Soros recently became the largest shareholder in Adecoagro one of the leading agribusiness companies in South America whose main activities are the production of grains, rice, oilseed, dairy products, sugar, ethanol, coffee, cotton and cattle meat.
As world population expands, the demand for arable land should soar. At least that's what George Soros, Lord Rothschild, and other investors believe.
Slater reckons shortages of soft commodities and the likelihood of rising inflation make farmland an excellent investment, not least in Brazil where Agrifirma is located.
Agrifirma Brazil, a farm fund backed by Lord Rothschild and Jim Slater, the former corporate raider, is scrapping its hedge fund-style fees to make it easier to attract investors. Agrifirma owns more than 100,000 acres of Brazilian farmland.
- Financial Times
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09 Mar 2009