Agricultural funds reap a rich harvest
- Wealth Bulletin
- 24 December 2009
Agricultural funds made 9.5% last year, according to data provider BarclayHedge, while almost every other investment opportunity lost money.
Agricultural funds made 9.5% last year, according to data provider BarclayHedge, while almost every other investment opportunity lost money.
A fund founded by former Canadian prime minister Paul Martin has put its money behind a venture aimed at becoming the country's largest farm, aiming to farm at least 50,000 acres within its first year.
Forecast reports on scarcity predict global actors will move in on dwindling resources. Governments are taking notice, and so should the public, Vivian Fritschi writes for ISN Security Watch.
The UAE is looking to Azerbaijan to increase its food security as the two countries signed an agreement that helps pave the way for co-operation in both farming and industry.
Hassad Food has launched a large project for producing livestock in Australia with a capacity of up to 70,000 Syrian head of sheep in its first year, and then up to 150,000 head of sheep in three years. The company will also purchase farmlands for the production of grains especially wheat.
"Without significant road improvements, it is unlikely that the ADA rice will reach markets in Maryland, River Gee, or Grand Kru and Liberia will continue with an insecure food supply."
“What we are going to do is develop a statement of guiding principles for African nations entering into contracts with foreign powers for the utilization of land and resources,” Dr. Daniels told The Final Call.
Dubai World said on Friday the company was not involved in the dairy farm purchases "in any way".
The Serious Fraud Office has been brought into the controversy over a Maori trust's move to buy thousands of hectares of prime Southland farmland, after revelations that an alleged fraudster is involved: bankrupt Australian "kaumatua" Shane Wenzel.
Mr Murray, spokesman for the Maori trust buying farms for foreign investors, told the Southland Times website he would buy the whole South Island if he could.
Dubai World is reportedly trying to buy 30,000 ha of farms in New Zealand, ringing alarm bells there Friday.
Federated Farmers is urging farmers to conduct due diligence after reports that a Maori trust, with reputed backing from Dubai World, has been contracted to buy 28 farms in Southland