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Farmland Ownership Passing into the Hands of Big Investors
USAgNet - 08/04/2020

While absentee ownership of farmland has been around for many years, the new owners are increasingly large-scale investors, NPR reports July 20.

One large group of pension funds says its members own nearly three times more farm properties than a decade ago and their value has quintupled.

"Right now, over 80% of the farmland in the country is owned by somebody 55 or older, and roughly half of them are 75 or older," says Dave Muth, a partner with Alternative Equity Advisors, which is affiliated with Peoples Co., a Des Moines-based land broker.

He adds that the country will see a shift in value over the next five to 20 years.

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