cell programming.
Australia grain demand to grow faster than supply over next decade – Rabobank
The country will remain a net exporter of cereal grains, but the proportion of grains being exported is forecast to fall from 60% down to 53% as domestic demand growth outpaces supply.
Future Meat secures $14m in S2G-led Series A
Chief scientist Yaakov Nahmias says the start-up’s methodology means it only takes 14 days to produce cultured chicken or beef, whether it is producing 1kg or 1 tonne of meat.
Rural Funds publishes property values in continuing defense of business
Embattled listed fund manager, which generates income by leasing farmland, published a farm-by-farm breakdown of property values as it tried to reassure investors in the face of a short-selling attack.
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