Mitsui begins shifting its focus to agribusiness
- The Australian
- 01 February 2014
The top priority for Mitsui's massive investments in Australia is starting to shift from resources to agribusiness
The top priority for Mitsui's massive investments in Australia is starting to shift from resources to agribusiness
SLC Agricola, one of Brazil's largest soybean producers with cotton, corn and coffee operations, will have a 50.1 percent participation in the venture that will start operations in the northern frontier agricultural state of Bahia.
China's largest animal feed producer will launch an overseas fund this month with international investors, including Singapore's Temasek Holdings, that will set up farms in the Middle East, South Africa and central Europe.
Panoramica delle cosietà elvetiche coinvolte nell'accparramento di terre.
Des sociétés basées en Suisse possèdent et gèrent des surfaces considérables dans les pays en développement
A japonesa Mitsui confirmou na quinta-feira que fechou acordo para comprar, por US$ 225 milhões, a participação de 44,2% que a cooperativa americana CHS tem na trading Multigrain
Mitsui plans to buy 44.2% of Brazilian grain broker Multigrain SA, who owns in excess of 100,000 ha of farmland, equal to 2% of the total cultivated land of Japan
Cash-rich overseas pension funds and investors have been scouting for New Zealand dairy farm investments,
After focusing for decades on oil, metals and minerals, Japan's huge trading houses are turning to agricultural commodities, with Tokyo enthusiastically supporting the shift amid concerns about local and global food security .
Prime Minister Taro Aso says he will call on world to develop principles promoting responsible foreign investment in agriculture in the face of "land grabs" of large-scale farmland in poor nations to ensure food supplies for wealthy nations.
Japan is considering providing loans from a government-owned bank for companies to purchase and lease farmland abroad, Munemitsu Hirano, counsellor at the international affairs department of the Ministry of Agriculture, Forestry and Fisheries, said.
Mitsui & Co., Japan's second-largest trading company, may increase investment in farming overseas to secure food supplies as competition from China, the biggest grain consumer, intensifies. The company is seeking new targets after taking a 39.35 percent stake in Multigrain AG, which produces soybeans in Brazil, the world's second-largest grower.