And now, the investor farmer
By Mark Green
Farmland investing, an asset-diversification strategy pitched as a hedge against inflation, is testing the ground in Kentucky. Well established in U.S. grain belt states such as Iowa, it’s a financial product that meshes with the agribusiness trend of consolidating farm parcels and row-crop operations into larger units for more efficiency and profitability.
One Bluegrass-based agriculture land investment operation was launched two years ago and in September bought its fourth Central Kentucky farm. Another commonwealth financial adviser is among the principals in a Nashville-based partnership that closed its initial $7 million farmland investment fund in October….
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