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Tag Archives: Australia
With crop prices broadly lower than a year ago, farmers are focused on minimizing costs in 2015, rather than maximizing output. Growers are purchasing fewer and lower cost inputs. In addition, rental terms for some cropland are under pressure, according … Continue reading
The Second Swedish National Pension Fund (AP2) committed another $750 million to agricultural real estate investments in the U.S., Australia and Brazil. The allocation is part of last month’s initial $1.4 billion raise for TIAA-CREF’s Global Agriculture II farmland investment … Continue reading
A farmland investment company managed by New York retirement fund manager TIAA-CREF agreed last week to purchase 30,959 acres of farmland in Hendry County, Fla. from Alico Inc. for $91,436,000. Alico is one of Florida’s largest private landowners with 130,720 … Continue reading