Ponce
28th November 2011, 11:24 AM
"Learn Spanish and Chinese and buy water stocks"... Ponce...........you would get a better job in the future Chinese farmlands if you were able to talk Chinese............oh yeah, the Mexmericans are coming to Nomerica.
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Report: Investors (China?) Buying Up US Farmland at Alarming Rate
NaturalNews
Ethan A. Huff
November 28, 2011
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.
A recent Reuters report explains that in Iowa, an agricultural mecca marked mostly by corn and soy crops these days, fertile farmland has become a hot commodity that is attracting many out-of-towners.
Unable or simply unwilling to further the legacy of their parents and grandparents, farmland heirs are selling or auctioning off their family land to the highest bidder.
================================================
Report: Investors (China?) Buying Up US Farmland at Alarming Rate
NaturalNews
Ethan A. Huff
November 28, 2011
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.
A recent Reuters report explains that in Iowa, an agricultural mecca marked mostly by corn and soy crops these days, fertile farmland has become a hot commodity that is attracting many out-of-towners.
Unable or simply unwilling to further the legacy of their parents and grandparents, farmland heirs are selling or auctioning off their family land to the highest bidder.