Dairy farm sale not in NZ's interests, says Labour

The approved sale of a large Otago dairy farm to Harvard University in the United States is not in New Zealand's long-term interests and shows a lack of clear and strong rules on foreign ownership of NZ land, says Labour.

US investors plough cash into farmland

Investment managers in the US report rising interest from pension schemes and retail investors in funds that buy and run farmland in developed countries.

Galtere says raising $1 bln agribusiness fund

Galtere, a New York fund manager, said it was raising $1 billion to invest in production facilities for agricultural commodities -- including arable farmlands in countries such as Australia, Brazil and Uruguay -- that it planned to later sell or list publicly.

Emirates seek overseas feed supply

Abu Dhabi’s Al Dahra Agricultural Company is halfway through a plan involving more than 60,700 hectares of farmland in Europe, the US, south Asia and north Africa to boost the UAE’s food security.