Dubai | Reuters –– The Saudi Agricultural and Livestock Investment Company (SALIC) is looking at more farmland investment opportunities and has its neighbour Iraq on the list. SALIC, an arm of the country’s Public Investment Fund (PIF), said it was also looking to expand its investments in the Black Sea region, which already includes almost […] Read more
G3 co-owner SALIC looking at Iraq farmland
Zimbabwe to give white farmers 99-year leases
Harare | Reuters — Zimbabwe will issue 99-year leases to white farmers, according to a government circular, after new President Emmerson Mnangagwa said he would end discrimination along racial lines in agriculture. Fewer than 400 white farmers are still operating in the southern African nation, after former president Robert Mugabe’s government evicted more than 4,000 […] Read more
Canola ‘streaming’ firm eyes mortgage business
A Saskatchewan company that offers farmers cash up front for canola to be grown later is now tentatively bringing its model to the farm mortgage business. Input Capital, which sources canola from Prairie growers through multi-year “streaming” contracts, announced Tuesday it has launched a “mortgage stream” as a pilot project. Input, which set up in […] Read more
Wildfire-damaged grazing areas up for Saskatchewan aid
Saskatchewan’s provincial disaster assistance program (PDAP) will be opened up to cover southwestern grazing areas damaged by this fall’s wildfires. The province’s government relations minister, Larry Doke, on Wednesday announced producers who incurred wildfire damage on “tame and native lands” intended for grazing may now apply for assistance to get feed for affected livestock. Winds […] Read more
Ukraine’s parliament extends ban on farmland sales
Kiev | Reuters — The Ukrainian parliament voted on Thursday to extend a ban on the sale of agricultural land by one year, delaying what financial backers say is a key reform essential to Ukraine’s long-term economic growth. The bill was backed by 236 lawmakers, narrowly over the 226 required to pass. Currently Ukraine’s more […] Read more
Nova Scotia to help black residents get land titles
London | Thomson Reuters Foundation — Historic black communities in Nova Scotia will be given funds to establish legal ownership of land where they have lived for generations, the government said, in a drive to solve what critics call a case of long-running discrimination. The provincial government will spend $2.7 million over two years to […] Read more
Want free farmland? Grab your parka and head North
Toronto / Thomson Reuters Foundation – In Canada’s far north, the government of Yukon Territory wants to attract small farmers to the frigid region with a simple pitch: free land. And as global warming makes Canada’s northern regions more hospitable to agriculture by opening once frozen land to farming, the opportunities are growing. Bordering on Alaska […] Read more
Don’t let that pretty quarter section turn your head
Spring is a busy time for farmland sales, but make sure you don’t wind up with buyer’s regret
Reading Time: < 1 minute Spring is a prime time for buying land, but don’t rush into a purchase, says a provincial farm financial specialist. “With farmland prices continuing to appreciate, a well-researched financial and ownership plan will guard against ill-prepared land purchases,” said Rick Dehod. “So do your homework before making a final decision.” Read more: FCC sees increase […] Read more
Quebec’s winter trails to remain open as tax reform halted
Snowmobile trails going through farmland owned by members of Quebec’s Union des producteurs agricoles (UPA) will remain open as the province hits the brakes on changes to its farmland property tax credit plan. UPA members had recently pledged to revoke previously-permitted access to their land for snowmobile trails starting Monday (Feb. 6) in a dispute […] Read more
Brazil to open farmland, airlines to foreign buyers
Brasilia | Reuters — President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on Monday. Temer’s centre-right government plans to send Congress a bill allowing 100 per cent foreign ownership […] Read more
Cyber-Savvy Farmer
