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Justin Kuepper

Soros Buys into Latin American Farm Land

By January 16, 2013

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George Soros - famous for his Black Wednesday trade - recently revealed a sizeable position in Adecoagro SA (NYSE: AGRO), according to its latest 13F filing with the SEC. With a 21.3% stake in the small cap company, the billionaire hedge fund manager has gained exposure to 40 farming properties throughout Argentina, Brazil and Uruguay.

Trading at just 15x earnings, the company offers exposure to diverse farmland across multiple crop types with relatively strong growth rates. As global food prices continue to soar, farmland has proven to be a very successful investment over the past couple years.

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