Half of US farmland being eyed by private equity

by Carey L Biron

Industry analysts say the institutional share of US farmland ownership is rising quickly. Photo: Bigstock

WASHINGTON, Feb 19 2014 (IPS) – An estimated 400 million acres of farmland in the United States will likely change hands over the coming two decades as older farmers retire, even as new evidence indicates this land is being strongly pursued by private equity investors.