Foreign ownership of us farmland
WebDec 1, 2024 · The most recent data collected under the Agricultural Foreign Investment Disclosure Act (AFIDA) shows Chinese investors held a little more than half of 1% of the overall 35.8 million acres of U.S ... WebFeb 1, 2024 · According to the USDA, Canadian investors own about one-third of the foreign-held agriculture land in the United States. “Foreign persons” from four other countries (the Netherlands, Italy, the United Kingdom and Germany) together hold another one-third. In some cases, purchases have led to prime farmland not being used for food …
Foreign ownership of us farmland
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WebJan 24, 2024 · In total, InvestigateTV’s analysis found an increase of more than 13 million acres of foreign-owned land in the United States over those ten years. Maine, ... In 2024, both Texas and Tennessee saw bills introduced that would limit foreign ownership of agricultural land. In Tennessee, the bill made it as far as the calendar of the state … WebMar 2, 2024 · Foreign-owned agricultural land. As of 2024, the US Department of Agriculture (USDA) reported that foreign persons and entities held an interest in 40.8 million acres of US agricultural land—about 4.5 percent of the total. Texas has the largest amount, at approximately 5.3 million acres.
WebSep 8, 2024 · According to USDA data, foreign investors owned at least 35.2 million acres of U.S. agricultural land in 2024—2.7 percent of U.S. farmland, an area almost the size of Iowa. While foreign land ownership … WebMar 20, 2024 · The USDA reports that foreign persons and entities held an interest in just over 40 million acres of U.S. agricultural land in 2024. This number marked an increase of over 2.4 million acres from the Dec. 31, 2024, report, and the agency added that foreign land holdings have increased by an average of 2.2 million acres per year since 2015.
WebJan 24, 2024 · GH America Energy, LLC, a company owned by billionaire and former Chinese military officer Sun Guangxin, planned to develop a wind farm on Texas land it owns through its subsidiary Brazos... WebApr 10, 2024 · As for Ernst’s native Iowa, 507,519 of its 35.8 million acres, or 1.5 percent, are foreign-owned. Neighboring Illinois, with almost the exact amount of farmland as …
WebFeb 8, 2024 · Of the five states where the federal agriculture department says entities with ties to China own the most farmland, four don't limit foreign ownership: North Carolina, Virginia, Texas and Utah. The fifth, Missouri, has a cap on foreign land ownership that state lawmakers want to make more stringent.
WebMar 31, 2024 · As demonstrated in Table 1, the top 10 foreign owners of U.S. agricultural land by acres were Canada, the Netherlands, Italy, the United Kingdom, Germany, … djckciWebSep 27, 2024 · In its annual report, USDA mentions what trends it sees in foreign ownership over the last several years. Since 2015, the amount of agricultural land acquired by foreign interests has risen to 3.3 million acres per year. But, the previous six years had an average of just 0.8 million acres annually. djcm888WebThe Register Bill creates two distinct reporting obligations: First, foreign persons who held interests in agricultural land on 1 July 2015 must notify the ATO following commencement of the new law. Second, foreign persons (and persons who have since ceased to be foreign persons) must notify the Commissioner of certain events involving ... djcm6WebFeb 13, 2024 · The amount of American farmland owned by foreign corporations or governments was nearly 30 million acres, according to a May 27, 2024, article published by NPR. To put that into context, that amount of land would be roughly the size of Pennsylvania or Mississippi. djckWebApr 1, 2024 · As of late 2024, foreign investors have held an interest in almost 35.2 million acres of U.S. farmland. That’s an area larger than the state of New York. In the past 17 … djckjWebJul 19, 2024 · By the start of 2024, Chinese owners controlled about 192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching and … djcm666djWebMay 27, 2024 · To be fair, U.S. farmers and corporations also invest in overseas agriculture, owning billions of dollars of farmland from … djckgo