I look at food and ag near and long term future as a bit like surfing. There's a lot of big big waves coming down the ocean, and It's not going to be for everybody. Because the only constant is going to be change, and I also think change is going to change. Things are going to change more and faster than ever before... For example, growing up in Polo, Illinois, I barely knew what a kiwi was, now I expect to get a fresh, organic, fair trade one in February in Illinois.
My point is this, registrations for the 1031 session at The 2012 The Chicago Farmer's Investment Fair are brisk.( www.chicagofarmers.org) So are the numbers for the drainage session and for international investing, grass fed beef, value added and the business case for local and organic.
This tells me, I think other people get that we're going to be in for a wild wild ride in food and ag. There are a lot of factors in the mix: Increasing demand for new products, uncertain supplies, volatile demand and supply curves, demands for organic and local, uncertain labor on the fruit/vegetable and animal ag side, and did I forget to mention, nobody really knows when or if the farmland bubble will burst.. Or if there even is a bubble, maybe this is the new normal.
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