Sacramento area community musical theater (esp. DMTC in Davis, 2000-2020); Liberal politics; Meteorology; "Breaking Bad," "Better Call Saul," and Albuquerque movie filming locations; New Mexico and California arcana, and general weirdness.
Monday, July 28, 2014
Interesting Article About American Alfalfa For The Chinese Market
After driving past the only gas station in Jensen, population 400, a visitor crosses the river, turns left and is soon surrounded by a meticulously managed, 22,000-acre ranch, lush with green alfalfa.
Nearly all of it is destined for China. Three years ago, a pair of Chinese entrepreneurs purchased this alfalfa farm for a discount price of less than $10 million. Each year since, they’ve shipped about 22,000 tons of super-compacted, ranch-grown alfalfa to China, where it’s highly prized by the nation’s growing dairy industry.
China has long depended on the U.S. breadbasket, importing up to $26 billion in U.S. agricultural products yearly. But increasingly, Chinese investors aren’t just buying from farms abroad. They’re buying the farms.
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