Australia

Cargill’s global asset management business, Black River, has recently extended its Australian agricultural land asset portfolio, buying two Queensland cattle grazing properties near Mackay for conversion into higher-return sugarcane production.

An agricultural investment advisor predicts international companies wanting to buy Australian farmland could be scared off by changes to the threshold for scrutiny by the Foreign Investment Review Board.

Deal with Greens guarantees passage of legislation to lower screening thresholds for foreign investments in farmland and agricultural businesses in Australia

European pension fund-backed ACE Farming has quietly snapped up a dairy farm near Yarram, in South Gippsland, primed for development opportunity for about $8 million.

L'Australie a mis son veto jeudi au nom de l'"intérêt national" au rachat de son plus grand propriétaire foncier, qui est un de ses premiers éleveurs de bovins, par des investisseurs étrangers.

The level of Chinese investment in the Australian beef supply chain appears certain to increase as China hunts for new food sources to feed its one and half billion citizens. Nine Chinese companies have outlaid almost $430 million on Australian beef cattle holdings and downstream red meat supply chain.

PriceWaterhouse Coopers' China desk leader says clients he advises on food and agriculture deals are mostly property developers and building materials companies looking to shift their capital base abroad, given the headwinds in the Chinese construction sector.

Racecourse Projects, owned by Cargill's Black River Asset Management and Mackay Sugar, has purcahsed a 3,244 hectare cattle property in North Queensland.

Herman Shao-ming Hu and Kenny Zhang are finalising the purchase of a majority interest in the 190-year-old Van ­Diemen’s Land Company (VDL) in Tasmania, Australia.

Debt-burdened Glencore has entered early discussions with a number of sovereign wealth funds and commodities traders as it moves to offload the more than 30,000ha of cropping land across NSW, Victoria and South Australia.

Donlinks, one of China's biggest vegetable oil producers, will partner with British Virgin lslands-registered Genius Link Capital, to make an offer for S. Kidman & Co, Australia's largest landholder.

The 25 farms of Van Diemen's Land Company in Tasmania are expected to be of interest to multiple trade investors, institutional investors, sovereign funds and also agricultural funds.