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Deal #746 Version #49081

Brazil

Created at

2013-02-15

Last update

2021-11-16

Last full update

2023-11-14

Land area

Size under contract (leased or purchased area)

[2011, current] 300000.0 ha

Size in operation (production)

[2011, current] 300000.0 ha

Intention of investment

[current] Food crops

Nature of the deal

Lease

Comment on nature of the deal

The company, lease some fields to other farmers of area. However the company and data source do not specific how many hectares are leased and how many owns.

Negotiation status

[2003, current] Concluded (Contract signed)

Comment on negotiation status

The company purchased its first lands from year 2003 El Tejar recurrió a artilugios legales para intentar franquear las leyes que limitan la compra de tierras por parte de extranjeros, y de este modo responder a las exigencias de los inversores

Implementation status

[2003, current] In operation (production)

Contract farming

Comment on contract farming

The company, lease other fields to smallholder. Though, increasing price of rent did that the company lease every time less fields.