Bain & Company analysis has identiied four approaches that public companies are taking to invest in agriculture.
- Bain & Co
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01 November 2016
TIAA pays R$1.1 billion to increase its stake in Radar Propriedades Agrícolas S.A, a joint-venture established in partnership with Cosan in 2008 which owns and manages rural properties in Brazil.
US giant TIAA's Westchester has purchased a major part of northern NSW cropping farm Milton Downs from Australia's biggest wheat grower Greentree Farming for a figure some estimate to be in the vicinity of $50 million.
Milltrust has a 10 year, billion dollar program to establish farms in the southern hemisphere to produce rice, wheat, corn and barley, as well as new cash crops that will provide feedstock for animals.
Friends of the Earth warns investors they could be unknowingly contributing to deforestation and land grabs, and calls on them to show leadership
A Brazilian businessman involved in the acquisition of farmland by US, Canadian, German and Swedish pension funds could face criminal charges for land grabbing.
- Rede Social de Justiça e Direitos Humanos, GRAIN, Inter Pares, Solidarity Sweden-Latin America, FIAN and National Family Farm Coalition
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20 July 2016
European Union (EU) corporate and financial entities involved in land grabbing may be implicated in a variety of human rights abuses.
The Bank will itself invest US $24 billion and leverage additional investments through equity, quasi equity, debt and risk instruments to catalyze investments at scale from the private sector and with co-financing from traditional donors and new players.
Land speculation stimulates the expansion of plantations across Brazil, increasing land conflicts and displacement of campesino and Indigenous communities.
Wall Street remains enamored with US and international farmland, speakers at a Farm Foundation meeting in Louisville said last week.
- Progressive Farmer
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14 June 2016
Eight years after releasing its first report on land grabbing, GRAIN publishes a new dataset documenting nearly 500 cases of land grabbing around the world.
Glencore Plc agreed to sell just-under a 10 percent stake in its agriculture unit to Canada’s British Columbia Investment Management Corp. for $624.9 million in cash as it continues to cut debt.
Australian agricultural assets remain a major a drawcard for international investors with a string of mainly US-based investors funnelling hundreds of millions into a $1 billion fund established by the Queensland agribusiness investment firm, Laguna Bay Pastoral Company.
- The Australian
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02 June 2016
Australia's cattle station sector is set to reach more than $1 billion-worth of deals in less than a year, with the two biggest sources of investment being the controversial areas of foreign investment and superannuation.
Farm Foundation, NFP, along with USDA’s Economic Research Service and Bank of America Merrill Lynch host a workshop on the implications of non-farmer investor interest in agricultural resources.
Denmark’s AP Pension is expanding its exposure to agricultural land in a proposed new deal to buy farmland in eastern Romania and lease it back to the Danish company operating farms on the land.
The Canada Pension Plan Investment Board is in advanced talks to buy a stake in Miner and commodity trader Glencore Plc's agricultural business, which has farming operations covering 270,000ha in Argentina, Australia, Kazakhstan, Russia and the Ukraine.
The funds will acquire farms and farmland assets, including permanent crops, arable, and pastoral farmland, and lease to experienced operators across the focused geographical regions of Australia and New Zealand.
Financial investors own tracts that grow maize and soya beans in Illinois and Uruguay, almonds and cattle in Australia, and sugar beets and wheat in Poland. Some are venturing into countries with potentially volatile politics, such as Ethiopia and Ukraine.
Pressure is mounting on Australia's superannuation funds to invest in agricultural land as investors protest about the industry's decision not to try and buy Australia's largest landholder S Kidman & Co.
- Financial Review
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07 Mar 2016
FT correspondents report on the global race for land from Ethiopia, Myanmar and Indonesia.
- Financial Times
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01 Mar 2016
Australia's deputy prime minister on Tuesday urged the country's A$1.8 trillion (US$1.3 trillion) pension fund industry to boost its investment in agriculture as the sector gears up to meet strong demand from Asia.
The new division will include the firm’s global real estate, agriculture, timber, infrastructure and energy teams, as well as its subsidiaries, such as the Westchester Group Investment Management and GreenWood Resources.
- TIAA-CREF
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03 February 2016
The sale of two New Zealand dairy farms to a Canadian government pension fund has been approved by the Overseas Investment Office.
European pension fund-backed ACE Farming has quietly snapped up a dairy farm near Yarram, in South Gippsland, primed for development opportunity for about $8 million.
- Queensland Country Life
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23 November 2015
An American investment giant that manages multi-billion-dollar pension funds in the United States, Canada, and Sweden faces allegations that it has circumvented Brazilian laws on foreign acquisition of farmland
A U.S. investment firm that manages U.S., Canadian and Swedish pension funds came under pressure on Tuesday to give locations of its land investments in Brazil as coalition of campaign groups voiced concerns about the impact on local farmers.
El informe, “Fondos de pensiones extranjeros y el acaparamiento de tierras en Brasil”, es el resultado de una investigación en terreno realizada por Rede Social de Justiça e Direitos Humanos, GRAIN, Inter Pares y Solidaridad Suecia-América Latina.
The American financial group and its partners amassed vast new holdings of farmland despite a move by Brazil’s government in 2010 to effectively ban such large-scale deals by foreigners.
- NY Times
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17 November 2015
Une société new-yorkaise chargée de la gestion de l'épargne-retraite des travailleurs en Suède, aux États-Unis et au Canada se soustrait aux lois brésiliennes sur les investissements étrangers pour acquérir des terres agricoles