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RSS By: Mike Walsten, Pro Farmer

Mike Walsten has covered major business trends in agriculture for more than 40 years.

The Saudis Are Coming

May 03, 2010

Mike Walsten

Saudi investors are taking a look at direct investment in the U.S. food chain to assure that country's food supply, according to this article. For decades the country has focused on boosting its own production, trying to be self-sufficient. But, according to the article, the country realizes the limitations it faces on water supplies is too much of a hurdle. The new focus is to invest directly in food companies and sign direct contracts with U.S. producers to grow crops dedicated to Saudi firms.

Click here for the full story, which ran in the Saudi Gazette..

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