Ukraine is one of few countries in the world that has land that could be irrigated

The race to buy arable farm land before its global supply is exhausted is well advanced, a major agricultural conference in Canberra was told yesterday.

Derek Byerlee, co-author of a recent World Bank report The Rising Global Interest in Farmland, said it was clear the world was running out of productive land. He said with the world population set to increase to at least nine billion by 2050, and land being lost daily to urbanisation and degradation, foreign investor and corporate land sales — commonly called the world land grab were on the rise across the globe.

Dr Byerlee said the only productive land that could be irrigated still was in countries such as Brazil, sub-Saharan Africa, the Ukraine, parts of Russia and Australia.



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