Financial capital and agricultural use of Brazilian territory: the acting in the land market the BrasilAgro company

• Grant number: 15/10471-6
• Support type: Scholarships in Brazil - Doctorate
• Effective date (Start): August 01, 2015
• Effective date (End): April 21, 2019
• Field of knowledge: Humanities - Geography - Human Geography
• Cooperation agreement: Coordination of Improvement of Higher Education Personnel (CAPES)
• Principal Investigator: Samuel Frederico
• Grantee: Rodrigo Cavalcanti Do Nascimento
• Home Institution: Instituto de Geociências e Ciências Exatas (IGCE). Universidade Estadual Paulista (UNESP). Campus de Rio Claro. Rio Claro , SP, Brazil
• Associated scholarship(s): 16/06013-5 - The relationship between the financial capital and the land market: The world phenomenon of land grabbing, BE.EP.DR

Abstract

This project has the objective to analyze the strategies of use the Brazilian territory by BrasilAgro company. It starts with the hypothesis that the IPO and the greater control exercised by financial agents have been imposing a new logic of action with the companies. From the 2000s, the relationship between the increase in demand for agricultural commodities and the global financial crisis made the land a major draw for financial investors. In Brazil, due to the large stock of land and its relatively cheap price, companies linked to international finance capital began to establish partnerships with large local producers and national companies in order to acquire land in areas of modern agricultural frontier. In an attempt to understand the relationship between financialization and the agricultural use of Brazilian territory, we analyze the strategies pursued BrasilAgro company. At the same time, we shall investigate their greater dependence with respect to the material and regulatory conditions of Brazilian partner-space formation. Thus, this research proposes to verify and analyze the company's strategies from three main aspects: a) the relationship between financial capital and BrasilAgro company, identifying financial agents (shareholders and investors) and how they impose their logic return to the forms of territorial performance of the company; b) the strategies of acquisition, valuation and sale of land; c) the logic of location of farms. (AU)