Big money moves into the Midwest grain trade
- Pioneer Press
- 06 June 2011
Across the Midwest, well-heeled outside investors are on the prowl to acquire the hard assets of US agribusiness, including farmland.
Across the Midwest, well-heeled outside investors are on the prowl to acquire the hard assets of US agribusiness, including farmland.
Subsidiary of Singapore's Wilmar pays $115m for Australia's largest sugar mill operator and plans to buy back former cane land now used for timber plantations to expand sugar production.
An international fact-finding team is in the country to investigate the alleged land-grabbing by Philippine, Japanese and Taiwanese companies of some 11,000 hectares from indigenous peoples in Isabela to build the biggest bio-ethanol project in the Philippines.
Final call for organisations to sign the Dakar Appeal against land grabbing before 15 June 2011!
Investors from South Korea have entered into discussions with the Ekiti State Government to invest in the agriculture sector in the state to the tune of about $400 million -- and 30,000 hectares.
A code of conduct developed by the African Development Bank that is being used as a guideline for investments by the African Agriculture Fund.
The G20 has proposed a twin track approach as the way forward comprising piloting the PRAI (first track) and using the lessons learned to inform a consultation process (second track).
Mauritius firm, British American Investment, it is planning to develop 6,000 hectares of land in Mozambique in partnership with Sun Biofuels
“We frankly told them, we had no land. They insisted we sign a Memorandum of Understating with them, a request we also refused. We only accepted to sign minutes of the meeting we held,” Mr Okasai of Uganda's agriculture ministry said.
Investors are thinking big when it comes to farmland purchases, reports Andrew Shirley in Knight Frank's Wealth Report 2011
For the sake of peace and future development cooperation, the nations of the Nile River Basin should come together to ban land grabs by foreign governments and agribusiness firms, writes Lester Brown
Environmentalists in Río Negro say the Chinese arrival will mean heavy use of agrochemicals, ecological degradation and severe strain on the region's water resources. Some of the land in question is virgin forest that would be deforested.