Commodities supplier Olam International announced on Dec 1 it has completed the sale of its 5,100 acre (around 2,100 hectares) Edible Nuts orchards to Farmland Partners Inc (FPI) for US$110 million in cash.
The Campaign Against Foreign Control of Aotearoa (CAFCA) is very pleased that the Government announced that, as of December 2017, the rules around foreigners buying NZ farmland have been tightened up.
Pátria investimentos, in which the Blackstone Group owns 40%, has made its first investment in a Brazilian agricultural farm located in Luís Eduardo Magalhães, a municipality in Western Bahia, for an undisclosed amount.
Ask a land rights defender if there is a human right to land, and she will likely say “Yes", without a doubt. But, ask a human rights lawyer and you might get a more ambiguous response.
BrasilAgro might face the risk of losing access to clients and an overvaluation of its land portfolio because of its sustainability impacts.
China’s Hunan Dakang International Food and Agriculture Co, which has acquired controlling stakes in two Brazilian soy companies, is next looking to enter the beef business in the country, its chairman told Reuters on Wednesday.
The Ethiopian Horticulture and Agricultural Investment Authority says it is negotiating with Karuturi Global over a request to continue operations in Ethiopia, after long disagreement with the company about its 100,000 hectare farm project in Gambela Region.
The Senegalese president has finally given in to the pressure put by villagers who opposed the granting of 10,000 hectares to Afri Partner, a company owned by Moroccan businessman Anas Sefrioui.
Thanks to the railway and other projects, former Soviet bloc countries like Kazakhstan, Kyrgyzstan and Uzbekistan smell opportunity for boosting agricultural exports to China. So does Russia.
The Government will clarify the criteria for foreigners buying New Zealand farmland in the coming days, and in the longer-term tighten how easily that land can be purchased by overseas buyers.
Sai Ramakrishna Karuturi tells Reuters that the governments of India and Ethiopia are working to “amicably resolve outstanding Karuturi issues”.
A group of Israeli investors plans to invest in Cambodia’s dairy industry. The group has chosen Takeo province to raise a herd of 500 cattle over 300 hectares of land as the first phase of their plans in Cambodia.
