agribusinessreview.comDECEMBER 20246EDITORIALLayla HawkinsManaging Editoreditor@agribusinessreview.comEDITORIAL STAFFAva GarciaDavies MedowsJohnson Heller Joshua Parkersales@agribusinessreview.comeditor@agribusinessreview.commarketing@agribusinessreview.comEmailVISUALIZERAsher BlakeDisclaimer: * Some of the Insights are based on our interviews with CIOs and CXOsMANAGING EDITORLayla Hawkins Agri Business Review Visit www.agribusinessreview.comCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DECEMBER - 18 - 2024, Vol - 04, Issue - 24 (ISSN 2832-3335) Published by ValleyMedia, Inc. TO SUBSCRIBE TOVian IsaacThe New Face of Agri Real EstateThe agricultural real estate sector has undergone significant transformation, influenced by economic, technological, and environmental factors. As land values surge and investor interest grows, the dynamics of this market are evolving, shaping new opportunities and challenges for stakeholders. With a record increase in farm real estate values and a notable shift towards more sustainable and technologically advanced practices, the landscape of agricultural real estate is becoming increasingly competitive and lucrative. Farm real estate values in the United States have increased by about forty percent in the past decade, with a record 12 percent growth in 2022. Factors driving this surge include rising demand for high-value crops, increasing commodity prices, and urban development. Government initiatives like the Conservation Reserve Program have also encouraged landowners to retire environmentally vulnerable properties.Agricultural technology breakthroughs like precision farming and sustainable practices increase the productivity and value of land. These developments are expanding the market and drawing in additional investors. Another noteworthy development is agricultural consolidation, as bigger agribusinesses buy up smaller farms to obtain economies of scale. The market environment is changing due to this consolidation, becoming more competitive and capital-intensive. The increasing profitability and demand for agricultural real estate are reflected in the growth in cash rentals, which have climbed by as much as 7.7 percent across different types of farms. The U.S. agricultural real estate market is changing due to these factors, becoming a dynamic and evolving industry with growing market size and investment prospects.In this edition of Agri Business Review, we explore the sector's recent developments and how companies harness cutting-edge technologies to offer top-notch services. We feature insights from industry expert Robert King, Executive Vice President, Crop Protection at Corteva Agriscience who emphasizes how six sigma boosts agricultural efficiency by eliminating inefficiencies, reducing waste, optimizing resources, and promoting data-driven decisions for better asset utilization..We also feature Riaz Ahamadeen, VP of Quality/Food Safety & Regulatory for North America of Oatly who discusses how ensuring food safety requires senior management commitment, effective HACCP plans, strong food safety culture, adherence to standards, technology, and continuous improvement. In this edition, featuring the Top Agriculture Real Estate Services Providers 2024, we aim to help you find the right partner for your business requirements.Let us know your thoughts!
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