Livestock

Hancock chair Gina Rinehart said Warrabah would allow ‘increased scale’ and ‘greater operational flexibility’ for its 23,000 head Wagyu herd.

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.

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.

Outside investors will be invited to participate in the takeover, with Guy Hands and his family providing a cornerstone commitment alongside CPC management.

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.

The UK has available farmland, but floating farms in ports and harbors close to urban areas could spring up in a post-Brexit landscape. Sue Lister sets out a potential framework for their development.

It’s too soon to know how institutional investors not directly invested in China’s pig farms will be affected, but no interested party can afford to take their eye off an outbreak that is expected to claim 55% of China's pig herd by year-end.

Managing partner Rich Gammill’s first-hand account describes the march of a disease that caught out China’s farmers and central government, and left a global supply gap that will impact all protein trade flows.

Canadian pension fund PSP has agreed to acquire 100% of the shares in Webster, Australia’s largest walnut producer and a significant holder of water entitlements in the Murray-Darling Basin.

Chief operating officer Jeremy Alun-Jones says the fund believes valuations in the meat and alternative meat markets are too high, and is seeking to invest in an animal meats best practice platform instead.