Major farmland investors such as banks and pension funds must stop facilitating land grabs, civil society groups on the eve of a global farmland investment conference in London on December 3-5, have said.
“When things are mortgaged up to the hilt and the banks are involved then it’s either bank ownership or foreign ownership,” says South Australian sheep farmer Brian Wilson
Taking tracts of agricultural land is among ways to play the risks of climate change says Baring Asset Management's chief investment officer, Marino Valensise.
Kenana Sugar Company is the head of the spear of the Sudanese project for agricultural development. While governments and Arab companies discuss strategies for the sector, the organisation plans to invest US$ 2 billion over the next five years in several expansion projects.
WA Australian Agriculture Minister Terry Redman can't shed light on reports a Chinese agricultural giant could buy up to $4 billion worth of prime farmland after snapping up some 30,000 hectares in the past month.
A Brazilian megaproject in Mozambique is set to displace millions of peasants
The Black Sea farm operator revealed it had "expanded" the deal to swap land holdings after a collapse of nearly 50% in its Russian crop production.
The Tanzanian government has agreed to put a ceiling with regard to what size of land a single large scale investor can be allocated for agriculture.
A campaign to block foreign ownership of Australian farmland until a national interest test has been conducted has received the backing of the Australian Greens and some Independents.
The proceeds of the investment will be used to install sugar beet processing equipment and to further develop sugar beet growing operations in the region, through a joint venture with Continental Farming Group.
Olam's rebuttal provides new information on its rice farming operations in Nigeria, including its cooperation with the Africa Rice Centre of the CGIAR.
Farmland and timberland are now separate asset classes, the UK's Pension Protection Fund has asserted in its revised investment principles.
