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.
Racecourse Projects, owned by Cargill's Black River Asset Management and Mackay Sugar, has purcahsed a 3,244 hectare cattle property in North Queensland.
Cargill Inc said on Monday that it will spin off Black River Asset Management LLC and split the hedge fund arm into three separate employee-owned firms. The subsidiary owns farms in Colombia, covering over 120,000 acres.
Singapore-listed firm Black River Capital Partners Food Fund Holdings Pte Ltd has sold most of its stake – pegged at $7.2 million (P331.2 million) – in the Philippine fruit and vegetables company AgriNurture Inc.
A hedge fund run by an arm of the world's largest agricultural company, Cargill, has enjoyed another strong profit from its Australian farming investment – the land and logistics company BFB Group.
Dutch Pension fund PGGM has committed between €50m and €100m to a Cargill owned private equity fund that invests in farmland and crop production.
Cargill has acquired the Poliplant Group, giving it approximately 50,000 hectares of land adjacent to Cargill’s existing palm oil operations in West Kalimantan, Indonesia.
Cargill met with Indonesian President Joko Widodo and other senior government officials on Monday to discuss future investment in Indonesia's oil palm sector.
Black River Asset Management, a subsidiary of Cargill, one of the world's biggest food producers, has bought four grain-producing farms in the Darling Downs farming region between Dalby and Chinchilla.
UkrLandFarming, the Ukraine agriculture giant in which Cargill bought a stake in January, is seeking further investors to fund a warchest for buying on the cheap groups brought low by the country's crisis.
“We can have a nice debate about foreign investment here in Australia, but in the global context it isn’t a discussion about whether it is nice to have, we need it, we absolutely need it.”
In a new report released today, Oxfam analyzes how companies are approaching and developing their agricultural investments in Latin America, how land was acquired, and how small farmers and communities were affected in Paraguay, Guatemala and Colombia.
