Can''t Afford Farmland? Here Are 2 Dividend Stocks Bill Gates Owns In The Agriculture Industry
Microsoft co-founder Bill Gates, and co-chair of the Bill and Melinda Gates Foundation, is the largest private owner of farmland in the United States with roughly 269,000 acres, across numerous states, accounting for 1% of the nation''s total farmland. On September 9, 2022, India banned the export of broken rice, which will most likely add to supply chain pressures, since India accounts for 40% of the global rice trade, per The Wall Street Journal. Furthermore, the Russia-Ukraine war adds another burden to global food supply chains, as the two countries are amongst the biggest exporters of grain. With a dwindling global food supply, here are two companies in the Bill and Melinda Gates Foundation portfolio that benefit from the purchases of farmland equipment. Caterpillar Inc (NYSE: CAT ) is … Full story available on Benzinga.com
Can''t Afford Farmland? Here Are 2 Dividend Stocks Bill Gates Owns In The Agriculture Industry
Microsoft co-founder Bill Gates, and co-chair of the Bill and Melinda Gates Foundation, is the largest private owner of farmland in the United States with roughly 269,000 acres, across numerous states, accounting for 1% of the nation''s total farmland. On September 9, 2022, India banned the export of broken rice, which will most likely add to supply chain pressures, since India accounts for 40% of the global rice trade, per The Wall Street Journal. Furthermore, the Russia-Ukraine war adds another burden to global food supply chains, as the two countries are amongst the biggest exporters of grain. With a dwindling global food supply, here are two companies in the Bill and Melinda Gates Foundation portfolio that benefit from the purchases of farmland equipment. Caterpillar Inc (NYSE: CAT ) is … Full story available on Benzinga.com