New agricultural investment models and agrarian change in South Africa
"The end of the South African commercial farmer" is often proclaimed, mainly as a result of land reform and the lack of encouraging agricultural policy measures. This paper draws attention to a similar tendency, not related to South Africa's positive actions, however, but to a profound agrarian restructuring related to new agricultural investment models. These models, promoted by macro-actors such as banking corporations, investment funds, asset management companies and agricultural engineering companies, often foreign to the agricultural sector, integrate the primary agricultural production within well-connected, totally integrated, finance-value-chains. In these models, macro-actors oversee, control and own the entire process (supply of inputs, monitoring of the harvest, hedge and sale of the production) whereas independent farmers become 'service-providers' of these institutions, as they do not possess their harvest, nor do they engage in decision-making and in several cases do not even own the land. The paper describes and analyses the different agricultural production models being developed in the South African context and discusses their application and implications for the country's agricultural development trajectories. As such, it poses significant questions regarding the "financiarisation and corporisation" of the agricultural sector, the concentration process on-going in the sector, the regulation of the sector by often foreign controlled non-agricultural entities and, probably most importantly, the status of the independent farmer in South Africa.
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dig-cirad-fr-5661002022-03-30T14:44:55Z http://agritrop.cirad.fr/566100/ http://agritrop.cirad.fr/566100/ New agricultural investment models and agrarian change in South Africa. Anseeuw Ward, Ducastel Antoine. 2012. In : 50th Annual Conference of the Agricultural Economics Association of South Africa, Bloemfontein, South Africa, 1 - 3 October 2012. AEASA. s.l. : s.n., 17 p. Annual Conference of the Agricultural Economics Association of South Africa. 50, Bloemfontein, Afrique du Sud, 1 Octobre 2012/3 Octobre 2012. Researchers New agricultural investment models and agrarian change in South Africa Anseeuw, Ward Ducastel, Antoine eng 2012 s.n. 50th Annual Conference of the Agricultural Economics Association of South Africa, Bloemfontein, South Africa, 1 - 3 October 2012 E10 - Économie et politique agricoles E11 - Économie et politique foncières E13 - Investissements, financement et crédit "The end of the South African commercial farmer" is often proclaimed, mainly as a result of land reform and the lack of encouraging agricultural policy measures. This paper draws attention to a similar tendency, not related to South Africa's positive actions, however, but to a profound agrarian restructuring related to new agricultural investment models. These models, promoted by macro-actors such as banking corporations, investment funds, asset management companies and agricultural engineering companies, often foreign to the agricultural sector, integrate the primary agricultural production within well-connected, totally integrated, finance-value-chains. In these models, macro-actors oversee, control and own the entire process (supply of inputs, monitoring of the harvest, hedge and sale of the production) whereas independent farmers become 'service-providers' of these institutions, as they do not possess their harvest, nor do they engage in decision-making and in several cases do not even own the land. The paper describes and analyses the different agricultural production models being developed in the South African context and discusses their application and implications for the country's agricultural development trajectories. As such, it poses significant questions regarding the "financiarisation and corporisation" of the agricultural sector, the concentration process on-going in the sector, the regulation of the sector by often foreign controlled non-agricultural entities and, probably most importantly, the status of the independent farmer in South Africa. conference_item info:eu-repo/semantics/conferenceObject Conference info:eu-repo/semantics/publishedVersion http://agritrop.cirad.fr/566100/1/document_566100.pdf application/pdf Cirad license info:eu-repo/semantics/openAccess https://agritrop.cirad.fr/mention_legale.html http://catalogue-bibliotheques.cirad.fr/cgi-bin/koha/opac-detail.pl?biblionumber=215807 |
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E10 - Économie et politique agricoles E11 - Économie et politique foncières E13 - Investissements, financement et crédit E10 - Économie et politique agricoles E11 - Économie et politique foncières E13 - Investissements, financement et crédit |
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"The end of the South African commercial farmer" is often proclaimed, mainly as a result of land reform and the lack of encouraging agricultural policy measures. This paper draws attention to a similar tendency, not related to South Africa's positive actions, however, but to a profound agrarian restructuring related to new agricultural investment models. These models, promoted by macro-actors such as banking corporations, investment funds, asset management companies and agricultural engineering companies, often foreign to the agricultural sector, integrate the primary agricultural production within well-connected, totally integrated, finance-value-chains. In these models, macro-actors oversee, control and own the entire process (supply of inputs, monitoring of the harvest, hedge and sale of the production) whereas independent farmers become 'service-providers' of these institutions, as they do not possess their harvest, nor do they engage in decision-making and in several cases do not even own the land. The paper describes and analyses the different agricultural production models being developed in the South African context and discusses their application and implications for the country's agricultural development trajectories. As such, it poses significant questions regarding the "financiarisation and corporisation" of the agricultural sector, the concentration process on-going in the sector, the regulation of the sector by often foreign controlled non-agricultural entities and, probably most importantly, the status of the independent farmer in South Africa. |
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conference_item |
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E10 - Économie et politique agricoles E11 - Économie et politique foncières E13 - Investissements, financement et crédit |
author |
Anseeuw, Ward Ducastel, Antoine |
author_facet |
Anseeuw, Ward Ducastel, Antoine |
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Anseeuw, Ward |
title |
New agricultural investment models and agrarian change in South Africa |
title_short |
New agricultural investment models and agrarian change in South Africa |
title_full |
New agricultural investment models and agrarian change in South Africa |
title_fullStr |
New agricultural investment models and agrarian change in South Africa |
title_full_unstemmed |
New agricultural investment models and agrarian change in South Africa |
title_sort |
new agricultural investment models and agrarian change in south africa |
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http://agritrop.cirad.fr/566100/ http://agritrop.cirad.fr/566100/1/document_566100.pdf |
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AT anseeuwward newagriculturalinvestmentmodelsandagrarianchangeinsouthafrica AT ducastelantoine newagriculturalinvestmentmodelsandagrarianchangeinsouthafrica |
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1758023451189182464 |