Wanted: Farmland

In the developing world there is the mass move towards urbanization; farmers moving in to the cities. In other parts of the world, including Canada, the opposite trend exists; an increased interest in farmlands persists. Who and why would so many seek interest in owning a piece of raw acreage?

Farmland Recovery Seen

Canada, Australia, Africa Show Signs of Renewed Interest

Investors are showing signs of renewed interest in farmland, especially in Canada, Australia and Africa.

Land prices around the world rose sharply in the lead-up to the recession, buoyed by high food prices and increased investor demand. When food prices fell in the second half of 2008, the price of the land that produced them did as well.

But the underlying fundamentals of the market -- limited land availability, water scarcity, increasing food demand and food security concerns -- lead analysts to expect land prices in some countries to recover quickly.

http://online.wsj.com/article/SB125046762719635487.html




Saverio Manzo