Stock & Land | 19 March 2010
DEREGULATION of the grain markets in Australia has sparked plenty of interest from offshore market participants.
According to The Australian Financial Review, Macquarie Agricultural Funds Management has started up the Macquarie Crop Fund and has been pitching in the US.
The fund's mandate is to "acquire or lease grain and oilseed properties located in geographically diverse regions of Australia and Brazil".
It wants to get into the production and sale of grain and has put together some lovely looking charts on the decreasing amount of land available for use and the increasing consumption by China.
The minimum entry into the fund is about $10 million and investors need their order in by the end of the year.
