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EScroogeJr (< 20)

Does any company own farmland?

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February 25, 2008 – Comments (3)

Just wasted a whole hour browsing through the list of agricultural companies. It was a total waste of time. All these companies are in processing and distribution business. None of them owns any farmland. In the very best case, they're 90% in processing and 10% in production..  If they produce anything at all, the land is leased. If they own land, it's non-agricultural. If they own an acre of farmland, they're in land management business, having bought land only to improve and resell it.

I feel myself cheated.  What, is all farmland owned by privates, and my only option is to buy some stupid food processing factory? Where is the access to the real value?

 

3 Comments – Post Your Own

#1) On February 25, 2008 at 10:26 PM, ajm101 (31.84) wrote:

Cresud (CRESY), but the land is in Argentina.

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#2) On February 25, 2008 at 11:28 PM, EScroogeJr (< 20) wrote:

Yes, CRESY is one of my top holdings, but I want land is Kanzas!

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#3) On February 26, 2008 at 1:56 AM, DemonDoug (80.85) wrote:

with RE being the way it is, you can probably just go there and buy it escrooge. :)

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