Buy A Farm

One of the biggest items in the news this week is the price of food. It has been going up. Actually it has been both going up and in the news for quite a while now. This latest action in Egypt is just the tip of the iceberg.

Many 3rd world countries are attempting to stockpile food in an attempt to keep their citizens from starving this year, and possibly next year as well. By stockpiling they are in effect helping to drive up the cost of food, in a supply and demand way.

For those of us here in the IS, we have started to see our prices of food go up a bit the last year, but will see much bigger increases this year, especially as the price of gas continues upward. A huge percentage of our food comes from within the US, but a growing amount is coming to us from Mexico and other countries.

One of the side effects of food prices going up, the the increase of "farmable" land prices. Yes, farms are once again getting to be more valuable. In my area the raw land, with more than a few acres is the only real estate increasing in value. Other areas around this country are reporting the same.

I submit that one of the best investments we can all make right now is to buy farm land and lease it to a knowledgeable farmer.