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> It also confirms what I have always said..most of our food and farmland is controlled by sovereign wealth funds, insurance companies, pension funds, unions an
by driverdan 6y ago
> It also confirms what I have always said..most of our food and farmland is controlled by sovereign wealth funds, insurance companies, pension funds, unions and institutional investment.
Does it though? Based on a post above yours he owns less than 0.1% of US farmland. That means ownership is not concentrated. It seems to be much like the logistics / trucking industry. There is no concentration of power.
- bluGill 6y agoIn Iowa there are laws against corporate farms (I think this means publicly traded, but I'm not sure exactly what). They have loopholes so that seed companies can grow seed (but nothing else), and other companies can test their farm equipment. John Deere employee, but not speaking for my employer.
- srveale 6y agoSure, it's not really monopolistic, but there's definitely a trend towards concentration. Think about the number of unique farmland owners as a percentage of population, compared to 50, 100, or 200 years ago.
- missedthecue 6y agoLooking at it the other way around, I'd much rather be a farmer in 2020 than 1920 or 1820. You'd earn much more.