I thought this was most-interesting:
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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