Growth in the developing world is putting pressure on natural resources, agricultural commodities and alternative fuels. As such, the world is becoming increasingly reliant on South America for incremental food and feedstock production. Today, Brazil’s strong economy, favorable growing conditions and availability of suitable arable land make the country a highly desirable location for investing in farmland and agriculture-related investments.
Summit Brazil, LLC entered the Brazilian marketplace in 2012 with the acquisition of 11,000 acres (5,500 tillable) of farmland in the state of Mato Grosso, and in 2014, Summit Brazil Renewables I, LLC, partnering locally in the construction of a 60 million gallon corn ethanol production plant. Most recently, the addition of Summit Sao Manoel, LLC in 2016 has allowed investors to gain exposure to farmland in the uniquely positioned state of Amapa. As land values in the country continue to improve due to an increasing local demand for livestock production, food crops and corn-based ethanol, our farmland and renewables projects remain strategically aligned with local operators and government entities to secure additional investment opportunities. Through extensive due diligence and an ability to leverage strong regional partnerships, we have experienced significant success in building a valuable investment platform in Brazil.