Answered

Big-Money Investors Gear Up for a Trillion-Dollar Bet on Farmland

1. What portion of US farmland is owned by people over the age of 75? When this land is sold, who is most likely to purchase it?

2. What type of farming did the Williams brothers do? Why did they decide to sell their farm?

3. What did Ray Williams buy with his money from selling his farm in Oregon?

4. What have the investors done to Ray Williams's former farm in Oregon?

5. What do you believe are some advantages of having wealthy investors buy farmland? What do you believe are some disadvantages of these investors buying farmland?



Answer :

GinnyAnswer

Final answer:

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.


Explanation:

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:

  • Advantages: Increased investment in modernizing farms, access to better technology and resources, and potential increase in agricultural productivity.
  • Disadvantages: Potential consolidation of farmland, higher risk of environmental exploitation, and displacement of small farmers due to rising land prices.

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