Half of U.S. Farmland Being Eyed by Private Equity
Biron, Carey L.http://www.ipsnews.net/2014/02/half-u-s-farmland-eyed-private-equity/
Publisher: Inter Press Service
Date Written: 19/02/2014
Year Published: 2014
Resource Type: Article
Cx Number: CX15838
An estimated 400 million acres of farmland in the United States will likely change hands over the coming two decades as older farmers retire, even as new evidence indicates this land is being strongly pursued by private equity investors. In the long term, this dynamic could speed up the already fast-consolidating U.S. food industry, with broad ramifications for both human and environmental health.