Investment funds have become voracious buyers of U.S. farmland, amassing more than a million acres as they seek a hedge against inflation and aim to benefit from the growing global demand for food, according to data reviewed by Reuters and interviews with fund executives.
Farmland offers steady returns even in periods of high inflation, and firms hope crop demand will remain steady as the United Nations predicts the world will need 60 percent more food by 2050 due to population growth.
To read the full article, click here.