California Farming CEO Flags Investment Pitfalls, Urges Sustainable Focus

Date:

Dead almond trees lie in an open field after being removed due to a lack of water for irrigation, in Huron, a town in the drought-stricken Central Valley, Calif., on July 23, 2021. Robyn Beck/AFP via Getty ImagesCalifornia is the nation’s undisputed leader in agricultural production and a hotspot for institutional farmland investors. However, investing in farmland—especially in California—comes with many pitfalls, the CEO of a farming company recently warned, citing rising bankruptcies in recent years.He also called for sustainable investor behavior so the state can maintain its productivity and deliver long-term profits for investors.Farming PowerhouseThe Golden State produces about half of all the vegetables grown in the United States, and more than three-quarters of the nation’s fruits and nuts come from its sun-drenched soil, according to a report from the California Department of Food and Agriculture.

spot_imgspot_imgspot_img

Share post:

More like this
Related

A Guide to Finding the Best VA Mortgage Lender

Finding the right VA mortgage lender can help veterans...

Iran Says It Closed Strait of Hormuz Again Over US Blockade

A map shows the Strait of Hormuz, in this...

US Treasury Extends Russian Crude Waiver Amid Supply Disruptions

Panamanian-flagged ship Tiger Wings, carrying crude oil from Russia,...

Trump Says USIran Talks to Continue Over Weekend, Hints at Good News

President Donald Trump walks off Air Force One as...