Starting Farming Company?

Question

With the current needs of such things as Cotton,Soybeans, and Corn I have been looking around for a good area with great farming abilities, and I have found many in Brazil, I live in Georgia, and my family is one of the largest peanut and cotton producers in the South already, but I was looking to where profits may be greater. I know China is importing soybeans at record numbers and is looking at South America for their new imports because the prices are lower than here in America. For about 3 million dollars I can purchase 30,000 acre farm that grows Soybeans, Cotton, and Corn, whats the chance of this being profitable?

Answer 1

Great Idea, go ahead with your plans !

You are thinking in right direction.

With all the Best.

Answer 2

I don't know how big of a risk 3 million dollars is to you since you said you own peanut and cotton fields, but people are going holistic these days and soy is very popular. Additionally corn and cotton are very useful and in demand, so I think it sounds like a good investment.