Agribusiness proponents in the Brazilian states of Rondônia, Acre and Amazonas plan to create a joint agricultural area, Amacro, inspired by the multi-state Matopiba region that is now the country’s grain-growing heartland.
If a national referendum on the sale of agricultural land was held in the next week, 74% would vote against the sale of land as required by the IMF, Ukranian researchers show
Kalungu leaders have blocked a move by the proprietors of Lukaya Natural Rice Farm to sack 412 casual workers in the wake of the coronavirus pandemic.
- The Monitor
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15 April 2020
On March 21, security personnel from the palm oil firm PT Artha Prigel clashed with farmers in Lahat district, in South Sumatra province. Two farmers were killed in the fighting, the latest flare-up in a conflict that goes back nearly three decades. Locals accuse the company — a subsidiary of the Sawit Mas Group, which supplies oleochemicals to Procter & Gamble — of stealing their land. Activists have denounced the escalation in the conflicts, saying businesses shouldn’t be taking advantage of the country’s focus on dealing with the COVID-19 pandemic to further their own — often illegal — interests.
IDH is working with FMO, the Dutch development bank -- which last year granted Zambian fully integrated tilapia operation Yalelo a $10.5 million senior secured loan facility -- to draw up guidelines for investing in African aquaculture.
- Undercurrent News
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14 April 2020
The Verkhovna Rada, Ukraine's parliament, has failed to pass any of the draft resolutions submitted by lawmakers who propose that the parliament's previous decision to adopt the bill on the launch of the farmland market be canceled and its signing be blocked.
The Australian fund has confirmed that it has completed an off-market deal to acquire Terrick Terrick, a 55,000-hectare property from long-time owners Russel Pearson and the Pearson family, for an undisclosed amount.
Too few investors knew the land; too many deals were crooked. Yet officials hint that the government wants to promote huge farms once more, this time by expanding wheat production to boost food security.
The International Finance Corporation welcome Ukraine's newly adopted land law but indicates it doesn't go far enough
Saudi Arabia's state grain buyer SAGO is asking Saudi investors with farmland overseas to import 355,000 tonnes of wheat into the kingdom, as major food importers try to increase strategic reserves in response to the coronavirus pandemic.
HighQuest Partners has documented an additional 100 ag investors that have made their first investment in food and agriculture in the first quarter of 2020, directly or via allocations to asset managers.
World Bank and IMF policies have provided key support for the financialisation of food and agriculture, resulting in landgrabs, price volatility, the concentration of power and the expansion of climate-damaging industrial agriculture