This Saturday military forces fired live bullets at villagers within the Lokutu oil palm plantation concession area of the Canadian company Feronia Inc, following weeks of growing tension between communities and the company.
Ce samedi des militaires auraient tiré à balles réelles sur des villageois dans le district d’exploitation de plantations de palmiers à huile de la société canadienne Feronia à Lokutu, suite à des semaines de tension entre les communautés et la société.
Two of Washington’s largest tree fruit orchards have been taken over by financial companies, as operators reportedly began to realize the operations would need large capital infusions to renew older orchards and remain competitive.
One of Canada’s largest pension funds acquires majority stake in Australian company that owns 44,167 ha of arable land, as well as significant grain storage, fertilizer, agronomy, livestock, farming and logistics businesses.
Through a joint venture with California-based agricultural firm Pomona Farming, the Public Sector Pension Investment Board of Canada is buying about 165 square kilometres of land to diversify into GMO-free farms.
The BFB sale has raised concerns that even if local bidders are able to raise the cash required for these deals, they’re not able to compete with the vast resources and track records of international players.
A group of Riverina farmers is demanding answers from the federal government over the sale of BFB, a large diversified agribusiness in Temora, which is being sold by a US private equity investor to a Canadian pension fund.