Hyundai Heavy Industries Co., the world's largest shipbuilder, said Thursday that it has harvested 4,500 tons of soybeans and 2,000 tons of corn at its Russian farm.
Southern NZ farmers will want to see cash before agreeing to sell their farms to a foreign company again, having been burnt once by a deal that turned sour.
- Otago Daily Times
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15 April 2010
Farmers in Africa may starve as their fields are bought to profit rich foreigners, writes Jo Chandler in The Age
Chinese investment in Australian farms increased 10-fold in the past six months, as buyers see opportunities in agriculture. “Chinese are wealthy and they are looking for a secure investment in beef, cotton and grain properties, ” said John Burke, an agent for Elders Ltd.
“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.
- Financial Times
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14 April 2010
The Cambodian government’s moves to allocate vast tracts of land to foreign and local companies are often done without consulting local villagers.
Someone needs to put Fonterra and the Feds into the same room.
The Chinese-backed company seeking to buy 29 North Island dairy farms is also trying to buy up to 100 farms in Otago and Southland and build a dairy factory in Southland.
- Otago Daily Times
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14 April 2010
A year after the purchases of vast swathes of farm land in Africa first drew public attention, transactions remain as opaque as ever.
But company says it does not want to tarnish Saudi Arabia's image by buying farmlands abroad
Event aims to support “win-win” arrangements whereby investors and host countries can both benefit from international investment, supporting national or regional food security aims.
- US and Japanese Governments
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12 April 2010
Egyptian private equity firm Citadel Capital is seeking to buy Kenya’s firms and long-term land leases as it seeks agro-based raw materials to feed its food business.
- Business Daily
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12 April 2010