GEOG 216 Lecture Notes - Lecture 26: Land Run, Agribusiness, Land Values
Document Summary
The shift has gone from equity market to land purchase. One way to increase yields is invest more in agriculture like irrigation, fertilizers etc. The idea here is companies purchase and then release it back to the farmers who know the land better for a revenue stream. The farmer is still a farmer but not a landowner. And then gets paid at a certain level above they would earn when farming own crops. The return is high in addition to income yields from farmland there is potential for appreciation as farmland becomes more valuable. A debate about who should be owning lands and implications about rights of ownership is happening. A new phenomena; long legacy of foreign land acquisitions. We see colonization projects or this land is simply confiscated by colonizers from indigenous people. This is preceding now at a much higher rate. We are talking about moving much more into __ production. New players (china, malaysia, uae and india)