Investment options in land amid an uncertain U.S. and world economic outlook will be the theme for seven influential speakers at the Land Investment Expo on January 18 in West Des Moines, Iowa. A lineup of recognized experts in land ownership headed by international investor and hedge fund manager Jim Rogers will appear at the sixth annual event hosted by Iowa-based land specialists Peoples Company.
The daylong program from 8 a.m. to 5 p.m. at the Sheraton West Des Moines Hotel will consider whether land values can sustain their steep upward trend.
After starting his week with a January 13 speech in Riyadh, Saudi Arabia, the Singapore-based Rogers will come to the heart of U.S. farm country Jan. 17 and 18 for one of his first appearances since he wrote "Street Smarts: Adventures On The Road And In The Markets." In an advance copy of his latest book, to be published February 5, the "Hot Commodities" author argues that tomorrow's economy will be driven not by the finance industry, but by those who make things--food, energy, goods and consumables.
Get update on agricultural land investment and the supply-demand situation
Rogers offers often surprising observations on how the world works and what trends he sees in the future in "Street Smarts." His Iowa remarks will give Land Investment Expo attendees a 2013 update of his take on agricultural investment and the basic supply-demand equation. A frequent guest on business news channel CNBC and a well-known commodities bull, Rogers has noted skyrocketing potential in the fact that agricultural consumption has outpaced production for more than a decade, while the number of farmers worldwide producing food continues to drop.
A pre-expo seminar and meet-and-greet on January 17 will offer exclusive access to Rogers and other top minds in the agricultural economy, including institutional investor Stephen Kenney of Hancock Agricultural Investment Group and Susan Payne, South Africa-based CEO of EmVest Asset Management.
Besides Rogers, HAIG's Kenney and EmVest's Payne, guest speakers at the 2013 Land Investment Expo the following day, will include:
• David Kohl, professor emeritus of agricultural finance and small business management at Virginia Tech;
• Barry Flinchbaugh, Kansas State University ag economics professor and bipartisan ag policy adviser;
• Simon Atkins, climate risk economist, commodity yield expert and CEO of Advanced Forecasting Corp. of Billings, Mont.; and
• Mark Dotzour of the Real Estate Center at Texas A&M University.~~~PAGE_BREAK_HERE~~~
Morning and afternoon breakout sessions will offer 10 broad-spectrum perspectives on emerging land markets, asset classes and investment opportunities. Alternating exhibitor sessions will give further opportunities to learn about real estate investing and agribusiness, as well as time to network with investors, farmers and owners in the Midwest and beyond.
Collectively, program viewpoints will weigh prospects for a continued run in land as a solid investment. Though a trio of recent surveys pegged the value of Iowa farmland at a historical high, emerging concerns such as continued drought, changing tax laws and commodity price volatility make the outlook uncertain.
Continued drought, changes in tax laws and commodity price volatility make the outlook uncertain
The annual Land Investment Expo for individuals and institutions is the signature event for Peoples Company, a technology- and marketing-savvy real estate firm that has harnessed rising farmland values and generational shifts in farming to become one of the fastest growing businesses in the Midwest. Among the past five years' sellout crowds, Peoples Company president Steve Bruere has seen growing presence from REITS, hedge funds and pension funds alongside the core of land developers, investors and farm operators.
"Farmland has become the darling of Wall Street investors," says Bruere, past president of the Iowa chapter of the Realtors Land Institute. "This event provides an opportunity for investors around the world to connect with Midwest farmers and landowners, and learn about this asset class."
The 2013 Land Investment Expo on Jan. 18 will begin with registration and the opening exhibitor session at 7 a.m., and will end with a social hour and closing exhibitor session until 6:30 p.m. Event sponsors are Peoples Company, Farm Credit Services of America, Russell Consulting Group, Davis Brown Law Firm, McClure Engineering Co., Prairie Brand Seed, The Land Report, IPE 1031 and Diligent Development. More information is available at the expo's website or 855-800-LAND (5263).
About Peoples Company: Peoples Company is an innovative and results-oriented real estate firm specializing in land brokerage, land auctions, land management, land valuation, land development and crop insurance. The Land Investment Expo is the cornerstone of Peoples Company's aggressive marketing tactics and land sales efforts in Iowa, Missouri, Illinois, Minnesota, Nebraska and Montana. The growing company, which recently added a Separate Account Land Management program as part of its new approach to whole farm asset management, continues to recognize the need to connect investors and farm operators across the Midwest. More information about Peoples Company may be found at its website.