One of the biggest names in the financial industry has made a big move into agriculture and farmland.
TIAA-CREF, which provides an array of retirement services in the government and non-profit field, has acquired a controlling interest in Westchester Group, an Illinois-based company known for brokering and managing farmland.
TIAA is no stranger to agriculture. The company says it already has a stake in more than 400 farms in the Americas, Australia and Eastern Europe. Analysts say this latest move gives the firm a strong platform for making additional investments
With One Earth and some of the investment firms buying farm land does this spell the end of Family Farms in Western Canada.
I look at the Genius that one Saskatchewan's outstanding farmer a few years ago, where he sold his land and rented it back along with more. Hm does this not say your working for them. But maybe I am wrong ownership means nothing in land and working and renting is way to go. HA what a crock of BS.
Any farmer who sells out to these guys and doesn't go first to his neighbors is the joke. Back in Europe where we all mostly came from most left for wide open space and ownership of property.
If wall street wants property let them farm. One earths really looks nice from what I saw yesterday. HA.
This land thing is going to heat up Farmers short term gain will be long term pain. Support your neighbor BUY HIM OUT!!!!!!!
TIAA-CREF, which provides an array of retirement services in the government and non-profit field, has acquired a controlling interest in Westchester Group, an Illinois-based company known for brokering and managing farmland.
TIAA is no stranger to agriculture. The company says it already has a stake in more than 400 farms in the Americas, Australia and Eastern Europe. Analysts say this latest move gives the firm a strong platform for making additional investments
With One Earth and some of the investment firms buying farm land does this spell the end of Family Farms in Western Canada.
I look at the Genius that one Saskatchewan's outstanding farmer a few years ago, where he sold his land and rented it back along with more. Hm does this not say your working for them. But maybe I am wrong ownership means nothing in land and working and renting is way to go. HA what a crock of BS.
Any farmer who sells out to these guys and doesn't go first to his neighbors is the joke. Back in Europe where we all mostly came from most left for wide open space and ownership of property.
If wall street wants property let them farm. One earths really looks nice from what I saw yesterday. HA.
This land thing is going to heat up Farmers short term gain will be long term pain. Support your neighbor BUY HIM OUT!!!!!!!
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