WebJun 6, 2024 · According to federal data, WH Group’s Smithfield, the world’s largest pork producer, owns about 150,000 acres. While Chinese entities only own about 191,000 acres worth $1.9 billion, overall Chinese investment in the agricultural sector has grown tenfold in less than a decade, according to the USDA’s Economic Research Service. Webinvestment and ownership of U.S. agricultural land. The Agricultural Foreign Investment Disclosure Act of 1978 (AFIDA; P.L. 95-460, 7 U.S.C. §§3501-3508), as implemented by …

Feds Grant China Eminent Domain Snopes.com

WebMar 1, 2024 · China actually owns a very small percentage — just about 0.9% — of all foreign-owned U.S. agricultural land as of 2024, according to the USDA. WebFeb 4, 2024 · At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. By 2024, the USDA says foreign … nil rate band threshold history

Bill Would Ban Chinese Land Ownership - DTN Progressive Farmer

WebAug 15, 2024 · By Eduardo Peters / August 15, 2024. Chinese owners account for about 192,000 acres of farmland. Here in Michigan, roughly 1.35 million acres of ag land is held by foreign investors and nearly 90% of this land is in forests. Investors from the Netherlands own 33% of that land with Canadians owning 25%. WebFeb 1, 2015 · Food is the oil of the 21st century, and China is going on a global buying spree. Chinese nationals owned $81 million worth of U.S. farmland in 2011. A year later, that number jumped to $900 ... WebOct 10, 2024 · For its part, China owned 191,000 acres worth $1.9 billion as of 2024. This might not sound like a lot, but Chinese ownership of American farmland has exploded dramatically over the last decade. Indeed, there has been a tenfold expansion of Chinese ownership of farmland in the United States in less than a decade. nikon lenses with low f stop