We'll likely see more and more small town businesses closing if more farming is done by this type of group. You're right, the inputs will be bought direct, and the profits of the farm will go where ever to the investors that don't know their ass from a hole in ground. Never have to worry about the weather, paying the bills or ......anything. At the end of the day a couple or 3% on their investment is better than the interest in the bank.
They are buying up farm land for more than its worth, and just making it more difficult for a young person to even think about starting to farm. Look what happened to all the investors money put down into the Hog Industry. Apparently some of the barns being foreclosed on are hardly getting the price of the land back..... Something crooked in this whole picture.
They are buying up farm land for more than its worth, and just making it more difficult for a young person to even think about starting to farm. Look what happened to all the investors money put down into the Hog Industry. Apparently some of the barns being foreclosed on are hardly getting the price of the land back..... Something crooked in this whole picture.
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