A recent article in The Economist talks about outsourcing's third wave, identified to be the agricultural investment abroad. Although it can be argued that outsourcing traces its roots to thousands of years ago, on a global scale in modern history the manufacturing and services sectors may be deemed as the first and second wave of outsourcing.
An interesting paper signed by Joachim von Braun and Ruth Meinzen-Dick of IFPRI (International Food Policy Research Institute) provides more details about the new trend of global investments in farmland abroad.
Two companies that will benefit from this powerful, and potentially very fertile, global trend could be Deere & Co. and Monsanto.
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