Comment
Comment by yalogin
If the farmers have decades long relationship with the landowners this looks like a power play by tillable/VCs to get in there and take a recurring cut. They know the farmers have no option but to rent land and the VCs know it. So they are using their money to pay cash to landowners and get them on the site. Probability wise there is a 90% chance that the land will be rented by the same farmer as before because of land proximity issues. So it’s just free money for tillable.