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The backlash begins against the world landgrab
The Telegraph ^ | 9/12/2010 | Ambrose Evans-Pritchard

Posted on 09/12/2010 1:05:21 PM PDT by bruinbirdman

Neo-colonial rush for global farmland has gone exponential since the food scare of 2007-2008.

Last week's long-delayed report by the World Bank suggests that purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa, where institutions offer weak defence.

As is by now well-known, sovereign wealth funds from the Mid-East, as well as state-entities from China, the Pacific Rim, and even India are trying to lock up chunks of the world's future food supply. Western agribusiness is trying to beat them to it. Western funds - many listed on London's AIM exchange - are in turn trying to beat them. The NGO GRAIN, and farmlandgrab.com, have both documented the stampede in detail.

Hedge funds that struck rich 'shorting' US sub-prime have rotated into the next great play of our era: 'long’ soil. "Productive agricultural land with water on site, will be very valuable in the future. And I've put a good amount of money into that," said Michael Burry, star of 'The Big Short'.

Needless to say, this has set off a fierce backlash. Brazil has passed a decree limiting acreage held by foreign-owned companies, the latest evidence that our half-century era of globalisation may be drawing to a close.

Authorities are probing whether firms are using local fronts to disguise investment in Mato Grosso and Amazonia. "Brazilian land must stay in the hands of Brazilians," said the farm development minister, Guilherme Cassel. It is starting to feel like the early 1970s when the military regime more or less froze out foreign buyers.

Where will this leave the plans of SinoLatin Capital, Goldman Sachs, Harvest Capital, or Berkshire Hathaway? Warren Buffett, wisely, is exploring his $400m venture in soya and sugar with a Brazilian

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: agriculture; farming; landgrab; privateproperty
Meanwhile, U.S.A. subsidizes farming for fuel.
1 posted on 09/12/2010 1:05:25 PM PDT by bruinbirdman
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To: bruinbirdman

Just this last year, Brazil passed the USA as the worlds largest exporter of Soy Beans.


2 posted on 09/12/2010 1:12:54 PM PDT by RachelFaith (2010 is going to be a 100 seat Tsunami - Welcome to "The Hunt for Red November".)
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To: bruinbirdman

All the good farm land around here is getting covered with gated communities.


3 posted on 09/12/2010 1:13:19 PM PDT by SWAMPSNIPER (The Second Amendment, A Matter Of Fact, Not A Matter Of Opinion)
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To: bruinbirdman
lol

Anyone who invests in Africa is a moron.

Whatever land you develop will be taken from you and given to someone with a darker skin tone, and just because you have water on the land doesn't mean the government is going to let you use it. Heck even in America you can't even use the water under you own land without permission anymore.

4 posted on 09/12/2010 1:13:28 PM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: bruinbirdman
I am putting all my money into farmland with my family. If hyperinflation comes at least we will not lose all our cash. Because it will be worthless if that happens. Land, metals & trade goods will be the only things of any value.

I predict that cigarettes & booze will be the most valuable.

5 posted on 09/12/2010 1:17:29 PM PDT by fuzzybutt (Democrat Lawyers are the root of all evil.)
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To: SWAMPSNIPER
"All the good farm land around here is getting covered with gated communities."

They're still draining swamps?

yitbos (former denison of Atchafalaya swamp)

6 posted on 09/12/2010 1:23:59 PM PDT by bruinbirdman ("Those who control language control minds.")
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To: bruinbirdman

Plenty of high ground here.


7 posted on 09/12/2010 1:28:04 PM PDT by SWAMPSNIPER (The Second Amendment, A Matter Of Fact, Not A Matter Of Opinion)
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To: SWAMPSNIPER
All the good farm land around here is getting covered with gated communities.

Here too. But the land will still be there when the fit finally his the shan.

8 posted on 09/12/2010 1:29:03 PM PDT by Bernard Marx (I don’t trust the reasoning of anyone who writes then when they mean than.)
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To: bruinbirdman

Globalization is doomed to failure because you run out of other people’s money...and property.


9 posted on 09/12/2010 1:34:14 PM PDT by UCFRoadWarrior (They don't let you build churches in Mecca)
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To: bruinbirdman

China is a mercantilist country. They wish to buy up assets all over the world, and are exporting Chinese workers to work these assets. Africa should not be selling land to China, it should be selling agricultural products to China, trading for their finished goods.


