Seized: The 2008 landgrab for food and financial security by GRAIN | 24 Oct 2008 Land Today's food and financial crises have, in tandem, triggered a new global landgrab. On the one hand, “food insecure” governments that rely on imports to feed their people are snatching up vast areas of farmland abroad for their own offshore food production. On the other hand, food corporations and private investors, hungry for profits in the midst of the deepening financial crisis, see investment in foreign farmlands as an important new source of revenue. As a result, fertile agricultural lands are becoming increasingly privatised and concentrated. If left unchecked, this global landgrab could spell the end of small scale farming, and rural livelihoods, in numerous places around the world. Today's food and financial crises have, in tandem, triggered a new global landgrab. On the one hand, “food insecure” governments that rely on imports to feed their people are snatching up vast areas of farmland abroad for their own offshore food production. On the other hand, food corporations and private investors, hungry for profits in the midst of the deepening financial crisis, see investment in foreign farmlands as an important new source of revenue. As a result, fertile agricultural lands are becoming increasingly privatised and concentrated. If left unchecked, this global landgrab could spell the end of small scale farming, and rural livelihoods, in numerous places around the world.