Fruit

The developer’s latest acquisition in the Murray-Darling Basin includes a vineyard it wants to replace with almonds, and significant water entitlements.

The Canadian fund will merge Montague with its existing subsidiary Pomona Valley, which is managed by its Australian agriculture arm AustOn.

Warakirri Asset Management has purchased the seventh and eighth assets for its Diversified Agriculture Fund in a A$22m sale-and-leaseback deal.

Exports of Australian wine to China fell to A$8.1m in 2023 from $1.1bn three years earlier, as tariffs effectively removed the country as a trading partner.

From reducing pesticides to increasing renewable energy usage, Cibus Capital has implemented an array of ESG improvement measures since it acquired The Summer Berry Company in 2019.

Paine Schwartz Partners has reduced its takeover bid for ASX-listed Costa Group to A$3.20 per share, down from a previous bid of A$3.50, after Costa lowered its forecast earnings for H2 2023.

Aither’s annual Water Markets Report shows decline in the Aither Water Entitlement Index, a measure of entitlement values, for the first time in a decade.

The manager has set its sights on building out up to 150ha of strategically located greenhouses across Europe that will repurpose waste heat, energy and CO2.

Paine Schwartz Partners, which previously invested in Costa from 2011-15 before listing it, has bid to acquire it again in a deal worth A$1.6bn.

The ANREV Australian Farmland Index recorded its lowest quarterly result since its 2015 inception despite the total annualized return holding up relatively well.