British combing for cotton
- The Land
- 05 December 2011
UK-based investors are planning a $400 million rural land fund to buy cotton and wheat properties in eastern Australia.
UK-based investors are planning a $400 million rural land fund to buy cotton and wheat properties in eastern Australia.
“We have finalised deals with four big agro companies in India for joint ventures for different crops that we are looking at growing – rice, maize, oil palm and sugarcane,” says Karuturi.
United Arab Emirates is interested to cultivate agricultural goods in Pakistan and is also ready to make small dams for irrigation on the condition agricultural goods from Pakistan should not be stopped exporting to UAE.
The 19th century had the Great Scramble for Africa, when developed nations raced for several decades to lay claim to new territories and their riches. This century may yet be known as the Great Selloff of Africa.
"There's a lot of money chasing the grow-out of agricultural land right now," says Gary Thien of Thien Farm Management.
The 6,000 hectare farm in Nasarawa, one of Nigeria's main rice growing belts, is expected to yield 36,000 tonnes of milled rice annually at its peak.
Report from FIAN on the international conference against land grabbing which took place in Mali in November 2011
Agriterra added to the $6bn investment wave heading into West Africa palm oil by acquiring 45,000 hectares of plantation land in Sierra Leone.
The State government announced that it would amend relevant laws to enable farmers to use their land as equity in farming collaborations with private companies.
Adecoagro announced today that on November 30, 2011, it completed the sale of "La Alegria" farm, located in General Villegas, province of Buenos Aires, Argentina, for a total price of $13.7 million.
If you care, and you attend or attended college, it is your responsibility as a student or alumni to speak up and say that you care. If enough of us do so, they will listen!
"If we lose our family farmers, we'll lose the diversity in our food supply, and what we eat will be dictated to us by a few large corporations," says Chukki Nanjundaswamy of the Karnataka Rajya Raitha Sangha