Global pressure mounts on Israel as Gaza death toll surges, war deepens    Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister    Irrigation Minister highlights Egypt's water challenges, innovation efforts at DAAD centenary celebration    Egypt discusses strengthening agricultural ties, investment opportunities with Indian delegation    Al-Sisi welcomes Spain's monarch in historic first visit, with Gaza, regional peace in focus    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Egypt's gold prices fall on Wednesday    Egypt expands medical, humanitarian support for Gaza patients    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi firm buys dairy farm land in Argentina as anger grows from activists, farmers alike
Published in Bikya Masr on 02 - 01 - 2012

LOS ANGELES: Animal rights activists and local farmers are fomenting over a recent purchase of approximately 30,000 acres of farmland by a Saudi Arabian dairy company. The sale of Argentina's farm operator Fondomonte for some $83 million by Saudi's Almarai Company is to secure access to animal feed, the company said on Sunday.
The sale comes only a short time before the Argentina government establishes restrictions on foreign ownership of productive land in the country.
Almarai said in a statement that the deal is in line with Saudi's policy of “securing supplies and conserving local resources.”
But local farmers and animal activists are worried that the deal would hurt Argentina's farmers and could be detrimental to animal welfare standards, respectively.
“This deal will show the world that the Middle East does not treat animals in a proper fashion and maintains the worst conditions for animals in the world and is just an extension of the live export trade,” said Teresa di Maria, a Buenos Aires-based animal rights activist.
She told Bikyamasr.com via telephone that she was hoping to galvanizing local activists to “protest this abuse of Argentine lands in support of the animals.”
Farmers are also frustrated that the deal would cut into their local market and drive prices further down, citing the bankroll of Saudi companies as an example of how Almarai could sell locally at reduced prices, “which would curtail local production and Argentineans ability to survive.”
Saudi Arabia for decades has produced millions of tons of home grown wheat with the help of generous farm subsidies. Now, the ultra-conservative Gulf kingdom is trying to wind down domestic production because of concern over dwindling water supplies.
Fondomonte operates three farms in Argentina dedicated to producing corn and soybeans, according to Almarai. According to the Fondomonte website it also grows barley, rice and sorghum. Almarai plans to use the crops to feed chickens and cattle.
The Saudi purchase was announced as Argentina's Senate approved strict new limits on foreign land ownership, designed to protect the country's food resources.
The law limits individual foreign ownership of rural land to 2,500 acres per titleholder, and bars any more purchases by foreigners once 15 percent of Argentina's land is foreign owned.
That might be little consolation for farmers and activists like di Maria, who argue the regulations are doing little to put local production and animal rights above business.
“We are seeing the full globalization of food production and it hurts both the animals and the local farmers and must be fought against at all times,” she added.
BM
ShortURL: http://goo.gl/nGv3u
Tags: Almarai, Argentina, dairy farm, Fondomente
Section: Animals, Food, Latest News, Saudi Arabia, South America


Clic here to read the story from its source.