New Zealand Firms See Slump in China Demand for Infant Formula After Poison Threat
New Zealand police announced that last November letters were sent from suspected environmental activists to the national farmers’ group and Fonterra threating to contaminate infant formula with the pesticide 1080, or sodium fluoroacetate. After the announcement, demand from China, New Zealand’s biggest dairy buyer, which purchased $3.11 bi
Read moreImpact of climate change & geopolitical trends on agriculture investment opportunities at Global AgInvesting in New York
Press Contact: Michelle Marshall +1.978.887.8800, x117 mmarshall@highquestpartners.com NEW YORK (March 12, 2015) – What impact will weather have on agricultural investments this year? How will geopolitical trends affect the appetite of institutional investors for exposure in the global agricultural sector? Which sectors of t
Read moreFerraro Plans First Factory in ‘Strategic’ China Market
The Ferraro Group, which operates 20 plants worldwide, including ones in India, Russia, and Australia, has targeted China as a strategic market for growth, and is planning the construction of its first manufacturing facility in the country. In 2014 Ferraro increased its market share in China to tie with Hershey at 12%, and is positioning to
Read moreUkraine Crisis to Spur Biggest Losses to Corn Crop Since 2005
Soaring interest rates in Ukraine have make borrowing so costly that growers are not able to produce crops, and the country is likely to see the largest decline in its corn harvest since 2005. Ukraine is the world’s third largest corn shipping country after the U.S. and Brazil. Over the past five years the country has tripled its corn out
Read moreHuge Investments Announced in India’s Dairy Sector
Recent announcements have been released regarding significant investments being made by big players in India’s dairy sector, and intent to enter the sector by outside businesses. Dairy giant, Amul has announced a US$752 million investment over the next three years to establish ten new dairy plants across the country, renovate existing fac
Read moreIndustry Leaders Target Doubling Western Australia’s Grain Production by 2025
The Grain Industry Association of Western Australia’s (GIWA) new WA Grains Industry Strategy 2025+ has declared the 2009 Strategic Grain Network Review (SGNR) to be outdated and in need of reformulation. GIWA chairman, Sean Powell believes that the ambitious target of doubling WA’s grain output is not out of reach given the increasing g
Read moreHunger for Organic Foods Stretches Supply Chain
Organic output has failed to keep pace with demand on the market because of the significant costs and risks associated with converting traditional farmland to organic production. This is creating supply constraints that are stifling growth in one of the most dynamic segments of the U.S. food industry, the grain industry. Over the past ten y
Read moreRussia’s Grain Export Curbs to Affect Farmland Prices
Russia’s wheat export restrictions are causing a duality in the country’s farmland values, with continued underperformance in the southern region near ports, compared to central region markets closer to sources of domestic demand according to SovEcon. In the south, the region responsible for Russia’s grain supply for export, land valu
Read moreAndrew Forrest Unveils Bold Irrigated Agriculture Plan for Northern Australia
Andrew Forrest unveiled a plan to attract long-term, passive Chinese investment to tap into existing underground Australian aquifers, including the Canning Basin in Western Australia’s far north, to provide an additional 5,000 gigaliters of water per year for agricultural production. Mr. Forrest states that Australia could be ‘drought proo
Read moreADM Shuffles Management as it Looks to Expand Operations in Asia
Archer Daniels Midland (ADM) has announced that Ray Young, the group’s chief financial officer (CFO), will assume oversight of business in Asia as the trader seeks to expand operations in the market. In 2013 ADM was blocked from completing a $2.18 billion takeover of Australian grain handler GrainCorp Ltd, which would have gained it incre
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