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Institutional buyers snapping up US farmland

About US$10b in pursuit of such property, says think-tank report

[WASHINGTON] Institutional investors are buying up US farmland at a rapid rate, and their influence is starting to shift the types of crops grown and the way the land is managed.

There is an estimated US$10 billion in institutional capital looking to acquire US farmland, and over the next 20 years, as the current generation of farmers retires, an estimated 400 million acres (162 million hectares) will change hands, according to the report issued on Tuesday by The Oakland Institute, a Calfornia-based...

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