News
Billions invested in farming as food prices increase
June 8, 2008
The New York Times: Huge investment funds have started to pour hundreds of billions of dollars into commodities like wheat, corn and soybeans. Now, a few large private investors are starting to make bolder and longer-term bets that the world's need for food will greatly increase — by buying farmland,fertilizer, grain elevators and shipping equipment.
From ethanol plants and grain elevators to Canadian and sub-Saharan Africa farmland, these investments could bolster food production at a time when the world needs more of it.
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