Thats the pinch the farmers find themselves in. the world, wants cheap food and blames high food commodity prices on speculation. meantime farmers with increasing fuel, fertilizer costs etc are having trouble making ends meet. Bottom line is weak crop commodity prices will bring down planting and production. Thinking crop commodities are going to climb this fall if not then over the next few years. World at 7billion people and climbing. perhaps 8 billion by 2023. If you are going to buy farm land get some expert advice first. jmho
I saw on tv the other day there is a fund that buys farms/farm land. They also lease out some the farm land they own and income gets distributed to share holders, sort of like a reit. too early to tell if their model works the guy was saying its at least a 5 year commitment, penalty for early withdrawl from the fund. et.