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GrainCorp offer remains shrouded in mystery

Long-Term Asset Partners appeared out of the blue to bid for the agribusiness, with a purported link-up with Allianz to help remove volatility from ag investing – but GrainCorp’s business is ripe for disruption anyway.

Australian investors make A$2.4bn bid for agribusiness giant GrainCorp

Asset manager Long-Term Asset Partners, backed by an undisclosed group of Australian investors, offers to acquire 100% of the company’s shares.

MIRA snaps up Hassad’s remaining Australian farms

Hassad will invest in one of MIRA’s ag portfolios as part of the deal in a shift in strategy for the Qatar-backed group.

Strong Australian ag returns despite slowdown

NCREIF committee said it has ‘no concerns’ over contributor Blue Sky’s asset valuation process.

EBRD mulls $40m loan for Ukraine’s Nibulon

The development bank is considering a cash infusion to finance an infrastructure upgrade at the country’s largest grain trader, a project estimated to cost $140m.

Online grain marketplace raises $6.5m Series A

The funding supports FarmLead’s expansion into the US market through the upcoming opening of its US headquarters in Chicago.

COFCO completes Nidera acquisition

The Chinese grain trader now exclusively owns Dutch agribusiness Nidera and has selected Johnny Chi, chief executive of COFCO International and COFCO Agri, as Nidera’s new CEO.

Strong US grain exports elevate Q3 performance for suppliers

Strong US grain exports are helping US suppliers boost financial strength despite historically low crop prices.

USAG says Brexit could lower US farmland values

Depressed commodity prices could be brought down further by Brexit market turmoil, meaning lower farmland values but better entry opportunities for investors, said USAG board chair Howard Halderman.

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