Good Advice: Invest in farmland

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Last night on TheBlaze TV, Jim Rogers gave a pretty bleak outlook on future of the U.S. economy. But there was a bright light for one small (and shrinking) portion of the population: the American farmer.

This morning, after recapping the plans the President laid out in his SOTU on Tuesday — spend, spend, and spend — Glenn spoke to his listeners about what the future looks like to him and one of the best investments he thinks Americans should consider looking into.

“What’s the best investment you can make?” Glenn asked.

Glenn has talked about how he invests his money for years, always reminding his audience that what’s best for him may not be right for you and your family. Among these investments is gold. But for the average family, the window on buy gold has closed. The price has risen well over 300% is the last five to ten years. But this morning, gold wasn’t the commodity Glenn was focused on.

“I’ve told you for awhile that there were going to be food shortages. I’ve told you that food prices are going to go through the roof. I’ve told you that the average age of a farmer worldwide is 58. In ten years from now they’re going to be nearing 70,” he explained. “Who’s replacing them? Who’s studying farming?”

The answer is, not near as many people as the industry will probably need.

Most agricultural studies are focusing more on the environment than they are crop production.

“Who’s going out and saying, ‘Yeah, I need to learn about the soil because I’m going to be a farmer.  I’m going to own my own tractor and I’m going to start my own farm.’  Who does that?” Glenn asked. ”Who grows up in a farming family and says, ‘This is the life for me’?  The Amish?  And who else?”

Glenn and Jim Rogers discussed the direction of agriculture yesterday on radio:

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“So who does it? Nobody. Nobody’s doing it,” Glenn said. “The real growth, if you are somebody who’s thinking about going to college and you don’t know what to do, go into farm studies.”

If what Glenn’s believes is going to happen to our currency does happen, the Wall Streeters of the next generation — maybe even of this generation — are going to be in a world of hurt.

“The farmers will be the ones who control the world,” Glenn explained.

There is an article on TheBlaze.com right now that lays out what exactly is happening with the price of farmland in the U.S. It’s clear why Glenn is encouraging more people to look into farming and farmland.

“Farm income and land values were boosted by high crop prices and high crop insurance payments. In North and South Dakota, land lease revenue increased thanks to the region’s energy deposits,” Business Insider notes.

“Bankers in the Corn Belt and Central Plains reported strong annual increases.  Meanwhile in Texas, where growing conditions were poor, farmland values increased a modest 2.6 percent year-over-year,” the report adds.
And that’s not all: For the remainder of FY2013, analysts expect farmland values to grow — and grow some more.

The report from TheBlaze explains that non-irrigated cropland in the United States is skyrocketing in value: Monatana is up 10%; Wyoming, Colorado, northern New Mexico, 18%; North Dakota, 30%; South Dakota, 30%; Nebraska, 30%; Kansas, 22%; Oklahoma 12%; Western Missouri, 22%; Iowa, 18%; Minnesota, 26.9%; Northern Illinois, 15%.; Northern Louisiana, 15%; Southern Wisconsin, 8%; Northern Indiana, 11%; and Texas farmland, 2.6%.

Glenn emphasized, “do not listen to me for investment advice, but also don’t listen to anybody who refuses to think out of the box.”

He reminded his audience that the people involved in investments they’re making — retirement or otherwise — makes money by managing your stuff. They’re incentivized to keep your money where it is. And while the stock market may go up, it’s built on sand. At some point, because the value of the dollar is going down, you’re going to pull your money out and it’s not going to hold real value.

“I’d rather be able to grow my own food, thank you very much,” Glenn said. ”It’s not for everybody but, boy, there’s a great story on TheBlaze.com now on farmland.  What is happening with farmland?”

  • http://www.artinphoenix.com/gallery/grimm snowleopard (cat folk gallery)

    What about those of us who cannot invest in farmland? What choices are we left with?

  • http://www.artinphoenix.com/gallery/grimm snowleopard (cat folk gallery)

    What about those of us who cannot invest in farmland? What choices are we left with?

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    We are screwed because I am in the same boat friend. Maybe if we give our time to a farm.

