Agricultural Investing: Promising Future
The long-term supply and demand fundamentals of farmland bode extremely well for the patient investor who thinks in terms of decades and not quarters. Without a substitute for food, the growing global population with a rising standard of living will continue to increase demand for farmland and the products it produces. The U.N. Food and Agriculture Organization estimates we will need to increase global food production 70% by the year 2050. To put this into perspective, more food will need to be produced in the next 50 years than has been produced during the last 10,000 years combined.