10 posted on 09/12/2010 1:37:52 PM PDT by Vince Ferrer
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To: AuntB; Willie Green

Ping


11 posted on 09/12/2010 1:39:36 PM PDT by Clintonfatigued (Obama's more worried about Israelis building houses than he is about Islamists building atomic bombs)
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To: Vince Ferrer

Referenced website: Farmlandgrab

http://www.farmlandgrab.org

Also check Soros’ & friends acquisitions & interests in commodities


12 posted on 09/12/2010 1:42:33 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: combat_boots; Carry_Okie; ancient_geezer; editor-surveyor

Interesting article.

Wonder if there will be something similar that occurs due to the supply of water?


13 posted on 09/12/2010 1:45:07 PM PDT by sauropod (The truth shall make you free but first it will make you miserable.)
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To: bruinbirdman

No worries. once the appalacians are leveled for the coal and limestone under them, we’ll have all that space for farms. Truck in loads of loess from western iowa and spread it around. tada, instant croplands.

Not to mention all the corn currently being grown for ethanol...rotate that land into human food production and we got plenty.


14 posted on 09/12/2010 1:48:54 PM PDT by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: TexasFreeper2009

It would be very easy for African nations do repeat Zimbabwe’s example.


15 posted on 09/12/2010 2:08:41 PM PDT by tbw2 (Freeper sci-fi - "Sirat: Through the Fires of Hell" - on amazon.com)
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To: tbw2
It would be very easy for African nations do repeat Zimbabwe’s example.

And return sub-Saharan Africa to the pre-colonial dark continent.
16 posted on 09/12/2010 2:10:39 PM PDT by aruanan
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To: fuzzybutt

bullets&guns?


17 posted on 09/12/2010 2:13:39 PM PDT by Waverunner (")
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To: TexasFreeper2009
Anyone who invests in Africa is a moron.

Why? I don't think the Chinese are morons. It depends on how much force you are willing to use to protect your interests. The US missed its opportunity to set the direction of Africa and shape in along our ideals. Once the chinese are fully embedded into Africa, they won't tolerate crap from African socialists. No protests, no mobs. Machete, meet AK-47 and tanks.

18 posted on 09/12/2010 2:30:44 PM PDT by Clock King (Ellisworth Toohey was right: My head's gonna explode.)
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To: UCFRoadWarrior

> “Globalization is doomed to failure because you run out of other people’s money...and property.”

.
Globalization is doomed to failure because Jesus Christ says it is. “When they say Peace, Peace, then shall the end...”
.


19 posted on 09/12/2010 3:48:23 PM PDT by editor-surveyor (Obamacare is America's kristallnacht !!)
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To: Clock King
commies are by definition morons :)
20 posted on 09/12/2010 5:07:16 PM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; blueyon; Convert from ECUSA; dervish; ...
The spin in this "article" made me a little ill.
...purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa... sovereign wealth funds from the Mid-East, as well as state-entities from China, the Pacific Rim, and even India are trying to lock up chunks of the world's future food supply... Western funds -- many listed on London's AIM exchange -- are in turn trying to beat them... Hedge funds that struck rich 'shorting' US sub-prime have rotated into the next great play of our era... Brazil has passed a decree limiting acreage held by foreign-owned companies, the latest evidence that our half-century era of globalisation may be drawing to a close.

21 posted on 09/13/2010 4:34:46 PM PDT by SunkenCiv (Democratic Underground... matters are worse, as their latest fund drive has come up short...)
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To: bruinbirdman

I’ll toss these in. ...related?

Social Engineering Bill In Senate Will Force You Into City
http://www.freerepublic.com/focus/f-news/2587894/posts

The power of food: House quietly passes HR 2749, Food Safety Enhancement Act of 2009
http://www.freerepublic.com/focus/f-news/2444936/posts


22 posted on 09/13/2010 10:16:05 PM PDT by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: familyop
"Social Engineering Bill In Senate Will Force You Into City"

Yep, they have these types laws in Oregon.

I live in a slow growth community with a huge brown belt (desert) around it. The purpose here is the opposite, though, low density.

In the near future, the lucky ones will be those who live outside the forced "unsustainable cities".

That is if Obammunist's Domestic Forces don't round them up.

yitbos

23 posted on 09/13/2010 10:45:44 PM PDT by bruinbirdman ("Those who control language control minds.")
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