Deal #3929

Location #1

Spatial accuracy level
Administrative region
Location
Río Cuarto, Córdoba Province, Argentina

Target country
Argentina

Land area

Size under contract (leased or purchased area, in ha)
[2008] 17000
Size in operation (production, in ha)
[2008] 17000

Intention of investment

Intention of investment
Food crops

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Olam rented 12,000 hectares of peanut farms and another 5000 hectares of soya and corn

Negotiation status

Negotiation status
[2005] Concluded (Contract signed)

Implementation status

Implementation status
[2005] In operation (production)

Leasing fees

Annual leasing fee
700
Annual leasing fee currency
US Dollar ($)
Annual leasing fee type
per ha

Contract farming

Contract farming
Yes
On leased / purchased area
Yes
On leased / purchased area (in ha)
17000
On leased / purchased farmers
40
Comment on contract farming
Olam rented the 17000 hectares from 40 owners with holdings ranging from 40 hectares to 3000 hectares.

Number of total jobs created

Jobs created (total)
Yes
Current number of employees (total)
[2013] 180

Operating company

Operating company

 

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Data source #1

Data source type
Media report
File
Date
2009-05-30
Comment on data source
It relates Olam acquisitions (rented land) in Argentina

Data source #2

Data source type
Company sources
File
Date
2013-06-30
Comment on data source
It has employment info.

Data source #3

Data source type
Media report
File

Detailed crop, animal and mineral information

Crops area
Corn (Maize), Peanut (groundnut), Soya Beans

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
in 2009, Olam acquired Industrias Martin Cubero (IMC), adding its full-scale peanut processing plant.

Overall comment

Overall comment
Olam rents in Argentina (Córdova) 17,000 hectares to produce corn, soy and peanuts

March 7, 2016, 9:47 p.m.

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Jan. 16, 2015, 5:47 p.m.

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Aug. 14, 2013, 2:45 p.m.

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July 19, 2013, 8:14 p.m.

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