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    Don’t waste your time with farm collage because they been liberalized just go to the framer and ask if he or she is willing to train you.

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    Don’t waste your time with farm collage because they been liberalized just go to the framer and ask if he or she is willing to train you.

  • Draxx

    I am in a Farming Community/Group, we all work on our own businesses supplying ourselves/each other Food/Machinery/Energy Products.  I have been looking for over 15 years to find a place like this and I have been involved/living here since 2011, and I do not want to leave (EVER)… 

    I hope others can find communities (without being Communist on one extreme or Quakers on the other side of the spectrum).  I am going to keep living and working here developing Self-Sufficiency Products to help others attain some independence!

  • Draxx

    I am in a Farming Community/Group, we all work on our own businesses supplying ourselves/each other Food/Machinery/Energy Products.  I have been looking for over 15 years to find a place like this and I have been involved/living here since 2011, and I do not want to leave (EVER)… 

    I hope others can find communities (without being Communist on one extreme or Quakers on the other side of the spectrum).  I am going to keep living and working here developing Self-Sufficiency Products to help others attain some independence!

  • landofaahs

    It’s good advice as long as you realize you can’t move land and the way we are going in this country, I would not be surprised if the govt did not confiscate it in the future.  But it is good as an investment and even in foreign countries which come with their own riscks.  But the start up costs are massive.

  • landofaahs

    It’s good advice as long as you realize you can’t move land and the way we are going in this country, I would not be surprised if the govt did not confiscate it in the future.  But it is good as an investment and even in foreign countries which come with their own riscks.  But the start up costs are massive.

  • http://www.artinphoenix.com/gallery/grimm snowleopard (cat folk gallery)

    Something I am looking into is a farming process used in many third world nations, and in lands such as Japan where space is incredibly limited.

    It’s called square-foot gardening, and from what I am seeing, it could make a difference for us city-stuck to survive, assuming the Fed’s just don’t up and outlaw such matters.

  • http://www.artinphoenix.com/gallery/grimm snowleopard (cat folk gallery)

    Something I am looking into is a farming process used in many third world nations, and in lands such as Japan where space is incredibly limited.

    It’s called square-foot gardening, and from what I am seeing, it could make a difference for us city-stuck to survive, assuming the Fed’s just don’t up and outlaw such matters.

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    Years ago I seen someone trying to get that very thing done but knowing liberals they will find a way to shut it down. Whether to protect the pigeon or a two inch fish I am glad I live in a farming community where people can live free and we take care of each other out here. If I were you I would try to find any way out of there. It will not be safe for you if Obama gets what he wants and we will be the first people they come for.

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    Years ago I seen someone trying to get that very thing done but knowing liberals they will find a way to shut it down. Whether to protect the pigeon or a two inch fish I am glad I live in a farming community where people can live free and we take care of each other out here. If I were you I would try to find any way out of there. It will not be safe for you if Obama gets what he wants and we will be the first people they come for.

  • http://pulse.yahoo.com/_BGC7U7QUFEWSSV3H4IFHLAFK54 mudslide

    I have a few acres but you’d be lucky to grow rocks on it!  :0)

  • Anonymous

    You skipped MS. In 15 years I have seen acreage in my area increase from $1000.00 acre to over 2000.00 acre and some of this is really swamp after every rain.

  • Anonymous

    How about the water. You had better have an untouchable well or a river running thru it that cannot be stopped by the government. Unless the path we are on changes, large tracts of farmland will either be overtaxed, confiscated or controlled by the feds. You know, the common good and all that. And investing in food, toilet paper, everyday needs is most important right now. Just in case.

  • http://www.artinphoenix.com/gallery/grimm snowleopard (cat folk gallery)

    Not much chance of that happening for me, too many family I have to help. Come what may it looks like I will be in the worst part of the storm, should all hades break loose under Obama.

    One thing I have come to wonder about is if Obama is seeking to end-game the nation just as a new Republican President comes into power next time around?

  • http://pulse.yahoo.com/_HSJULSAVFJIJYR6PCTCUPMNXRA Take 2

    The Government in Russia etc., (soon America) own all surface & underground rights. This time they must take over your dirt verses gold. Good luck thinking that tea and or farming is free of a Communist State, i.e. Cap &Trade i.e. Global Order State.    

