The best farmland opportunity may not be a few miles down the road. It may be a continent away in Brazil. There are multiple avenues for appreciation that are unique to Brazilian farmland,” says Justin Kirchhoff, investment development manager at Summit Agricultural Group. This is why Summit Agricultural Group, an Iowa-based agricultural investment and farm management company, has invested in a 10,000-acre farm and a 50-million-gallon-per-year corn ethanol plant in Mato Grosso, Brazil. As the investment company has learned, these opportunities do not come without challenges, which is why they stress significant due diligence with input from local experts before making investments in Brazil. The ability to double crop is what fundamentally separates Brazil’s cropland from many other countries. “In September, Brazilians can plant the first crop of soybeans, which will be harvested in January or February. Then they go back and immediately plant corn... ** Click to read more **
