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Call him Farmer Bill

Call him Farmer Bill

By Andrew Joseph, Farms.com

Call it an investment by someone who knows how to make money be it short-term or in this instance, long-term, but Bill Gates is “probably” still America’s largest private farm owner. The reason for the “probably” caveat is explained later in this article.   

Farmer Bill, who is famous for his being the co-founder of Microsoft Corporation, is the fourth-richest person on the planet, but he didn’t just get there by being a computer guy. 

Back in 1994, Gates began to diversify his 45-percent share in Microsoft to either maintain a comparable financial level or to garner higher returns—the old adage “don’t place all your eggs in one basket” applies here.  

For Gates, this included investment in more than 100,000 acres of farm real estate in California, Illinois, Iowa, Louisiana, and others, which means he owns a lot of farmland in the U.S.—thanks to Canada.

In fact, back in 2017, the largest purchase by Gates was for the farmland then-owned by the Canada Pension Plan Investment Board. The Investment Board had previously purchased the Agricultural Company of America, which owned more than 100,000 acres in nine U.S. states. When it was sold to the Canada Investment Plan Investment Board in 2013, it was a leading owner of row crop farmland in America. 

In 2016, the CPP Investment Board also paid US$2.5-billion (~CDN$3.175-billion) for 40-percent of Glencore Agricultural Products, a global grain and oilseed business, featuring origination, processing, storage, logistics and marketing. But next year, sold it to Gates via other businesses he owned.

The Caveat

Recently, Farmer Bill divorced his wife of 27 years, Melinda French Gates, with combined pre-divorce net worth of approximately US$152-billion (~CDN$193-billion), following a non-public separation contract. One can only assume a 50-50 split would still leave a net worth of US$76-billion (~CDN$96.5-billion) apiece.  

The biggest Gates landholdings–keep in mind this is prior to the divorce, and we don’t know how the Gates’ assets were divvied up–are: Farmland: 242,000 acres; Transitional: 25,750 acres; Recreational: 1,234 acres – for a Total: 268,984 acres.  
However, if the farmland was divided 50-50 between the two, the 121,000 acres of farmland would take them out of the Top 5 US private farmland owners. 

Following the Gates’ holdings, are the Offutt Family (190,000 acres); the Resnicks (190,000 acres); the Fanjul family (160,000 acres), and the Boswell clan (150,000 acres).

While Bill Gates “may” not own farmland in Canada, for those considering farm real estate purchases here, at least you can have something in common with one of the richest people on the planet—being a farmer, like the guy who helped found Microsoft.

Photo by Brad West on Unsplash


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US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops

Video: US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops


A dry August and a “flash drought” in the ECB (Eastern Corn Belt) the driest top 10 to 15 years in 150 to 160 years (Ohio the driest in 133 years) plus disease is taking a bite out of the 2025 U.S. corn and soybean crops.
It's going to be an early harvest. This could be the start of the 89-year drought cycle that may have been delayed until 2026 as La Nina maybe returning.
The USDA September crop report is all about record corn ears and record soybean counts but the October USDA crop report will be about pod and ear weights.
Stats Canada reported higher forecasts for the 2025 Canadian Prairies all wheat and canola crops vs. last year based on satellite imagery but are they overestimating production?
The 2025 Great ON Yield Tour and Quebec crop tours are projecting corn and soybean crops below the 10-year average.
China's Vice Commerce Ministry Li Chenggang visits Washington this week as we continue to connect the dots is a positive sign towards a China/U.S. trade deal. But will U.S. farmers have a winter without China as they buy more soybeans from Uruguay/Argentina? U.S. Northern Plain soybean farmers are seeing red with flat prices at $8.97/bu!
U.S. corn exports on record pace up 99% vs. last year.
Fund short covering continues in corn futures bottom is in!