Welcome to Black Earth Farming Limited
Black Earth Farming Ltd (“BEF”) is a company whose business concept is to acquire, develop and farm agricultural land assets in the Black Earth Region in Russia. The Black Earth Region is endowed with what perhaps is the world’s most fertile soil.
The agricultural sector in Russia represents an under-developed sector that historically has been ignored by investors or that has not been open to them. The new Russian Land Code and the creation of a cadastre now allow the establishment and registration of title to land, solving the property rights issue which previously worked as a deterrent for investments. BEF provides its investors with a unique exposure to this fast growing agricultural market.BEF was among the first foreign financed companies to make substantial investments in Russian agriculture to exploit the large untapped potential from some 30 million hectares of arable land not being utilized. Because of its early establishment, BEF has now gained a strong market position in several Russian regions, richly endowed with black earth soil. BEF continues to build up the already impressive land bank of first class soil while ramping up agricultural operations. As of 30 June 2010 BEF had 328,000 hectares of land under its control and in 2009 the Company harvested over 183,000 hectares.