Horticulture

To launch its first unlisted diversified fund, Duxton Capital, which has more than A$900m of AUM in agriculture, will build on a seed investment from an Australian institution.

Strong commodity prices and relatively cheap water make it a ‘good time’ to be an irrigated producer in Australia, goFARM’s Liam Lenaghan says.

Tariffs of up to 218.4% on Australian wine have all but eliminated exports to mainland China, which could not be replaced by growth in other markets.

Retail prices for avocados in Australia are tracking 47% below the five-year average thanks to an oversupply following large harvests in 2021-22.

The Australian fund manager has added viticulture to its Diversified Agriculture Fund portfolio, with assets in more sectors to be added in future.

Viticulture land is attracting interest from a range of buyers, sparking predictions that its value is set to rise, says CLM consultant Matthew Berryman.

Rural Funds Group purchased The Pocket, which alongside another central Queensland acquisition, adds more than 20,000ML of water entitlements to its portfolio.

The imposition of tariffs will effectively eliminate imports of wine for most Australian producers, market observers say, with exports worth A$1.1bn in 2020.

Flavorite Group, the Australian tomato producer backed by Roc Partners, has expanded through a merger with businesses owned by the Murphy family in Victoria, formerly known as Murphy Fresh and Tatura Fresh. The two Murphy family businesses grow truss tomatoes in glasshouses across two sites in the state covering 15 ha. Roc Partners said the […]

Buyout led by newly formed asset manager Prcstnt has collapsed, with all of McWilliam’s assets and brands up for sale again.