Wall Street investors take aim at farmland

Mother Jones | 14 March 2014

Where’s the money? (Photo: FuzzBones /Shutterstock)

Wall Street investors take aim at farmland
 By Tom Philpott
 In a couple of posts last fall (here and here), I showed that corporations don’t do much actual farming in the US. True, agrichemical companies like Monsanto and Syngenta mint fortunes by selling seeds and chemicals to farmers, and grain processors like Archer Daniels Midland and Cargill reap billions from buying crops cheap and turning them into pricey stuff like livestock feed, sweetener, cooking oil, and ethanol. But the great bulk of US farms—enterprises that generally have razor-thin profit margins—are run by independent operators.
– See more at: http://www.farmlandgrab.org/post/view/23272#sthash.V0XZ5Ksc.dpuf

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s