ABSTRACT Research on the financialisation of land and agribusiness has highlighted major shifts in agri-food systems globally. Yet these accounts tend to focus on the activities of financial actors, and few take seriously the role of farmers in negotiating investments in land and agribusiness. Farmers in the global North may be well placed to benefit from partnerships with financial investors, although little is known about the way that such partnerships are formed. Australian studies of farmer agency have been productive in examining farm family entrepreneurs and globally engaged farmers who work beyond the farm gate to organise supply chains. This paper adds to these studies by providing insights about a capitalising farm family entrepreneur, who successfully negotiated and entered into a direct equity partnership with a large foreign pension fund. Several observations are significant: the exceptional skill, time and expense required to negotiate these partnerships; the role of consultants and non-human actors in structuring them; and the spatially- and temporally divergent farm development practices that are enabled by a shift from debt to equity financing. These observations are indicative of a new adaptive strategy of family farmers to shifting financial landscapes and of emergent family, corporate, and financial farm hybridity.

中文翻译：

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将农场家庭企业家资本化：在澳大利亚谈判私募股权合作伙伴关系

摘要 关于土地和农业综合企业金融化的研究突出了全球农业食品系统的重大转变。然而，这些账户往往侧重于金融参与者的活动，很少认真考虑农民在谈判土地和农业综合企业投资方面的作用。全球北方的农民可能会从与金融投资者的伙伴关系中受益，尽管人们对这种伙伴关系的形成方式知之甚少。澳大利亚对农民机构的研究在考察农场家庭企业家和在农场外工作以组织供应链的全球参与农民方面卓有成效。本文通过提供有关资本化农场家庭企业家的见解对这些研究进行了补充，成功与国外大型养老基金谈判并建立直接股权合作伙伴关系。几个观察结果很重要：谈判这些伙伴关系所需的特殊技能、时间和费用；顾问和非人类行为者在构建它们时的作用；以及从债务融资到股权融资的转变所带来的空间和时间上不同的农业发展实践。这些观察结果表明家庭农民采取了一种新的适应性策略来改变金融格局以及新兴的家庭、公司和金融农场的混合。以及从债务融资到股权融资的转变所带来的空间和时间上不同的农业发展实践。这些观察结果表明家庭农民采取了一种新的适应性策略来改变金融格局以及新兴的家庭、公司和金融农场的混合。以及从债务融资到股权融资的转变所带来的空间和时间上不同的农业发展实践。这些观察结果表明家庭农民采取了一种新的适应性策略来改变金融格局以及新兴的家庭、公司和金融农场的混合。