Why Invest in Farmland?

"It's the only thing that lasts."
Ted Turner quoting Gone with the Wind

Farmland is an attractive long-term investment that offers current income, capital appreciation, an inflation hedge and favorable diversification that is negatively correlated with traditional asset classes. In fact, since the end of WWII farmland in the United States has experienced a steady rise in value for every year except four (1983, ’85-’87). Most investors have experienced wrenching declines in the value of their portfolios lately, but those with an allocation to agriculture benefited from less volatility and positive returns to offset losses from the other asset classes.