News|Strategy

By Lynda Kiernan, Global AgInvesting Media Pioneer natural capital investors HSBC Pollination Climate Asset Management, Lombard Odier, and Mirova, an affiliate of Natixis Investment Managers have announced themselves as the three founding members of the Natural Capital Investment Alliance established by HRH The Prince of Wales as part of his Sustainable Markets Initiative.  The Alliance was […]

By Lynda Kiernan, Global AgInvesting Media Hancock Prospecting is undertaking a bit of house cleaning and is planning to divest as many as six cattle stations in the Northern Territory and Western Australia with plans to pivot toward other agricultural and cattle investments.  Reports are that the reason behind such a move is the difficulty […]

By Lynda Kiernan, Global AgInvesting Media Natural Order Acquisition, a Massachusetts-based special purpose acquisition company (SPAC) focused on sustainable plant-based foods and beverages, is looking to out-do Beyond Meat’s $240 million IPO of last year.  Paperwork was filed with the SEC to launch the SPAC with the goal of raising $287.5 million through an IPO […]

By Lynda Kiernan, Global AgInvesting Media Fortune Agribusiness is planning to invest A$150 million (US$115 million) to develop a high-value, 3,500-hectare (8,649-acre) irrigated fruit and vegetable farming operation at its 294,000-hectare (726,490-acre) Singleton Station in the Western Davenport region of Australia’s Northern Territory.  Made up of a small group of investors, Fortune acquired Singleton Station […]

By Lynda Kiernan, Global AgInvesting Media Agricultural investment manager NewAg Partners (“NewAg”) announced the appointment of Russell Read, CFA, Ph,D. to its Board of Directors, and to the role of Chairman of its Investment Committee.  Founded in 2019 by Detlef Shoen, NewAg aims to be a catalyst for shifting traditional agriculture to regenerative production systems […]

By Lynda Kiernan There are some developments in the farmland and ag investing space that I personally think of as “shorebird events”. This is a label I privately give to developments that, to me, create what I refer to as a ‘virtual infrastructure”. They act as a foundation, and create a framework. They override fragmentation […]

By Lynda Kiernan Cargill is investing a total of $113 million across its cocoa processing sites in Yopougon, Ivory Coast, and Tema, Ghana.  After years of the industry trying to self-monitor against deforestation and child labor offenses, together Ivory Coast and Ghana, which are the world’s top cocoa producers accounting for two-thirds of the world’s […]

By Lynda Kiernan Hancock Natural Resource Group (HNRG) announced it has completed an initial sustainability evaluation on select managed properties in California, Washington, and Wisconsin, which produce almonds, pistachios, apples, and cranberries.  Part of Manulife Investment Management’s Private Markets platform, HNRG’s agricultural investment group was founded in 1990, to become one of the largest managers […]

By Lynda Kiernan Real Estate Investment Trust (REIT) Gladstone Land announced it has raised more than $100 million through its continuous registered public offering of 6 million shares of its 6 percent Series B Cumulative Redeemable Preferred Stock. The company first filed its prospectus supplement on May 31, 2018, and its first sale of Series […]

By Lynda Kiernan Australian fruit and vegetable giant Costa Group has undertaken a A$176 million (US$119 million) capital raise to offset debt, high water costs, and crop losses due to ongoing drought conditions in the country.  Compounding the company’s challenges, while the company’s entitlement offer was being conducted three of its seven citrus farms, the […]