Macquarie Agricultural Fund to own Brazil Soybean, grain farm

Bloomberg | 6 May 2010

By Yi Tian and Elizabeth Campbell

Macquarie Group Ltd. plans to own and run 500,000 acres of soybean and grain farms in Brazil over the next three years, Tim Hornibrook, the director of the bank’s agricultural fund, said today in an interview at an industry conference in New York.

(Yi Tian in New York at [email protected]; Elizabeth Campbell in New York at [email protected])
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Source: Bloomberg