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Conference pitches agribusiness, farmland to investors

By JERRY HAGSTROM

Investors from around the world gathered in Miami last week for the Agriculture Investment Summit for the Americas, a three-day senior-level conference for U.S., Canadian, and Latin American investors to learn about global agribusiness and farmland opportunities. The event was organized by Terrapinn Inc., a New York based company.

Ejnar Knudsen, the agricultural portfolio manager for Passport Capital, a San Francisco firm, made perhaps the strongest case for investing in agriculture. In today’s investment climate, Knudsen said, “You want to own things that hurt you when they drop on your foot.”

Roger Berry, a partner in TEM Capital, a Boston firm, who moderated the sessions, said he also sees opportunities in agriculture, but warned that there are “price spikes and inefficiencies” in agriculture as well.

Following are reports on the North American sessions.