For many investors, farmland was not on the radar as an investable asset class until earlier this year, when it was revealed that the largest owners of US farmland were none other than Bill and Melinda Gates.
Many were speculating about Gates’ motivation for the acquisitions – was it part of his larger sustainability strategy? As it happens, Gates says these investments are, in fact, not connected to climate. This might have surprised some – even the most savvy investors. But to those familiar with farmland, it’s easy to see why this asset class is so attractive for investors.