Participants agreed on the importance of an open and inclusive dialogue to continue encouraging responsible agricultural investment by various parties.
- US, Japan, AU
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19 May 2010
Cargill's private equity firm says it will set up farms in Asia where "there is a huge lack of competency in farm management practices."
Wall Street financiers now interested in channeling billions of new dollars into cropland include heavy hitters like UBS, Morgan Stanley and Rabobank.
Gaiacor International, together with its strategic partner MITC Investments, Ltd., has commenced negotiations with Agro North with the intent of forming a joint venture to acquire and reclaim agricultural land in Argentina.
"In the age of derivatives and evaporating valuations, farmland is gold with a cash flow."
Bunge Limited, a premier global agribusiness and food company in the US, has recently announced plans to acquire 25,000 acres in Sao Paulo, Brazil, from the local firm Acucar Guarani to grow cane for its sugar and ethanol mills.
US-based Gaiacor International has announced that it has signed a memorandum of understanding with MITC Investments to manage and operate large farming operations in Angola.
MCC is playing a key role in commodifying Africa’s farmlands
Le MCC joue un role clé dans la marchandisation des terres rurales africaines
‘In order to feed a growing population with an increasing standard of living, the price of water and food must continue to rise."
Saudi Arabian investors are looking to expand their agricultural investments in the United States to secure long-term food supply because of water shortages in the desert kingdom, Saudi officials said on Thursday.
Saudi Arabia is attempting to strengthen its position in what seems certain to be a growing competition for food among the nations of the Middle East.
- Council on Foreign Relations
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27 April 2010