“The acquisition of farmland from the world’s poor by rich countries and international corporations is accelerating at an alarming rate, with an area half the size of Europe’s farmland targeted in the last six months, reports from UN officials and agriculture experts say.”
“According to a US-based think tank, the International Food Policy Research Institute, nearly $20bn to $30bn a year is being spent by rich countries on land in developing countries.”
read more here:
http://www.guardian.co.uk/environment/2009/jul/03/land-grabbing-food-environment