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Down (and betting) on the farm
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Down (and betting) on the farm
In another development that signals the financial viability of investing in agriculture, a Western Canadian investor is pointing to the demand for increasing on-farm efficiency through farm machinery as a safe haven for those looking to invest their money wisely.
April 22, 2009 By Cheryl Devoe Kim | Globe and Mail
April 20, 2009 – Population growth has strained worldwide grain stocks, the rise in ethanol production has created a new competing market for corn and the development of Third World countries has led to higher demand for meat.
It is all forcing farmers to be more efficient and that's providing opportunities for investors.
"What this all means is that the use of technology in farming is becoming that much more important," said Brian Pow, vice-president of research at Acumen Capital Partners in Calgary. | READ MORE
