China sweet on rural assets

Corporate Chinese interest in Australian rural land assets is gaining momentum and there are several players on the hunt across a wide spectrum of ­sectors: sugarcane, cotton, wool, tomatoes and grapes for wine.

China moves to secure food and fuel future

"The world is running out of farm land quite rapidly and farm land is going to be a very, very precious commodity in time to come. ... Australians are pretty dozy and comfortable on this issue," says Julian Cribb.

Chinese move on Tully

China's Cofco Corporation has acquired an equity stake in Australian sugar producer Tully Sugar and is said to be pursuing a take-over.

South Korea's Daewoo to grow corn in Madagascar

South Korea's Daewoo Logistics will plant corn in Madagascar, a company official said on Tuesday, with a long-term aim to replace more than half the corn it currently imports from mostly the United States.

Japan trading firms bet big on food, eye Asia

Japan's big trading houses, which have enjoyed bumper years from betting on iron ore and metals, are getting into the food market, aiming to tap voracious demand in China and emerging economies.