This article uses a purpose-designed land parcels database covering all rural land transactions over 16 years (2004–2019 inclusive) to document the ways in which financialised agri-corporate investors acquired farmland in a major Australian cropping and grazing region, New England North West (NENW). Framing these investments through the lens of strategic coupling reveals a mix of land acquisition strategies. Almost 200,000 ha of farmland was acquired by financialised agri-corporate investors in NENW during the study period. Approximately one-third was acquired through takeovers of stock market listed agricultural companies or unlisted agricultural asset management companies, another third involved the purchase of farms already packaged into assetised forms by prior rounds of restructuring and the final third involved the purchase and aggregation of family farms. We interpret this mix of entry modes to indicate a flexible and opportunistic set of dynamics in how financialised agri-corporate investors amass their land assets, underlining their reach and scope in the restructuring of regional agricultures.

中文翻译：

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金融化的农业企业投资者如何获得耕地？分析澳大利亚农业区的土地投资，2004 年至 2019 年

本文使用专门设计的地块数据库，涵盖 16 年来（包括 2004 年至 2019 年）的所有农村土地交易，以记录金融化的农业企业投资者在澳大利亚新英格兰西北部主要种植和放牧区收购农田的方式（新）。通过战略耦合的视角来构建这些投资揭示了土地收购战略的组合。在研究期间，NENW 的金融化农业企业投资者收购了近 200,000 公顷农田。大约三分之一是通过收购上市农业公司或非上市农业资产管理公司获得的，另外三分之一涉及购买已经通过前几轮重组打包成资产形式的农场，最后三分之一涉及家庭农场的购买和整合。我们将这种进入模式的组合解释为表明金融化的农业企业投资者如何积累其土地资产的一系列灵活和机会主义的动态，强调了他们在区域农业重组中的影响力和范围。