Ownership of Farmland Passing into the Hands of Big Investors

While absentee ownership of farmland has been around for many years, the new owners are increasingly large-scale investors, NPR reports July 20.

One large group of pension funds says its members own nearly three times more farm properties than a decade ago and their value has quintupled.

"Right now, over 80% of the farmland in the country is owned by somebody 55 or older, and roughly half of [them are] 75 or older," says Dave Muth, a partner with Alternative Equity Advisors, which is affiliated with Peoples Co., a Des Moines-based land broker.

"We're going to have an incredible shift in value over the next five to 20 years."

To read the full report by NPR, click here:

Related Articles:

U.S. Drought Monitor (July 30): Extreme Dryness Worsens Over Much of the West, Midwest, Southeast, and Northeast

Closure of LaGrange Lock and Dam on Illinois River May Impede Shipping at Harvest

Illinois Farmer Jim Raben Elected U.S. Grains Council Chairman During Virtual Summer Meeting