AFTER 30 years of investing in agriculture, the privately owned Australian Food & Agriculture Co is offloading 13 New South Wales farms spanning 225,405ha, with hopes of raising about $700 million.
The jewels in the offering are trophy Merino studs Wanganella and Poll Boonoke – famed as the birthplace of the modern Australian Merino sheep and at the forefront of the Australian wool industry for more than 150 years.
Australian Food & Agriculture is one of the state’s most significant primary producers with three livestock and cropping operating hubs in in the Coonamble, Deniliquin and…