Plan to bring Mennonite farmers to Suriname sparks deforestation fears
- Mongabay
- 09 October 2023
farming communities from across Latin America to Suriname with the plan of starting a series of agriculture projects.
farming communities from across Latin America to Suriname with the plan of starting a series of agriculture projects.
Abu Dhabi-based investment and holding company ADQ acquires fruit company that operates more than 14,000 hectares of farms across Chile, the Philippines, South Africa, Italy, Spain and Argentina
Reporting by Agência Pública has revealed how investors including U.S. pension funds and an Argentine agribusiness giant may be linked to illegal land deals and deforestation in Brazil’s Cerrado region.
Argentina’s land laws have meant increasingly concentrated land ownership and leasing to profit-oriented companies who care little for long-term sustainability.
A real financialisation of land, natural resources and the agri-food system is underway throughout South America. In the context of the multiple global crises, the pressure on the control of land and other resources of interest has increased considerably, either for productive use or as financial assets. To this end, the digitisation of land governance and the georeferencing technology that supports it are serving to disguise a massive digital land grab.
The firm Adecoagro, the largest producer of raw milk in Argentina, received a loan of US $ 100 million weeks ago from the International Finance Corporation (IFC), which will be used to make investments in the local agri-food sector.
The proposed acquisition of O Telhar by Amaggi encompasses all assets in Brazil, including about 70,000 hectares of farming land, cotton mills, warehouses and machinery
Cross Pacific Investments, which is backed by the Buratovich family of Argentina, has now spent more than $43 million on top end Australian land in the last few months, totalling just over 540,000 hectares.
Land grabbing provokes many governance challenges, which generate new social arrangements. We particularly explore how the collaborations between the provincial government of Santiago del Estero and non-government organizations (NGOs) in Argentina played out.
“In the long term, South America, and the Black Sea area still have great potential in their arable land, and can play a bigger role in the global soybean supply system,” says the president of state grains trader COFCO.
San Miguel has announced it is set to acquire major Peruvian mandarin producer Agrícola Hoja Redonda for US$64 million, including its two farms covering 1,700 ha.
IFC, a member of the World Bank, will provide US$50 million to the Argentine subsidiaries of Adecoagro S.A., a company backed by billionaire George Soros, to support resource-efficient farming and food processing technologies