Farmland in developing countries has become an unlikely object of investor fascination. Goldman Sachs (GS), and Morgan Stanley (MS) are each raising hundreds of millions of dollars for agriculture funds aimed at Africa and Latin America. Agribusinesses in the U.S. are leasing vast tracts of African land from which they expect to export crops and [...]
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Land Rush in Africa – BusinessWeek
Posted by Matt in November 28th, 2009 | no comment
Published in Africa, Acreage, Agribusinesses, Agriculture, Arab Oil, Businessweek, Crops, Developing Countries, Farmland, Fascination, Fear, Goldman Sachs, Homelands, Investor, Land Rush, Latin-America, Morgan Stanley, Oil Countries, Sachs Gs, Tracts, Water Land
China farms the world to feed a ravenous economy
Posted by Matt in May 3rd, 2008 | no comment
Published in China, Economy, China Beijing, Chinese Enterprises, Contract Farming, Crops, Dirt, Frontier, Generations, Logging Concessions, Mud, Neat Rows, Northern Laos, People, Profits, Rice Fields, Rubber Trees, Rugged Mountains, Sap, Tracts, World Economy
CHALEUNSOUK, Laos: The rice fields that blanketed this remote mountain village for generations are gone. In their place rise neat rows of young rubber trees — their sap destined for China.
All 60 families in this dirt-poor, mud-caked village of gaunt men and hunched women are now growing rubber, like thousands of others across the rugged [...]
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