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Chinese Keep Trying to Buy World’s Largest Ranch

Touch the Soil News #367 Australia’s largest farm/ranch (and possibly the world’s largest) is the S. Kidman and Co. enterprise. Chinese interests have been trying to buy it for some time. The last effort was turned down last year by the Australian Foreign Investment Review Board. Reasons include that it was not sufficiently in Australia’s best interests to sell to Chinese interests. Within the last week, however, another Chinese company – Dakang Australia – has entered the competition to buy the large S Kidman and Co. land. Dakang Austrailia is owned by Chinese interests, the largest of which is the Shanghai Pengxin Group. To soften the situation, Dakang Australia has…

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Agricultural Assets – A Modern Game of Monopoly?

Touch the Soil News #355 The Australian Broadcasting Corporation recently reported on the trend of Chinese investors owning and controlling Australian agricultural assets and farmland. According to reports, Chinese agricultural investors spent $375 million buying various agricultural assets including dairy, beef and cotton in 2015. University of Sydney professor Hans Hendrischke said one of the reasons why Chinese investors come to Australia is because in China, there’s a crisis in the food market, a crisis of confidence, and people don’t trust food security in their own country. The place to go is Australia. Australia’s coat of arms. It’s not just agricultural assets that foreign investors are looking for, but other…

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Can you Name the Largest Food Company in the World? (Part 2 of 2)

Touch the Soil News # 146 Forbes Magazine and News has been one of the closest followers of Cargill, its finances and its global footprint. In its November 23, 2104 issue, Forbes writer Dan Alexander provided some rare insights into what Cargill is presently doing: Creating a $100 million cocoa plant in Indonesia. Putting in a $91 million livestock-feed factory in Korea. Building a large dairy feed facility in India capable of producing 1.2 million metric tons a year. All in all, Cargill has poured more than $3 billion into upgraded facilities, acquisitions and new projects around the world over the past year. Besides being directly involved with food production,…

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Home Gardens and Local Food – Can they Carry More Responsibility?

Touch the Soil News #114 –– includes 2 videos If there is one urban farmer trying to make a go of it, there are thousands. If there is one home gardener trying to make a difference, there are millions throughout the nation. America has millions of acres in lawns and vacant city lots (estimates are over 40 million acres). Most urbanites have access to water for gardens. Access to assets that can produce food may be a welcome buffer as national interests around the world are scurrying to control farmland and food production for their respective homeland security interests. This brings an entirely different investment mindset coming to the table.…

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