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HomeBREAKING NEWS3 Million Acres of U.S. Farmland Now Under Foreign Ownership
BREAKING NEWSWORLD NEWS
3 Million Acres of U.S. Farmland Now Under Foreign Ownership
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In the year 2020, foreign investors gained control of more than three million acres of American farmland, representing close to two percent of the total land in the United States. Current data from the government indicates that these lands are now under the ownership or lease of individuals from other countries.
According to a recently published report from the U.S. Department of Agriculture (USDA), as of December 31, 2022, foreign entities have shown interest in more than 40 million acres of American farmland.

There is a growing bipartisan concern, particularly after Congress eliminated provisions addressing foreign land acquisitions in a recent defense bill. Heightened worries about national security have emerged, especially following the acquisition of 300 acres near a critical Air Force base in North Dakota by a Chinese food manufacturer.
Efforts were made to limit Russia, North Korea, Iran, and China from purchasing farmland, leading to the Senate passing an amendment to the Defense Funding Act. Regrettably, these provisions were excluded from the final text of the bill, prompting additional concerns.