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EU Agriculture Commissioner Mr Ciolos said the system needs to change: "I am very frustrated because this means millions of very honest farmers have to suffer because some speculators who use this opportunity with the Common Agricultural Policy became more rich only because they have some hectares".
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It extends over some 763m hectares - an area 100 times the size of Scotland.
Some 20m hectares are estimated to have been deserted; only 12m are under cultivation.
At its peak in 2000 some 221,300 hectares were under coca cultivation in Latin America.
His case is far from unusual: Romania, with some 15m hectares of farmland, is attracting people from all over Europe.
As of 30 June 2014, this latter fund had purchased some 6.1m hectares in urban, rural and remote Australia.
Peru has some 70m hectares (173m acres) of rainforest the largest chunk of the Amazon basin outside Brazil.
By mid-February, with the protection of the battalions, they had sprayed some 29,000 hectares without encountering serious armed resistance.
Brazil has added some 10m hectares since 2008 and overtook Argentina as the second-biggest grower in 2010.
Since 1994 some 3.2m hectares (7.9m acres) of farmland, 2% of the total, has passed into black hands.
Most of Brazil's farmland is pasture, running to some 175m hectares and occupied by around half a cow per hectare.
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CEO of Professional Science Editing for Scientists @ prosciediting.com