Harvard University purchases New Zealand dairy

According to a news report by The Harvard Crimson, Harvard University has purchased a 4,000-acre dairy farm in New Zealand. The 6,000-cow operation will diversity the University’s endowment portfolio.

The University purchased the operation for approximately $20.7 million U.S. during a liquidation sale.

Harvard’s new purchase isn’t the only investment they have made in New Zealand. The University also owns sizeable tracts of forest, reports The Harvard Crimson.

For more read: Harvard Diversifies into Dairy and US purchase of Otago dairy farm approved

Source: The Harvard Crimson

1. 4 rules for growing a business or industry
2. Corn planting pace turns from record slow to record fast
3. Ag markets seemed to follow gold higher Monday afternoon
4. Online systems keeps exporters abreast of market regulations
5. April milk production up 0.3 percent
6. New crop cottonseed market rallies in face of tight supplies

1. D.C. Watch: Farm bill progressing
2. Class III futures close out quietly last week
3. April milk production up 0.3 percent
4. 4 rules for growing a business or industry
5. What are the drivers of profit in your dairy herd?
6. Lowfat dairy may cut diabetes risk

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. Commentary: Slanting the statistics
3. World food supply depends on character, virtuous leadership
4. Buffet concerned about soil and starvation
5. Cold spring stunts upper Midwest hay crop
6. N.M. rancher charged with 43 counts of animal cruelty