Ben Gordon: Investing in Farmland - [Making Markets, EP.33]
Making Markets
Exploring the Influence of Technical Innovation and Climate Change on Farming
Innovation in farming, like the Green Revolution and biotechnology, has significantly increased productivity by enhancing the yield of crops through advancements such as drought-resistant corn. However, despite the technological improvements, the impact of climate change is a pertinent challenge. Climate change is already affecting farming productivity, with sensitive climates like Brazil facing potential yield losses due to extreme weather conditions. On the other hand, regions like the US, with resilient weather conditions and fertile soils, are in a more privileged position. Investing in farms that adopt resilient management practices to enhance soil health can result in valuable assets amid increasing demand and decreasing supply.
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