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Retirement Funds – Chasing Farmland – Implicated in Corruption and Violence.

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Touch the Soil News #491 Imagine going to the poorer parts of Brazil, a nation unfortunately gripped by corruption (see video below) with million dollar checkbooks to buy farmland. The story regularly repeats itself around the globe as local indigenous officials – intoxicated with the vision of large money – move to deliver the land for which millions of dollars are lined up. As we all know, land is not free and every bit of farmland in the world is occupied by farms or indigenous people. Getting the farmland out of the clutches of the locals has a name in Brazil – “grilagem.” Grilagem denotes using falsification of documents and…

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Is Demand for Food Creating a Financial Frenzy over Farmland?

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Touch the Soil News #484 (feature photo cc-by-sa-2.0) In 2008, while the focus was on the unfolding real estate crisis, another crisis was simultaneously unfolding. Through price shocks on basic grains, about 100 million people (bringing the total to over 900 million) were relegated to the ranks of the hungry almost overnight. Today, with the multitude of global trade agreements in place, one thing about the future cost of food is certain – food will go to the highest bidder in the world. There were shortages of wheat in 2008 in the U.S., as higher international bidders cleaned out the nation’s stocks. The volume of investor dollars looking for farmland,…

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