What is Farm Land?
Agricultural land is typically land devoted to agriculture, the systematic and controlled use of other forms of life—particularly the rearing of livestock and production of crops—to produce food for humans.
It is generally synonymous with both farmland or cropland, as well as pasture or rangeland.
Farm Land Prices In South Africa
The average price for high-potential arable grain production land falls in the Western Cape is between R40 000/ ha and R50 000/ ha, Karoo grazing farms go for about R2 000/ ha, and irrigated farms go for between R150 000/ ha and R200 000/ha.
What is another word for farmland?
On this page, you can discover 22 synonyms, antonyms, idiomatic expressions, and related words for farmland, like cultivated land, pastureland, plowland, farming area, ploughland, grassland, pasture, woodland, moorland, and heathland.
Is it good to invest in farmland?
Usually, agricultural land is considered a good investment for high net-worth individuals and for those with surplus income. For salaried or self-employed individuals, living in cities, going through all this process will be time-consuming and tiresome.
Why are billionaires buying farmland?
Food prices have skyrocketed. Farmland owners benefit from this upswing. This makes it a highly effective inflation hedge — even better than most stocks and bonds. So it’s not a big surprise why billionaires have invested (heavily) in space in recent years.