Articles Tagged with ''AFIDA''

The Agriculture Department’s tracking of foreign land ownership relies heavily on investors to voluntarily report acquisitions, but enforcement cases have dropped dramatically even as the number of transactions has surged over the past decade, according to an analysis of USDA data.

Foreign holdings of U.S. land increased by 2.4 million acres in 2020, with 40% of the growth occurring in just three states, Oklahoma, Texas and Colorado, according to a new Agriculture Department report. But these holdings are still a relatively small share of U.S. farmland.

Lawmakers worried that China could gain control over the U.S. food system through land purchases are looking to curb the nation's grip on American farmland, despite no evidence of a spike in land sales to Chinese interests, according to an Agri-Pulse analysis of Agriculture Department data.