Livestock

The investment is part of ADM's strategy to improve efficiency for another portfolio company, Yeeda Pastoral.

The manager is selling its beef cattle Quilpie Aggregation from its PKA-backed fund, including a ten-year government carbon abatement contract.

CBRE, which is handling the sale, said the property is likely to attract institutional investor interest.

The firm is cutting down its interest in the international meat company by selling a 10 percent stake for $1.19bn, two years after the portfolio corporation was listed.

The fund is set to buy more than 700 acres of Georgia farmland for high-intensity, pasture-fed cattle production, says Gratitude Railroad founder Eric Jacobsen.

Australia’s iconic beef industry is seeing heady days, but that doesn’t mean there aren’t opportunities still for the right type of investor.

Following this month’s Carlton Hill station deal, the two companies are looking at further feedlotting and finishing beef investments in the region.

Australian sustainable-focused investment group AgCAP is seeking A$220m for its Sustainable Agriculture Fund.

The fund has made over half of its investments this year in agriculture-related businesses, targeting developing economies in Asia, Africa and Latin America.

Impact investment firm Gratitude Railroad is targeting $40m to invest in organic dairy and beef operations in the US south-east.