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In a World of Less-Than-Abundant-Food – Would You Exploit the Situation?

Barley

Touch the Soil News #218   “Investing in agricultural land is the most basic way to benefit from the growing worldwide demand for food.” -Westchester Asset Management   This statement, perhaps more than most, illustrates the way in which the world’s peoples might be held hostage to food not grown in their own backyard or community. Westchester Asset Management is a sub-division of one of the nation’s largest pension-fund managers – the TIAA-CREF Company. TIAA-CREF has $834 billion in assets under management and has created the Westchester Asset Management group to research and acquire and manage farmland assets around the globe. According to the Australian News, Westchester, from Illinois, USA,…

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Mainstream Farming Facing Chronic Crises

Brodkedownfarmhouse - feature

Touch the Soil News #168 Recently (8/27/2015), Bloomberg Business writer, Alan Bjerga, did a story on FarmLink, which has a subsidiary called “MachineryLink.” The idea is that many farmers plant and harvest at different times – creating an opportunity to share equipment. MachineryLink is in the business of facilitating farmers sharing equipment – helping offset low income levels. While the idea has merit, it will fall short in addressing the recent announcement by the USDA that 2015 net farm income will be over 50 percent less than in 2013. Large pieces of equipment, like combines, are often used only 20 to 30 days a year. New combines can range in…

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