  • Anonymous

    I did some gardening for a while back in the 70′s and then got away from it.  A friend of mine back then found something called French Intensive Gardening (I think that’s right) and he provided vegetables for himself and four or five families around him from an 8′ X 8′ plot.

    I’m looking at energy harvesting at the moment and if I get that worked out will probably get back into gardening. I’ve got my seed stock in case I need it and if it doesn’t come to that I can always get into gardening as a hobby again. There is something very theraputic about digging around in the dirt with your hands.

  • mspatdev

    There is a lot of lazy people in the USA that expects the government to take care of them, including the FAR-LEFT LIBERAL MEDIA. They ought to go out and work these farms with the land the government owns in all of the states. There is water in a lot of the areas.  They can provide a lot of food for all of us. Since we are going into a Communist government, that probably won’t work. We have a great nation and why Obammy and the FAR-LEFT LIBERAL wants to destroy it is beyond me and others.  MAY GOD ALWAYS BLESS THIS GREAT NATION.

  • Anonymous

    i have always said that is what the world is missing…we need farm lands again…that would be the best thing for families today…to get up with the sun go down with the sun..and actually work for your food…thats the discipline the kids need today…

  • Anonymous

    are you growing your own organic vegetables? check out http://gardenfreshfilter.com

  • Anonymous

    The  above quote from the article, “Farm income and land values were boosted by high crop prices and high crop insurance payments” totally misses the point.

    I’m in production agriculture and the driving force in farm prices is America’s elite.  Ted Turner has been replaced as this nation’s largest landowner by his friend, John Malone who recently added to his holdings by purchasing the 290,000 acre Bell ranch in New Mexico.

    Sports mogul Stan Kroenke (Denver Nuggets, St. Louis Rams, English Premier Soccer league, Arsenal) owns Canada’s largest ranch and last fall purchased the historic 124,000 acre Broken O Ranch in Montana.

    This story is going on all over the west and midwest.  We’ve had hunters from Kansas who farm.  They tell us that farmland in their state is likewise being purchased by the uber- wealthy.

    We recently sold a ranch to eliminate our debt and are in the process of doing a 1031 exchange into another ranch with the remaining proceeds.  I find that as I look at property, I am the only one looking who actually ranches for a living.

    What this tells me is that America’s smart money no longer has faith in the economy and paper assets.  They are looking to move their wealth into hard assets–land. 

  • Anonymous

    Here is something ya`ll might want to look into if you live in the city or even out in the country. you don`t need alot of space or a huge amount of money. Aquaponics.Thats right it`s a cross between hydroponics and growing fish . Basicly you feed your fish and they create the nutrients for the plants and as the water cycles through the plants it cleans the water for the fish.You can eat both the fish and the plants.Do your homework and decide for yourselves if it is right for your situation.There are bonuses with this system too. what you feed your fish also makes good fertilizer for a regular garden.Hope this helps. God Bless…

  • Anonymous

    We live on some land in Texas and I am going to start buying seed and possibly start from scratch myself.  I guess that is the only way we will survive while Obama and the people in Washington live off our money (high on the hog) you might say.  They certainly won’t care if the people in America are fed or not – as long has they have enough money to maintain their certain life style.   I don’t know about anyone else, but I am certainly fed up with it. 

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    Most likely.

  • Kingscairn

    Here’s my take.
    The kids that don’t leave the family farm for $big shot careers$ will have to sell most if not all of the Family Farm to pay the ‘rigged’ “estate Inheritance taxes” owed when Pop dies.
    That leaves farmland going to the ‘Government and Big Agribusiness’..
    Big Ag (Ethanol) is under the thumb of the Governments version of the Pinkertons – the EPA- who tells you what you can and can’t do with your land !
    ‘For survival’, Big Ag & Little Ag.will work with the Govt. creating an unholy alliance with total control.
     Stalin would be proud and Kruschev was right and Moa’s children are at the gate !
     
