Today, there are more than seven billion people in the world. It is estimated that by the year 2050, there will be more than nine billion people.
It’s also been predicted that 90 per cent of existing arable land will be used to produce as much as 70 per cent more food to accommodate this growth. This will invariably raise the value of global farmland.
Simple economics suggest that if demand increases while holding supply constant, prices will rise. That means increased demand for food and constraints on arable land will lead to appreciating farmland values.
Five thousand Acres of Farmland for Investors
Five thousand acres of land which can be used for setting up any kind of manufacturing or plantation (agriculture) in Katema, Eastern Province, Sierra Leone.
The value of farmland has risen steadily over the past 5 years and the race is on to gather up arable land – either to farm it or for development.
Several factors are driving increasing farm values:
-Interest rates are at record lows
-Better crop yields
-High prices for commodities such as soy beans, canola, and corn
-Growing demand for food in the Third WorldThanks to better crops and technology, farmers can now produce more and manage larger farms with less effort. When neighboring farms come up for sale, many farmers are snapping them up to create larger, more efficient and productive farms.
ECBH HAS SECURED THIS LAND IN SIERRA LEONE FOR ANY POTENTIAL INVESTOR
