With the conversion of rainforest into farmland likely to be a closely watched gauge of Brazil’s new administration, farmland investors active in the market will be challenged to carefully weigh near-term opportunities and long-term challenges.
San Miguel chief financial officer Patricio Aguirre Saravia tells Agri Investor that in recent months, a combination of economic and political factors has complicated the borrowing environment facing Argentina’s agribusinesses.
Xavier Vargas, president of Cargill Protein Latin America, tells Agri Investor the acquisition reflects a company-wide focus on protein and is part of $100m investment earmarked for Colombia in 2017-20.
Chief executive Sebastian Popik tells Agri Investor that after a years-long period when macroeconomic uncertainty complicated Brazil-focused fundraising efforts, he expects a surge following the country’s October 28 election.
Alvaro Pino, investment officer at the Dutch development bank, tells Agri Investor that DFIs and impact investors remain the main source of capital for all but the largest participants in the South American nation’s agricultural economy.