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 Stories About: agriculture AND biofuels AND business AND economy AND energy AND ethanol
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Next market bubble: farmland!
Thanks to the ethanol boom, big investors are plowing cash into corn country |
Tom Philpott |
07 Feb 2008 |
Gristmill |
| Big investors seem to have forgotten how to exist without some sort of speculative bubble. In the last decade, they've whipped cash from tech stocks to bonds to emerging markets to real estate to junk mortgages. With the latter bubble now deflating rapidly, they've turned to ... Midwestern farmland? Yes, big cornfields. Here's a Chicago asset manager talking about who's buying up farmland, quoted in USA Today: It's everybody from the person concerned about the sto ... |
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| Topics: agriculture, biofuels, business, economy, energy, ethanol (all these topics) |
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