Statement from the People’s Movement Assembly on Food Sovereignty, US Social Forum 2010
- USSF
- 29 June 2010
We call on others in the US to demand an end to the global land grab and commit to participating in a global campaign against land grabs
We call on others in the US to demand an end to the global land grab and commit to participating in a global campaign against land grabs
TIAA-CREF owns agricultural land in the US, Australia, Brazil and central and Eastern Europe, most of which is leased out.
Un bail de 50 ans, renouvable pour 50 ans, portant sur 19 254 ha au Mali.
In a small-town spin on a global agricultural investment trend, a group of US Midwest soybean farmers has issued a private placement this month to raise capital for farmland acquisitions in Brazil.
By 2008 global grain prices were reaching record levels, and Swedish, British, Chinese, and Korean investors were piling into Russian farmland.
Participants agreed on the importance of an open and inclusive dialogue to continue encouraging responsible agricultural investment by various parties.
Cargill's private equity firm says it will set up farms in Asia where "there is a huge lack of competency in farm management practices."
Wall Street financiers now interested in channeling billions of new dollars into cropland include heavy hitters like UBS, Morgan Stanley and Rabobank.
Gaiacor International, together with its strategic partner MITC Investments, Ltd., has commenced negotiations with Agro North with the intent of forming a joint venture to acquire and reclaim agricultural land in Argentina.
"In the age of derivatives and evaporating valuations, farmland is gold with a cash flow."
Bunge Limited, a premier global agribusiness and food company in the US, has recently announced plans to acquire 25,000 acres in Sao Paulo, Brazil, from the local firm Acucar Guarani to grow cane for its sugar and ethanol mills.
US-based Gaiacor International has announced that it has signed a memorandum of understanding with MITC Investments to manage and operate large farming operations in Angola.