An Australian family cattle business is selling the largest private stretch of real estate on Earth: grazing land that is more than 75% the size of England.
The 23,000 square km (8,880 square mile) property is so big that
prospective buyers will spend an entire week of flying around in a plane
to view it. As many as 30 bidders—other farming families,
local and foreign investors, meat companies and global pension funds—are
reportedly interested in the real estate, which includes a collection
of cattle stations (otherwise known as cattle ranches) in southern
Australia. The prospective buyers are from all around the world, though
the as The Australian reports (paywall), local lawmakers are calling to ban the sale to any foreign governments or state-owned companies.The company selling the land is S. Kidman and
Co—no relation to Australian actress Nicole Kidman—and is the
eighth-largest landholder in the world. The owners of a cattle herd of
185,000, S. Kidman produces about 1.3% of Australia’s beef, largely
exporting livestock to Asia. China’s increasingly massive middle class
is developing quite a taste for beef, much to the benefit of Australian ranchers. Source
Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.
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