Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Undefined


August 16, 2010

 

Macquarie funds Brazil and Australia's grain production

 
 

Macquarie Agricultural Funds Management, part of the investment firm Macquarie Group, has launched a new crop fund dedicated to Brazil and Australia's grain and oilseed production.

 

The fund will purchase or lease, and operate farms in Australia and Brazil that is growing crops such as soy, corn, wheat, rapeseed, and barley.

 

"The fund aims to provide investors with ongoing income generated by the sale of the produce and capital growth returns through ownership of the land and increasing land values. The increasing demand for grains and oilseeds comes from a number of areas, including providing a source of food to meet the demands of a growing population, changing dietary habits which are seeing a move from lower-value staple grains to higher-value foods such as vegetable oils and meat, the increasing need for animal feed supplies and ongoing demand for industrial goods such as building materials," Macquarie said Monday (Aug 16).

 

Macquarie said Brazil and Australia were chosen for their climate, availability of large properties, mature agricultural industries and access to overseas markets for exporting produce.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read