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The farmlanding of America

(article, Culinate staff)

As the Associated Press reported recently, U.S. farmland ain't cheap; in fact, there's a boom right now in investing in farmland. As reporter Bernard Condon wrote,

bq. A new breed of gentleman farmer is shaking up the American heartland. Rich investors with no ties to farming, no dirt under their nails, are confident enough to wager big on a patch of earth — betting that it's a smart investment because food will only get more expensive around the world.

Who's squeezed out in the land grab? Traditional farmers, of course, who can't afford to expand their farms or get into farming in the first place. And planting crops based on market value stimulates price spikes and crashes. When the bloom is gone, where will investors go next? And will farms still be producing food?