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agriculture news from mongabay.com
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agriculture news.
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South Korea to lease half of Madagascar's arable land for corn, oil palm production
South Korea's Daewoo has signed a 99-year lease for half of Madagascar's arable land, reports the Financial Times. The agreement covers 1.3 million hectares (3.2 million acres) — an area half the size of Belgium. Daewoo says it plans to plant corn on 1 million hectares in the arid western part of the island and 300,000 ha (740,000 acres) of oil palm on land in the tropical east, a region that is home to the bulk of Madagascar's rare rainforests. The company will produce the food for export and plans to import workers from South Africa, although a Daewoo spokesman said that the project could create up to 70,000 local jobs.
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Malaysia's indigenous people to get land rights for first time
Malaysia's government will for the first time grant ownership rights of land farmed by indigenous people, reports the Associated Press, but some may see the legal change as a scheme to promote oil palm expansion.
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Illegal drug use destroys rainforests
Colombian officials have re-iterated their claim that cocaine use in rich countries is driving deforestation in Colombia, reports The Guardian.
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American fast food is almost entirely made of corn
American fast food is almost entirely produced from corn according to a chemical analysis of dishes served at McDonald's, Burger King, and Wendy's. The study is published in the journal Proceedings of the National Academy of Sciences.
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Malaysia, Indonesia to curtail palm oil production due to low prices
Malaysia and Indonesia ̵ countries that account for more than 85 percent of global palm oil production — will cut production in an effort to shore up collapsing palm oil prices, reports The Jakarta Post. The decline in palm oil prices is expected to slow expansion of oil palm plantations in Indonesia and Malaysia, a development that will please environmentalists who blame the palm oil industry for large-scale destruction of rainforests across Southeast Asia.
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