Calgary, Canada, December 01, 2011 --(PR.com
)-- The United Nations ("UN") has completed a global assessment of the planet’s land resources and concluded that a quarter of all land is heavily degraded. Agcapita's data indicates up to 25 million acres of arable land are lost each year to soil erosion, drought and urbanisation.
The UN warns that this trend must be reversed if the food requirements of the world’s expanding population are to be met. The Food and Agriculture Organization ("FAO") estimates that farmers will have to produce 70% more food by 2050 to feed the predicted global population of 9 billion. In more concrete terms, this incremental change amounts to an additional 1 billion tons of wheat, rice and other cereals and 200 million tons of livestock protein.
Loss of arable land and growing food requirements are a cornerstone of the Agcapita Farmland Fund investment premise.
Agcapita Farmland Fund III is currently raising $20 million via a RRSP eligible offering with a minimum investment of $5,000. Agcapita Farmland Fund III is open to investors in BC, Alberta, Saskatchewan, Manitoba and Ontario. Investors outside of Ontario do not have to be accredited. Agcapita Farmland Fund is part of a family of funds with over $100 million in assets under management and is the only RRSP eligible farmland fund in Canada.