Farmland is essentially a long-term investment
Farmland has risen in value at an average rate of 3.4 per cent a year since 1850 in the UK, and at an average of 6.2 per cent since 1967. Farm prices in the US have risen by 150 per cent in real terms over the past century. Some well-known private investors such as Jim Rogers, and some big institutional funds such as America’s TIAA-CREF, are moving billions into purchase of farmland in low-risk nations such as the US, Australia and Canada, and higher-risk areas in South America and East Europe. [Read more…]
