1. Hedge Against Inflation:
Many individuals opt for investing in farmland out of concerns about growing inflation, according to Bloomberg. That’s because as you are paying more money than usual for routine purchases, its value is plummeting. With agriculture in your portfolio, you stand a better chance against the ravages of inflation.
You can’t go wrong investing in the land that our farmers work so proudly. The value of farmland tends to increase over the years. As noted by a recent report from BTC Bank, land values have been on the rise, from non-irrigated cropland to pastureland seeing a boost in value of 2% and 6% respectively between 2019 and 2020, based on research conducted by the University of Missouri.
With more hungry mouths than ever before needing to be fed globally, it’s safe to say that investing in agriculture will be great for anyone’s portfolio. New Food Magazine reported that today, experts estimate 820 million people around the world face food insecurity. With climate change affecting weather patterns and crop growth, demand is only seen as growing. Your investment in farmland can capitalize on this anticipated rise in people’s need for food.
