Approximately 40% of US farmland is owned by people over 75, often purchased by institutional investors. Advantages include modernization and increased productivity, while disadvantages involve consolidation, environmental risks, and small farmers' displacement.
US farmland owned by people over 75: Approximately 40% of US farmland is owned by people over the age of 75. When this land is sold, it is often purchased by large institutional investors or corporations looking to expand their agricultural holdings.
Advantages and disadvantages of wealthy investors buying farmland:
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