Investing in Midwest farmland is an investment in the “bread basket of the world”. Iowa contains some of the most fertile farmland in the world and is used to produce a variety of crops including corn and soybeans that are applied in the processing and manufacturing of food, fuel and fiber.
According to the United Nations Food and Agriculture Organization, the world population is expected to grow from 7 billion to 9.7 billion by the year 2050 which will increase agriculture demand by 50% when compared to 2013. In addition, two-thirds of the population will live in urban areas and there will be a growing increase in the demand for food. Income growth in low- and middle-income countries will support the increased consumption of meat products requiring additional livestock feed generated from corn and soybeans. These and other trends, such as the per-capita growth in gross domestic product, will continue to be key drivers of farmland values and commodity prices.
Contact us if you need any assistance in locating high quality farmland in the northwest Iowa area.