Of the 600 hectares of farmland that KAI has cleared and prepared, roughly 250 hectares will be dedicated to the chia, with sweet sorghum to be planted next.
Vicstock Grain and its Chinese backers (Beidahuang) have dramatically scaled back their cropping operations in the Wheatbelt three years after a $70 million spending spree on farmland.
- West Australian
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07 May 2015
One of China’s largest beef producers, Honda Agriculture, is looking to buy up to $100 million worth of cattle property in Australia over the next 12 months.
- Australian Financial Review
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04 May 2015
Alternative investment management firm Blue Sky is targeting North American institutional investors with a new strategy that will invest in Australian agriculture and related industries.
- FIN Alternatives
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27 April 2015
A Chinese company developing farm land in the Ord River area has warned it will not proceed with the project under a raft of conditions set out by Australia's environmental watchdog.
- West Australian
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22 April 2015
One of Canada's largest pension funds, the Public Sector Pension Investment Board, has made its first rural land purchase in Australia through central Queensland's Hewitt Cattle Company.
- Financial Review
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20 April 2015
Giant US investment fund TIAA-CREF expects Australia's ageing farmers and a lack of sons and daughters willing to inherit their farms will lead to large numbers of properties hitting the market over the coming decade.
- Financial Review
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20 April 2015
Australia's National Farmers’ Federation has criticised the Abbott government’s reduced threshold for foreign farm purchases.
- The Australian
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15 April 2015
The announcement of the sale - which is expected to attract significant foreign interest - comes a month after the government said it would clamp down on foreign ownership of agricultural land.
Mitchell's Yougawalla Pastoral Company the latest Australian cattle station business to be put up for sale. Foreign corporations have spent some A$63.5 million buying into the sector in the past month.
Sale and leaseback agreements were almost unheard of in agriculture five years ago, but a few major deals recently have put them on the map, according to property group Colliers International.
Australia's agriculture minister, Barnaby Joyce, has defended the government’s newly tightened foreign investment regime before key agricultural industry stakeholders.