     
     

  • Kingscairn

    Here’s my take.
    The kids that don’t leave the family farm for $big shot careers$ will have to sell most if not all of the Family Farm to pay the ‘rigged’ “estate Inheritance taxes” owed when Pop dies.
    That leaves farmland going to the ‘Government and Big Agribusiness’..
    Big Ag (Ethanol) is under the thumb of the Governments version of the Pinkertons – the EPA- who tells you what you can and can’t do with your land !
    ‘For survival’, Big Ag & Little Ag.will work with the Govt. creating an unholy alliance with total control.
    Stalin would be proud and Kruschev was right and Moa’s children are at the gate !

  • Kingscairn

    Be careful ! I remember Steve Gaskil and “The Farm” in Tennessee. I wasn’t a Farmey but some of my family was.
    They took in to many mouths, egos, moochers and politicos to survive and it crashed ..
    You have to be skill selective, efficient, practicle and above all realistic… If you’re out to save the world, you’ve lost focus !
    kiss !
     
     
     

  • Matt Driscoll

    Haha why in the hell would the “Feds” outlaw square-foot gardening? You are so paranoid and insane its awesome. Your comments are a great source of morning entertainment.

  • Matt Driscoll

    Haha. So college automatically means being “liberalized?’ That has to be the dumbest, most closed minded thing I have ever heard. “Durr I don’t trust them book learned folks. Too many of dem big words.” Come on man. Most major farming revolutions occured from educated, “farm collage” gradumated folks.

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    And they been liberalized my friend went to one of these farming collages and all the talk about was man made global warming and gay rights and nothing to do with farming. You tell me what does gay marriage and fake science has to do with running a farm.

  • Anonymous

    As my dad always said, You don’t get into farming unless you marry it or inherit it.  I have one son getting an ag business degree; very little of it is geared toward the producer but more toward those who will work for agricultural support corporations.  Would like to see Glenn interview a panel of farmers.  Most people think of farming as Farmer Brown driving his tractor with the wind in his hair and growing crops.  It is so much more than that and growing increasingly high tech.  Many farmers are managing multi-miilion organizations.   It isn’t Old McDonald had a farm anymore.

  • Draxx

    Good Advice…

    The Selection Process takes Months to Complete to make sure it is a good fit for Everyone Involved.  To be honest if they Do Not have anything of Value Via Skills and/or Vision then they do not become a part of the Community.  We try and Diversify Skill Sets & Businesses so that we don’t step on each others toes, and All Members/Associates Have to Contribute Something to the Group Effort (whether is it Donating Labor, Lending a hand [and get paid sometimes], Sharing/Discounting Products to Associates, Sharing Knowledge by teaching others, and it is only 15 hours a Month Commitment).  By working things out this way We Grow Together (and yes some people come and go away again usually those that try and mooch off others hard work), We Know that there is no perfect solution, but it is better to try and fail then to not try at all…

    Most importantly is we are not trying to Save the World (an impossible task with people like G. Soros) but live in Harmony With Others In a Small Community.  We share our Knowledge and Vision with Many Other People Offsite of the Farm and Help Them Gain Some Independence from the System.

  • Matt Driscoll

    HAHAHAHAHAHA Oh man you really need to come out of your close minded hole. Okay I am going to break this down to you real simple like. See farming relies on the weather. The stuff that comes from the sky is called rain. The bright orb in the sky is called the sun. Plants rely on rain for hydration and the sun for energy. That is a process called photosynthesis. See the thing is though too much water kills the plants as does too much sun. Now I know your really trying hard here to make the connection on how this relates to global warming. The thing is Sam global warming is happening whether you believe it or not. The shame here is you are too clouded with political bias and adgendas. You let your ignorant political leanings stand in the way of something that 90% of all scientist believe in. Now I know you think all scientist are all liberal hacks too but I honestly do not see you dedicating the majority of your life to studying climate change. The thing about science is that once a theory comes out all other scientist in that field attempt to disprove that theory. It happened with the Higgs Boson particle. Something was thought to have been discovered but it was then disproven. Now with climate change we have very obvious proof that something very serious is happening. Now I know your standard response. “The Earth has always gone through periods of warming and cooling.” Yes this is very true but the issue is the rate in which the Earth is heating. It is alarming. Do you know how the Dust Bowl became during the Great Depression?? It wasn’t because the mid-West goes through periods of arrid soil. That was man made. I understand you think that climate change is some political adgenda and in some cases it is a political adgenda but the reality is that this is science and it is happening whether you like it or not. Please stop being ignorant. The internet is a fabulous resource for things other than conservative nutjob, conspiracy theorist.

