The head of a 19-state African trading bloc has denied the Gulf’s policy of snapping up cheap farmland across the continent is tantamount to a ‘neo-colonialist’ land grab.
Morocco is inviting bids from foreign and domestic investors to lease 21,000 hectares of farmland as part of its farm reform plans.
Hyundai Heavy Industries Co., the world's largest shipbuilder, said Thursday that it has harvested 4,500 tons of soybeans and 2,000 tons of corn at its Russian farm.
Southern NZ farmers will want to see cash before agreeing to sell their farms to a foreign company again, having been burnt once by a deal that turned sour.
Farmers in Africa may starve as their fields are bought to profit rich foreigners, writes Jo Chandler in The Age
Chinese investment in Australian farms increased 10-fold in the past six months, as buyers see opportunities in agriculture. “Chinese are wealthy and they are looking for a secure investment in beef, cotton and grain properties, ” said John Burke, an agent for Elders Ltd.
“It’s not common in Brazil to find farmers presenting accounts to international investors. What you can see here is the new model for agribusiness in Brazil,” says André Pessôa, co-ordinator of the Rally da Safra.
The Cambodian government’s moves to allocate vast tracts of land to foreign and local companies are often done without consulting local villagers.
Someone needs to put Fonterra and the Feds into the same room.
The Chinese-backed company seeking to buy 29 North Island dairy farms is also trying to buy up to 100 farms in Otago and Southland and build a dairy factory in Southland.
A year after the purchases of vast swathes of farm land in Africa first drew public attention, transactions remain as opaque as ever.
But company says it does not want to tarnish Saudi Arabia's image by buying farmlands abroad
