Farming runs in our blood
Before becoming Cowal Agriculture, the property was a generational family farm.
After a nine-year journey, Macquarie Asset Management successfully acquired the property in August 2022, transforming it into the Cowal Agriculture we know today.
Today, we own and operate 5,000 hectares of cropland along the Nogoa River. Irrigated by the Fairbairn Dam, located 20 kilometres upstream, our properties produce a variety of summer and winter crops, including cotton, mungbean, sorghum, chickpeas, and wheat.
We plan to expand the business into a 'best in class' institutional-grade cropping enterprise across Australia.
Our History
October 2013
Cowal Agriculture, a subsidiary of US-based Global Endowment Management (GEM), acquired the Emerald farming assets from PrimeAg, an ASX-listed agricultural company.
October 2013
Hamish Millar was appointed Managing Director of Cowal Agriculture.
August 2022
After 9 years in operation, GEM sold the farming assets & Macquarie acquired the farms.
December 2023
Under Macquarie's management, Cowal Ag established its headquarters in Toowoomba.
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