"Rising Concerns Over Foreign Ownership of US Farmland"

1 min read
Source: Daily Mail
"Rising Concerns Over Foreign Ownership of US Farmland"
Photo: Daily Mail
TL;DR Summary

A new Congressional report reveals that foreign investors, including those from adversarial nations like China, Russia, Iran, and Venezuela, own at least 40 million acres of US farmland, pastures, and forests, raising concerns about national security and food supply chains. The report highlights the lack of reliable tracking of foreign land ownership by US officials, with some plots near sensitive military facilities. Chinese firms alone own 346,915 acres of American agricultural land, and the USDA's data on foreign investments in agricultural land is deemed sparse and unreliable. The report has sparked bipartisan outrage, with demands for the Biden Administration to clamp down on purchases from adversaries to protect America's defenses.

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