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    List of Scientists opposing the mainstream scientific assessment of global warming.
    http://en.wikipedia.org/wiki/List_of_scientists_opposing_the_mainstream_scientific_assessment_of_global_warming
    5O NASA Top Astronauts, Scientists, Engineers claims about global warming.
    http://notrickszone.com/2012/04/10/50-top-astronauts-scientists-engineers-sign-letter-claiming-giss-is-turning-nasa-into-a-laughing-stock/
    Then there was climate gate which should so called Scientists rewriting the data so that global warming was made of hundred times worse than it truly was.
    http://www.telegraph.co.uk/comment/columnists/christopherbooker/6679082/Climate-change-this-is-the-worst-scientific-scandal-of-our-generation.html
    The science is in your side is full of lairs and you did not answer the question of what does gay marriage have to do with farming.

  • Anonymous

    Farmers live poor and die rich. Most of the family farmers I know work part time jobs whenever they can so they can keep their payments current.

    They don’t want to be the generation who loses great-great grandpa’s treasure. They’ll pass it on to their kids, or die trying.

    Farm work is 7 days a week with no time off for holidays. Pigs gotta be fed and cows milked even on Christmas. Mucking out stalls gotta be done every day too.

    You’ve got a better chance getting killed doing farm work than all but a few other occupations.

    Farmers are natural communal people. You can’t ask for better neighbors. Everyone takes care of each other and shares labor and production because life is harsh in the country. Only in cities is it possible to live totally isolated. You can’t catch a runaway pig or fell a 100 tree all by yourself out on the farm.

    My neighbors watched their orchards go rotten last season because the migrant laborers didn’t show up when the apples got ripe. They lost two thirds of their annual income. City folk can’t do the work and don’t last a full day on the job. We all pitched in to help but there just aren’t enough of us and we’re all in the same boat.

    Farmland isn’t a good investment for non farmers. Farming is not for most people. Your money will do better spent on the lotto.

  • Guest

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  • Travis Simpson

    Sam – Having been raised on a farm and graduated from College, I can whole heartedly agree with you.  You don’t need a college education to learn how to farm.  You will be money ahead by far learning from a farmer themselves.  Mr. Driscoll is a condescending troll who knows jacksh_t about farming and even less about global warming.  Hang in there and do what you think is best.  Remember nothing can stop you if you are able to work hard and keep your dreams alive!  It’s not easy, but nothing worth while is.

  • Travis Simpson

    Mr. Driscoll – Your condescending manner takes away from any kind of message you are wishing to deliver.  I know you are trying to make yourself sound more intelligent, but all you are achieving with your negative manner is showing all of us what a total ass you are.  Mr. Fisher is correct in his view.  I am a college graduate and a product of being raised on a farm…I’ve personally lived both experiences and I am telling you from experience that Mr. Fisher is correct and that you are wrong.  I have a Bachelors of Science in Engineering and I can tell you that I’ve taken more science and analytical classes than you can imagine…the science behind the global warming issue is incorrect.  It is fabricated by guys like Al Gore in an attempt to make billions if not trillions of dollars on selling “carbon credits” which is the biggest load of whooee ever foisted on the world.  Gore also invested large amounts of money into the “carbon credit” scam.  You need to do your own thinking and investigation into this issue rather than just spew the Leftist agenda out and then call it science.  Nothing in the global warming movement is based on actual analytical science; that I can assure you of.

  • http://youtu.be/R7MC2wu49Cw Sam Fisher

    I would not have it any other way friend. I bet people like Matt never seen a farm let alone knows what goes on there. My Dad grew up on a farm and would tell me of the old days. It does not sound like a bad life.