Wary of fluctuations on Wall Street, more wealthy Americans, private funds and foreigners are putting money into parcels of cornfields, fruit orchards and other US agricultural products.
"I know you will think why should President Obama meddle in the affairs of other countries," writes Devlinder Sharma. "I agree, but at least he can stop the American agribiz and finance companies from indulging in offshore farmland grab."
Michael Burry, the former hedge-fund manager who predicted the US housing market’s plunge, said he is investing in farmland. “I believe that agriculture land -- productive agricultural land with water on site -- will be very valuable in the future.”
Galtere, a New York fund manager, said it was raising $1 billion to invest in production facilities for agricultural commodities -- including arable farmlands in countries such as Australia, Brazil and Uruguay -- that it planned to later sell or list publicly.
Brazil's essential role as a provider of food for the world's expanding population is at risk if the government makes good on threats to curtail foreign investment in farmland.
Abu Dhabi’s Al Dahra Agricultural Company is halfway through a plan involving more than 60,700 hectares of farmland in Europe, the US, south Asia and north Africa to boost the UAE’s food security.
Feasibility study to invest in a large scale agro-industrial project in the land designated as the Katumba and Mishamo refugee settlements
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.
