farmland

Report: Investors (China?) buying up US farmland at alarming rate

Monday, November 28, 2011 by: Ethan A. Huff, staff writer
Tags: farmland, America, health news

eTrust Pro Certified

Most Viewed Articles
Popular on Facebook
BACK INTO THE CLOSET: Why U.S. reporters are not allowed to write about rainbow events in nations where being gay is still condemned
Depopulation test run? 75% of children who received vaccines in Mexican town now dead or hospitalized
A family destroyed: Six-month-old dies after clinic injects baby with 13 vaccines at once without mother's informed consent
Biologist explains how marijuana causes tumor cells to commit suicide
INVESTIGATION: Three days before Dr. Bradstreet was found dead in a river, U.S. govt. agents raided his research facility to seize a breakthrough cancer treatment called GcMAF
BOMBSHELL: China and America already at war: Tianjin explosion carried out by Pentagon space weapon in retaliation for Yuan currency devaluation... Military helicopters now patrolling Beijing
Companies begin planting microchips under employees' skin
BAM! Chipotle goes 100% non-GMO; flatly rejecting the biotech industry and its toxic food ingredients
ECONOMIC SLAVERY FOR ALL: While we were distracted with the Confederate flag flap, Congress quietly forfeited our entire economic future via fast-track trade authority
NJ cops bust teenagers shoveling snow without a permit
McDonald's in global profit free fall as people everywhere increasingly reject chemically-altered toxic fast food
March Against Monsanto explodes globally... World citizens stage massive protests across 38 countries, 428 cities... mainstream media pretends it never happened
Italian court rules mercury and aluminum in vaccines cause autism: US media continues total blackout of medical truth
SCOTUS same-sex marriage decision may have just legalized the concealed carry of loaded firearms across all 50 states, nullifying gun laws everywhere
Orthorexia Nervosa - New mental disorder aimed at people who insist on eating a clean diet
Vicious attack on Dr. Oz actually waged by biotech mafia; plot to destroy Oz launched after episode on glyphosate toxicity went viral
Nearly every mass shooting in the last 20 years shares one surprising thing? and it's not guns
Holistic cancer treatment pioneer Dr. Nicholas Gonzalez dies suddenly; patients mourn the loss of a compassionate, innovative doctor who helped thousands heal from cancer
Delicious
(NaturalNews) There are arguably a number of varying factors influencing the mass farmland sell-off currently taking place in the American Midwest. One thing seems certain, though -- America's once-treasured farming tradition is quickly fading into history as the next generation of Americans abandon rural life, and investors come in to snap up their fertile plots of soil in Iowa and elsewhere.

The trend of migration from rural to urban life is nothing new. But what is relatively new is the heightened interest among investors from around the country, and even from around the world, in purchasing US farmland as a type of "hedge" commodity for their portfolios -- and this is especially true as the value of farmland continues its rise to record levels.

A recent Reuters report explains that in Iowa, an agricultural mecca marked mostly by corn and soy crops these days, fertile farmland has become a hot commodity that is attracting many out-of-towners. Unable or simply unwilling to further the legacy of their parents and grandparents, farmland heirs are selling or auctioning off their family land to the highest bidder.

At the same time, demand for farmland is so high that many landowners feel it just makes good financial sense to sell their land. According to the latest figures, farmland prices in Iowa have increased about 24 percent within the past year, and the average per-acre price of cropland across the state is now $5,700 (http://www.iowafarmertoday.com/news/regional...).

Another issue is the exorbitant federal estate tax, also known as the "death" tax, that farm heirs are levied following a farmer's death. This tax, which can exceed 50 percent of an estate's total value in some cases, can force farm heirs to sell some or all of the land just to pay it, which inadvertently forces farming families out of the business whether they want to or not.

And just who is buying all this land? Well, as we reported a few months ago, wealthy investors like George Soros (http://www.naturalnews.com/033319_food_price...), and China, which currently holds the most US debt currency in the form of Federal Reserve Notes (http://www.crikey.com.au/2011/06/16/foreign-...) have been busy buying farmland around the world.

In other words, when the ever-worsening economic meltdown eventually leads to massive food shortages, Americans will have already sold their source of food down the river for a heap of worthless debt currency.

Sources for this article include:

http://www.reuters.com/article/2011/11/21/us...

Follow real-time breaking news headlines on
Farmland at FETCH.news
Join over four million monthly readers. Your privacy is protected. Unsubscribe at any time.
comments powered by Disqus
Take Action: Support NaturalNews.com by linking back to this article from your website

Permalink to this article:

Embed article link: (copy HTML code below):

Reprinting this article:
Non-commercial use OK, cite NaturalNews.com with clickable link.

Follow Natural News on Facebook, Twitter, Google Plus, and Pinterest

Colloidal Silver

Advertise with NaturalNews...

Support NaturalNews Sponsors:

Advertise with NaturalNews...

GET SHOW DETAILS
+ a FREE GIFT

Sign up for the FREE Natural News Email Newsletter

Receive breaking news on GMOs, vaccines, fluoride, radiation protection, natural cures, food safety alerts and interviews with the world's top experts on natural health and more.

Join over 7 million monthly readers of NaturalNews.com, the internet's No. 1 natural health news site. (Source: Alexa.com)

Your email address *

Please enter the code you see above*

No Thanks

Already have it and love it!

Natural News supports and helps fund these organizations:

* Required. Once you click submit, we will send you an email asking you to confirm your free registration. Your privacy is assured and your information is kept confidential. You may unsubscribe at anytime.