Agro Sector Ideas

[gfp927z]

>> LAND <<


Yes, and a big move (30%) since Oct. Normally that would suggest near term overbought, but with inflation taking off and investors looking for alternatives to stocks/bonds, who knows. Farmland seems like a great place to be all things considered. Bill Gates reportedly has mega holdings in US farmland, so probably a good idea for us small fry also.

I had some LAND a couple times recently, but being a nervous nellie I didn't hold it very long. Fwiw, I'm working on a new strategy for the higher risk/reward portion of the portfolio, one that will hopefully ameliorate enough of the emotional angst to allow long term buy/hold to prevail :o)

Thinking about farmland, my mom's relatives had a 240 acre farm in Illinois which was sold in the early 1990s, and looks like the current price of that land would be ~ 4 x higher.