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Category Archives: Citrus
The Illinois State Board of Investment has fired its longstanding farmland investment manager and plans to sell its $46-million farmland portfolio, citing high management fees and low returns. Though the holding is relatively small for an institutional investment, the exit … Continue reading
Florida agricultural land manager and investor Alico, Inc. (NASDAQ: ALCO) appears to be increasing its focus on the citrus sector. In late September, the Fort Myers –based company acquired Crossing Grove, a 1,241-acre Valencia orange grove in DeSoto County, Fla. … Continue reading