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The Global Agricultural Land Grab

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August 21, 2009 – Comments (10)

I thought this was a fascinating article from World Politics Review. Here's your relevant paragraph:

"Although the practice of buying up tracts of arable land in Africa, Asia and Eastern Europe is not a new phenomenon, the food crisis of the last few years and growing water scarcity has accelerated the trend. Countries like South Korea, Saudi Arabia, India, and China are now buying or leasing hundreds of thousands of hectares in Sudan, Ethiopia, Kenya, Mozambique, Nigeria and elsewhere to meet food demand back home."

This obviously has many serious implications and will likely hamper further sustainable development in Africa.

Tim

10 Comments – Post Your Own

#1) On August 21, 2009 at 11:05 AM, russiangambit (29.12) wrote:

This is one of the reasons I think Canada and Russia will do very well in this century. They have so much land and water.

Brazil also has a lot of land but I heard they have issues with water supply.

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#2) On August 21, 2009 at 11:17 AM, catoismymotor (51.71) wrote:

I believe agricultural small caps offer a good way to make some hefty longterm gains. I believe CZZ, CALM, FEED and CVGW are all strong contenders.

I own CALM and FEED.

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#3) On August 21, 2009 at 11:27 AM, dudemonkey (39.48) wrote:

Brazil also has a lot of land but I heard they have issues with water supply.

The Amazon river carries 20% of the world's fresh water.  This is where I'm going to be retiring to.

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#4) On August 21, 2009 at 11:33 AM, catoismymotor (51.71) wrote:

Dude,

Reserve a grass hut for me!

Cato

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#5) On August 21, 2009 at 11:41 AM, russiangambit (29.12) wrote:

> The Amazon river carries 20% of the world's fresh water.

Agree. But it seems it is not easily acessible. Plus, if they start tapping into it big time, you never know what unintended consequnces follow.

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#6) On August 21, 2009 at 11:58 AM, starbucks4ever (97.43) wrote:

"This is one of the reasons I think Canada and Russia will do very well in this century. They have so much land and water."

With someone like Putin in charge, no amount of oil or land or water is going to help. These KGB guys just steal all 100% of whatever mineral wealth nature throws at them.

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#7) On August 21, 2009 at 12:00 PM, russiangambit (29.12) wrote:

> With someone like Putin in charge, no amount of oil or land or water is going to help. These KGB guys just steal all 100% of whatever mineral wealth nature throws at them.

There is that, of course. But they are not going to live forever. Corruption in Russia didn't start with Putin, though. So, it is not going away any time soon. However, look at India, it probably even more corrupt and still people invest there.

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#8) On August 21, 2009 at 12:05 PM, starbucks4ever (97.43) wrote:

India is different. There they have several crooked parties fighting each other, just like in the Ukraine. But in Russia, Putin & Co have a monopoly on corruption, so they are able to steal without any restaint.

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#9) On August 21, 2009 at 3:10 PM, Bays (30.13) wrote:

Viterra (VT.TO)

Oh Canada

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#10) On August 21, 2009 at 4:24 PM, bcnu6 (29.68) wrote:

This is why stocks of companies making water in developing nations offer a tremendous investment potential.  I have made a lot of money with Hyflux, Ltd. (HYFXF.PK), and expect to make much more.  For other water stocks, see water utilities

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