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Capital gains propel Australia’s permanent ag to the top of the crop

The latest NCREIF Australian Farmland Index, which splits annual and permanent cropland for the first time, shows ag returns Down Under continuing to outperform the US.

Gladstone buys pair of California cherry orchards

The NASDAQ-listed farmland REIT says it hopes the $7m deal will be the first of many in a region well-suited to benefit from growing demand for healthy produce.

Paine Schwartz hires former Monsanto strategy exec

Steve Bierschenk’s nearly 20 years at the St Louis-headquartered agrochemical giant culminated in a five-year stint as vice-president of global strategy.

Exclusive: Stafford hires ex-headhunter as ag chief in asset class push

An alumnus from Macquarie’s Pastoral Fund has also joined the secondaries specialist just a year after the firm made its first investment in agriculture.

Kainos Capital sells ingredients producer to MidOcean

Florida Food Products snapped up as its new owners look to capitalise on soaring growth in the clean label and packaged meat market.

Gladstone enters Florida panhandle with $2.6m farmland deal

The farmland REIT’s latest acquisition marks an expansion into a new region of Florida, a state second only to California within its $560m property portfolio.

Rising labor costs to boost robotics and hiring of farmhands from new regions

CoBank senior economist Ben Laine says wages could increase to the point where it becomes cheaper for the US to import commodities rather than the labor needed to produce them domestically.

Washington-backed Arable Capital adds to irrigation platform

After closing a $300m debut fund last summer, the acquisition of Universal Irrigation marks the third such deal for the West Coast midstream specialists.

New Homestead Capital farmland fund lands $25m commitment

The Rhode Island State Investment Commission has backed the San Francisco-based firm, which is targeting up to $700m for a strategy blending higher-risk greenfield developments and more stable, lower-returning properties.

ATP branches out to drive performance

The $122bn Danish pension’s ‘infrastructure’ portfolio has more than doubled returns year-on-year. Here we zoom in on the timberland holdings that have helped push this growth.

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