Three Large American Multinationals Bought 17 Million Hectares of Ukrainian Agricultural Land
Three large American multinationals bought 17 million hectares of Ukrainian agricultural land.
These are Cargill, Dupont and Monsanto (which is officially German-Australian but with American capital). Five percent of Ukrainian agricultural land was subsequently purchased by the Chinese state. For comparison, the whole of Italy has 16.7 million hectares of agricultural land.
In short, three American companies bought more useful agricultural land in Ukraine than the whole of Italy.
Among the main shareholders of these three companies are Vanguard, Blackrock, Blackstone.
The usual suspects again…
The 17 million hectares quoted was an error and its 1.7 million. Note the alleged companies don’t hold the land in their names but via investment funds.