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.
“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.