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Betting the farm ... on the farm

September 20, 2010 | 12:37 pm

Almonds
As investors tire of Wall Street's roller coaster, more of them are plowing their money into land -- farmland.

Few people understand this shift better than farm manager Carl Evers.

On a recent morning, Evers steered his pickup truck through a Central California almond grove, his drawling sales pitch at the ready. Evers is co-founder of Farmland Management Services, which runs about 30,000 acres of nut groves, fruit orchards and wine grape vines for a Boston investment firm. Sunburned and stocky, tugging down his wide-brimmed hat, he talked about how farmland -- and the food it produces -- is the safer bet these troubled days. Read more in today's Business section:

Photo: Carl Evers checks almonds near Bakersfield. His company manages about 30,000 acres of farmland for a Boston-based investment firm. Credit: Brian van der Brug / Los Angeles Times

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