Institutions used to dig agriculture. They saw it as an inflation hedge. Real asset managers hitched their wagons to the farmland market. However, inflation stayed low to non-existent between 2010 and 2020. Returns underwhelmed. And the asset class fell out of favor. Now inflation is roaring at historic levels. Farmland, not surprisingly, is getting another look. Only this time around, interest is coming from a new crop of sophisticated investors.
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