Why the price of farmland is soaring

The first thing populations moving out of poverty do is eat more meat. Unfortunately, despite steadily improving feed conversion ratios, the fact remains that a person subsisting on meat requires far more land under production than a person subsisting on vegetable matter. When few people ate meat, that fact didn't matter much, but now that a couple billion more people want to eat like Westerners, it does. Prices for all things food will continue to rise until the East is priced out or the Western culture of food adjusts.

A notable absence of comment on the differentials between organic and non-organic production. In some cases it is cheaper to produce organically, in others more expensive but farmers always get a premium for organically produced goods. Does organic land sell at a premium?