"A large [Indian] agri-export company is already in advanced stages of discussions with the Paraguayan government and may announce its foray into the country shortly” says Paraguay’s ambassador in New Delhi,
The Lumix AgroDirect Fund, which has been incubated since June 2008, invests in the production of soft commodities and in commodity trade finance in Uruguay, Argentina, Brazil and Paraguay.
Glencore's agricultural interests include 300,000 hectares of land in Australia, Kazakhstan, Paraguay, Russia and Ukraine.
That Korea is no longer "importing" this food that is being grown overseas implies that this land is effectively Korean. This amounts to agricultural imperialism.
Local provincial governments are working hard to develop farmland in other countries -- Russia, Cambodia, Mongolia, Indonesia, the Philippines, Paraguay, Uruguay -- because it’s cheaper than relying on imports
Buenos Aires-based Cresud plans to acquire more land to add to the 484,000 hectares (1.2 million acres) it owns and the 90,410 hectares it leases in Argentina, Brazil, Paraguay and Bolivia
Volatility in commodity markets tends to boost consolidation in the agriculture sector as firms require more capital and improved risk management, the executive officer of French giant Louis Dreyfus said Tuesday. One of the company's focus now is on farmland.
The Solvent Extractors’ Association of India, a body of over 800 edible oil producing companies, is looking to buy tracts of agricultural land in South America, Africa and Myanmar.
The Solvent Extractors Association, the Indian oilseeds industry body, has formed a consortium of 18 companies to acquire 10,000 hectares of prime farmland in a $40-million deal in Uruguay and Paraguay to cultivate oilseeds and pulses. The association says they are hamstrung only by access to finance, otherwise they have it all sewn up.
India's edible oil industry, which has been trying over the past couple of years to venture into oilseeds cultivation in Paraguay and Uruguay, but could not make much headway due to high cost of finance, is charged up again to take fresh initiatives to realise the dream project.
Corporate pitch from Uruguay-based private equity firm Allied Venture for Indian investors to go into outsourced agriculture in Latin America
Allied Venture promo video for Indian investors
