Foreign Farm Investors in Brazil sow seeds of openness
On the high plains around the town of Luiz Eduardo Magalhães in central Brazil, it is easy to feel dwarfed by the landscape. Fields of soya, maize and cotton stretch to the horizon under immense blue skies, only the occasional tree, silo or patch of scrubby cerrado woodland giving any sense of scale. Twin-wagoned lorries are laden with soya thunder along the highways. Away from the main roads, human beings are a rarity, glimpsed only in the cabins of combine harvesters or, in the late afternoon as the air…
Adecoagro buys the Argentine cooperative Sancor Dairy Company
Twelve years after the first attempt, the agro-industrial group Adecoagro is about to get its revenge: it will gain control of the SanCor dairy cooperative, a company of the utmost importance for the Argentine dairy industry. That will be next Thursday when a meeting of farm shareholders of the dairy firm decides as an association whether Adecoagro can have more than 90% of the assets that are to be transferred. The amount of the transaction is confidential but, according to market sources, the proposal…
