Via Reuters, a report on Brazil’s revised rules on foreign ownership of land: Brazil’s government plans to lift current limits on foreign ownership of agricultural land, Secretary of Investment Moreira Franco, the person behind privatization for the new administration, told Reuters on Wednesday. Franco called the restriction on sales of agricultural land to foreign individuals […]
Read more »Courtesy of the Wall Street Journal, a report on Australia’s decision to reject a Chinese effort to purchase land in the size of Ireland: Australia’s government intends to reject a deal led by Chinese investors to buy the country’s largest cattle-ranch empire, in a signal of rising official concern about offshore investment in the country’s […]
Read more »Via Foreign Policy, a detailed report on the increasing tendency for multinational corporations to acquire large tracks of land worldwide: Joyce Chachengwa woke up one morning to find her crops — her only source of food and income — ground into the dirt. Chisumbanje is a small village in eastern Zimbabwe, right on the border […]
Read more »Via EurActiv, a report on a recent Chinese acquisition of farmland in France: A Chinese company has acquired hundreds of hectares of cereal-producing farmland in central France. This unprecedented situation has provoked astonishment and anger in the farming community. EurActiv’s partner Journal de l’Environnement reports. The reaction of the French National Federation of Land Management and […]
Read more »Via the Associated Press, a report on how Saudi land purchases are fueling debate over US water rights: Saudi Arabia’s largest dairy company will soon be unable to farm alfalfa in its own parched country to feed its 170,000 cows. So it’s turning to an unlikely place to grow the water-chugging crop — the drought-stricken American […]
Read more »Via The Financial Times, a report on Pengxin’s, a little-known Shanghai real estate developer that owns Theland, bid to become the world’s largest private landowner if Australia’s authorities clear its most ambitious bid yet: The marketing of “Theland” milk powder says it all — cows graze on emerald grass below white clouds shaped like New Zealand. “A […]
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