Saudi government moves agriculture abroad by investing in farming of staple commodities in Thailand, Brazil, India and other countries. This move represents a classic case of “absolute advantage” economy.
- Market Research Analyst
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12 May 2008
Soaring agricultural prices, growing demand for biofuels and the growth of the Chinese and Indian economies are leading top global investment banks to buy farmland in a bid to embrace the physical commodities market.
La firma de IRSA ampliará su capital para llegar a Uruguay, Paraguay y Bolivia
Brazilian grain broker Multigrain SA has bought 100,000 hectares of farmland and related operations in Brazil to secure a stable supply of soybeans and other farm produce, Japan's Mitsui & Co Ltd, a part owner of holding company Multigrain AG, said on Tuesday.
China’s global scramble for natural resources is leading to a transformation of agricultural trading around the world.
- New York Times
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06 April 2007
