Investors (China?) buying up US farmland at alarming rate
There are arguably a number of varying factors influencing the mass farmland sell-off currently taking place in the American Midwest. One thing seems certain, though — America’s once-treasured farming tradition is quickly fading into history as the next generation of Americans abandon rural life, and investors come in to snap up their fertile plots of soil in Iowa and elsewhere.
The trend of migration from rural to urban life is nothing new. But what is relatively new is the heightened interest among investors from around the country, and even from around the world, in purchasing US farmland as a type of “hedge” commodity for their portfolios — and this is especially true as the value of farmland continues its rise to record levels.
It most be protested the same as our crucial industry.