Deal #3929

Argentina
Created at
2013-07-19
Last update
2021-11-09
Last full update
2021-11-09

Land area

Size under contract (leased or purchased area)
  • [2008, current] 17000.0 ha
Size in operation (production)
  • [2008, current] 17000.0 ha

Intention of investment

Intention of investment
  • [current] 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, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2005, current] In operation (production)

Leasing fees

Annual leasing fee
700
$

Contract farming

On leased / purchased
Yes
On leased area/farmers/households
  • [current] 17000.0 ha
Comment on contract farming
Olam rented the 17000 hectares from 40 owners with holdings ranging from 40 hectares to 3000 hectares.