Investorideas.com  big ideas for global investors Search www.investorideas.com
   Member Access       Sign-up       Newsfeeds        Companies        Stock Directories       Research       Video       Funding   




New Report: Wall Street Banks Eye American Farmland, Threaten Future of U.S. Agriculture

Ideas get bigger when you share them...

Oakland, Calif. - February 18, 2014 (Investorideas.com Water Stocks Newswire) The wolves of Wall Street are eyeing millions of acres of U.S. farmland that will soon come up for sale, much of which has been in the hands of family farmers for generations, according to Down on the Farm, a new study from The Oakland Institute.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

"Institutional investors -- including hedge funds, private equity, pension funds, and university endowments -- have trained their sights on America's agricultural infrastructure," said Lukas Ross, an Oakland Institute Fellow and author of the report. "If they succeed in consolidating control over our land and infrastructure, this new class of land barons could imperil our nation's food supply."

Investors are increasingly interested in capitalizing on the run-up in the value of private-equity assets. So they're lining up to purchase some 400 million acres that will become available over the next two decades. That's half of all U.S. farmland.

These would-be owners see $1.8 trillion in land that could be exploited for industrial farming as well as fracking and fossil-fuel production. But their pursuit of a quick buck is driving land prices up, imperils farmers' economic future, the viability of the farm and rural economy, and jeopardizes the long-term health of the land.

Relying on material from the Freedom of Information Act, the report exposes shocking details of unsafe and environmentally irresponsible practices of absentee investor-owners -- as well as legal battles over major labor violations.

Down on the Farm also profiles several farmers who are struggling to get or hold onto land of their own, thanks in part to the Wall-Street-driven run-up in farmland prices.

Initiatives like the Agrarian Trust and California FarmLink are providing critical support to U.S. farmers. But more must be done.

"We must act to ensure that farmers -- not non-operational owners with decidedly less noble intentions -- remain in control of our nation's farmland," said Anuradha Mittal, Executive Director of the Oakland Institute. "If we don't, America's agricultural heritage -- not to mention our ability to produce enough food to feed our people -- could disintegrate."

For more information or to schedule an interview with Anuradha Mittal, please contact Kristen Thomaselli at (202) 471-4228 ext. 101 or kristen@keybridge.biz.

Download the new report here: http://www.oaklandinstitute.org/down-on-the-farm

The Oakland Institute is an independent policy think tank whose mission is to increase public participation and promote fair debate on critical social, economic and environmental issues (www.oaklandinstitute.org).

MEDIA CONTACT:

Kristen Thomaselli
(202) 471-4228 ext. 101
kristen@keybridge.biz

More Info:

This news is published on the Investorideas.com Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get free news alerts: Sign up here

Published at the Investorideas.com Newswire - Big ideas for Global Investors

Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.



Free News Alerts
Email:  





TOP

Investor Ideas © 2000 - 2014 InvestorIdeas.com®, ECON

Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |