“It’s not common in Brazil to find farmers presenting accounts to international investors. What you can see here is the new model for agribusiness in Brazil,” says André Pessôa, co-ordinator of the Rally da Safra.
Investors are growing more bullish on U.S. farmland as softness in some sectors spurs increased competition for buying quality acres. Capital flow is increasing from overseas, in particular from Europe, Asia and the Middle East.
US government cable discusses 24 January 2010 meeting organised by Swiss Development Corporation, UN Food and Agriculture Organization and International Fund for Agricultural Investment on "Land, Investment, and Development," attended by many of the key players working on responsible international agro-industrial and land investment principles
US government mission in Riyadh writes, "Although the idea of Saudi farms in
Africa may sound farfetched, the Kingdom has for years hired foreign managers and laborers to administer its farms and other agribusinesses (e.g., most Saudi wheat farms currently have Egyptian managers)."
A top-level Qatar National Food Security Programme (QNFSP) delegation, led by QNFSP chairman Fahd al Attiyah, will visit agricultural research institutes and meet senior US Government officials, including from the White House, the State Department, the Department of Agriculture and the Department of Energy during its week-long US programme.
"Hassad [Food] has innovated by considering investments in overseas agribusinesses rather than only purchasing land in countries with questionable property rights, and where the indigenous population may not benefit from such purchases," writes the US embassy in Doha