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The National Agricultural Library is one of four national libraries of the United States, with locations in Beltsville, Maryland and Washington, D.C. It houses one of the world's largest and most accessible agricultural information collections and serves as the nexus for a national network of state land-grant and U.S. Department of Agriculture field libraries. In fiscal year 2011 (Oct 2010 through Sept 2011) NAL delivered more than 100 million direct customer service transactions.

Journal Article

Artículo de revista

‘Like gold with yield’: evolving intersections between farmland and finance  [2014]

Fairbairn, Madeleine;

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Since 2007, capital markets have acquired a newfound interest in agricultural land as a portfolio investment. This phenomenon is examined through the theoretical lens of financialization. On the surface the trend resembles a sort of financialization in reverse – many new investments involve agricultural production in addition to land ownership. Farmland also fits well into current financial discourses, which emphasize getting the right kind of exposure to long-term agricultural trends and ‘value investing’ in genuinely productive companies. However, capital markets' current affinity for farmland also represents significant continuity with the financialization era, particularly in the treatment of land as a financial asset. Capital gains are central to current farmland investments, both as a source of inflation hedging growth and of potentially large speculative profits. New types of farmland investment management organizations (FIMOs) are emerging, including from among large farmland operators that formerly valued land primarily as a productive asset. Finally, the first tentative steps toward the securitization of farmland demonstrate the potential for a much more complete financialization of farmland in the future.

Publicación

Journal of peasant studies
ISSN : 1743-9361

Información bibliográfica

Idioma:
English
Tipo:
Journal Article
En AGRIS desde:
2016
Volumen:
41
Edición:
5
Página inicial:
777
Página final:
795
Editorial:
Routledge
Todos los títulos:
"‘Like gold with yield’: evolving intersections between farmland and finance"@eng
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Información bibliográfica

Idioma:
English
Tipo:
Journal Article
En AGRIS desde:
2016
Volumen:
41
Edición:
5
Página inicial:
777
Página final:
795
Editorial:
Routledge
Todos los títulos:
"‘Like gold with yield’: evolving intersections between farmland and finance"@eng