Wall Street is buying up U.S. farmland in hopes it will be a safe bet to hedge against inflation
and concerning economic conditions. Investment funds have accumulated over a million acres of farmland in the U.S., small compared to the total but significant for the market when looking at the pace of acquisitions, according to Reuters. The move from investors is drawing the concern of some, including lawmakers, who see the quick constraint on supply as a barrier for the next generation of farmers who can’t buy at the elevated price.
Comments