Farmland draws investor interest with worldwide inflation running hot
The inflation wave that’s sweeping through the global economy is playing into an investment niche that a small group of people in finance have spent years developing: farmland. Agricultural land has become attractive to institutional investors and wealthy families in recent years because returns tend to be stable and weakly correlated with other asset classes, according to Purdue University agricultural economist Todd Kuethe. More investors are now seeking it out as a potential hedge against inflation,…