Home > Economy > Why the Food Market Will Be the Next Bubble to Burst | AlterNet

Why the Food Market Will Be the Next Bubble to Burst | AlterNet

Private investment firms are betting on hunger, and their reasoning, unfortunately, is sound.

Residential real estate may be slumping, but ag land is booming. In Iowa, farmland prices have never been higher, having increased a whopping 34 percent in the past year, according to The Des Moines Register. The boom is driven in part by agribusiness expansion, but also by a new player in the agriculture game: private investment firms. Both are bidding up land values for the same reason: the price of food.

Read more here: Why the Food Market Will Be the Next Bubble to Burst | | AlterNet.

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