NFFC's National Programs and Policy Coordinator, Jordan Treakle, shared concerns from NFFC and our members about the rapidly increasing rate of US farmland investment in this story by NewsNation. While farmers continue to see land prices rise to historic amounts, a massive barrier to new and beginning farmers looking to enter the sector, investment firms are seeing record returns on the farmland they're buying up across rural America.
The Financial Times completed an analysis in February that shows an eightfold increase in the value of farmland held by investment groups since 2008. The report also predicts that, as land becomes more scarce from the effects of climate change, investment will only surge.
Jordan highlighted the Farmland for Farmers Act as one solution to this crisis - the bill would curtail speculative investment in US farmland, helping protect this resource for farmers who need it.
Click here to support the Farmland for Farmers Act!
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