Livestock

The Dutch bank said that water conservation policies may drive Saudi companies to seek acquisitions, joint ventures and long-term supply contracts to meet demand for high-quality hay.

The acquisition is the fourth since 2011 for OK Foods, an Arkansas-based subsidiary of Mexican poultry processor Industrias Bachoco.

Kansas-based Creekstone Farms has been sold by the US private equity firm after 12 years of ownership to Japanese grain trader Marubeni Corporation.

Together with other DFIs, the World Bank affiliate will provide training to farmers in the east African nations as part of an effort to strengthen connections with local and international produce markets.

The Enhanced Smallholder Protection Programme will look to encourage Zambia’s 61,000 smallholder farmers to transition from subsistence to market-oriented agriculture.

The $60m vehicle is the third farmland fund from the Iowa-based firm, which is also active in pork and Brazilian ethanol.

With the Brazilian cattle market hit by scandal, investors should look to its South American neighbor Paraguay for a resilient growth story, says Roberto Vitón, managing director at Valoral Advisors.

Westfeeds, a subsidiary of Lariat Partners portfolio company Northern Agri Holdings, has been acquired by Alltech-subsidiary Ridley USA.

Located north of Perth with its own water resource and easy access to the Dampier gas pipeline, the 6,679-hectare property has already drawn interest from private equity investors within a week of being put on the block.

Panelists at the IntraFish Seafood Investor Forum in New York compared notes on investors’ expectations as aquaculture expands from salmon into other species including yellowtail, shrimp and red drum.