Posted By : email@example.com on November 30th, 2010
Location : farmland
Is farmland going to be the next gold?
It isn’t as implausible as it may sound. Forecasts are always a sucker’s game, but there are good reasons why the next few decades could see a new boom in farm country—and big money for those who own the land.
Demand for food is soaring. The world has consumed more food than it has produced in nine of the past 10 years, Susan Payne, chief executive of agricultural investment firm Emergent Asset Management, told the World Agricultural Investment Conference in London this week. Population is rising f…