Implications of foreign ownership of U.S. farmland on farms and rural communities

Cover of: Implications of foreign ownership of U.S. farmland on farms and rural communities |

Published by Pennsylvania State University, College of Agriculture, Agricultural Experiment Station in cooperation with Natural Resource Economics Division, ERS, United States Dept. of Agriculture in University Park, Pa .

Written in English

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Places:

  • United States

Subjects:

  • Farms -- United States -- Foreign ownership.,
  • United States -- Rural conditions.

Edition Notes

Book details

StatementJ. Dean Jansma ... [et al.].
SeriesBulletin / Pennsylvania State University, College of Agriculture, Agricultural Experiment Station ;, 832 (Jan. 1981), Bulletin (Pennsylvania State University. Agricultural Experiment Station) ;, 832.
ContributionsJansma, J. Dean 1933-
Classifications
LC ClassificationsHD256 .I47 1981
The Physical Object
Pagination31 p. ;
Number of Pages31
ID Numbers
Open LibraryOL3145022M
LC Control Number82622751

Download Implications of foreign ownership of U.S. farmland on farms and rural communities

'American Soil' Is Increasingly Foreign Owned The number of acres of U.S. farmland held by foreign-owned investors has doubled in the past two decades, raising alarm bells in farming communities. Foreign ownership makes up about % of farmland in the U.S.

and 1% of all land. Critics often cite food security as a reason to ban foreign ownership of agriculture land, but the center’s analysis found that timber companies and renewable energy companies remain the biggest group of foreign : Midwest Center For Investigative Reporting. “Our rural communities are becoming factory farms for foreign corporations,” argues Family Farm Action, a Kansas City-based organization launched in to fight for America’s family farmers and rural communities.

Infamily farmers packed a Missouri House hearing room to support bills banning foreign ownership of agricultural land. Foreign ownership makes up about % of farmland in the U.S. and 1% of all land. Critics often cite food security as a reason to ban foreign ownership of agriculture land, but the Center’s analysis found that timber companies and renewable energy companies remain the biggest group of foreign investors.

The influx of foreign farm owners has drawn strong criticism. Some politicians and rural advocacy groups argue that foreign control of farms is a threat to national security. Sens.

Foreign investment in U.S. farmland on the rise. Read more. Restrictions on foreign ownership of agricultural land vary by state. Read more about trends in regulations and find your state in our state-by-state breakdown of laws. The sale of timber land went mostly to a handful of foreign investors.

Read more. Those are two words that are commonly used to stir up patriotic feelings. They are also words that can’t be be taken for granted, because today nearly 30 million acres of U.S.

farmland are held by foreign number has doubled in the past two decades, which is raising alarm bells in farming communities. The U.S. Department of Agriculture's (USDA) report on foreign investment in U.S. agricultural land found that at least million acres of privately held farmland were held by foreign.

Given the relatively advanced age of many farmers, both tenure and ownership can also have important implications for access to land, an issue that is particularly salient for new and beginning farmers.

A majority of U.S. land in farms is owner-operated—just over 60 percent, according to the Census of Agriculture. Foreign ownership makes up about % of farmland in the U.S.

and 1% of all land. Critics often cite food security as a reason to ban foreign ownership of agriculture land, but the Center's analysis found that timber companies and renewable energy companies remain the biggest group of foreign investors.

The deal made Shuanghui, now the WH Group Limited, into one of the biggest foreign owners of U.S. agricultural land, according to an analysis of that same data. That purchase was just a part of a continuing surge in foreign investment in American farmland and food that has raised concerns in Congress and among rural advocacy groups.

Foreign investment in agricultural land is not a new phenomenon. Large foreign-owned plantations have long existed in parts of Africa, Asia and Latin America, in many cases remnants of the colonial era, and are used to produce bananas, sugar, tea, cocoa and other export crops.

Since the s however, foreign ownership of land for agriculture sig. U.S. farmland values this year dropped for only the second time since the major farm crisis in the s led to a series of foreclosures. The U.S. Department of Agriculture reports that farmland values in the lower 48 dropped by $10 an acre to $3, the first such drop since   This June 3, photo shows a farm field southwest of Bondville, Ill., owned by Augusta Farms, a company based in Brazil.

Foreign investors acquired at least million acres of U.S. poses. Ownership of farmland by foreign-affiliated groups at that time was estimated to be only one million acres or about percent of the total U.S. farmland. 2 Foreign purchases may have increased since this survey was made, but if doubled, such holdings would total no more than percent of the total.

Reasons ror Oppo ition. Varied. About percent of the U.S. land under foreign ownership is forestland, followed by percent pastureland and percent cropland.

The amount of foreign-owned land totaled 10 million acres inmillion acres in and then million acres in Foreign acquisition of U.S.

farmland has long been a public policy concern in this country, and eight states (mainly in the Midwest and Great Plains) still have laws which prohibit or limit such. Report Documents Foreign Ownership of U.S.

Farm Lands Octo Foreign ownership of privately-held US agricultural lands is on the rise for the second year in. The Forest Land Enhancement Program authorized under the Farm Security and Rural Investment Act of The Conservation Security Program authorized by the Food Security Act of The Forest Health Protection Program (FHPP) authorized by the Cooperative Forestry Assistance Act of   Laws restricting foreign ownership of agricultural land vary by state; Iowa essentially forbids it, but Texas has no restrictions (and thus about 3 million acres of foreign-held agricultural land), and, along with Maine, has the most foreign-held agricultural land.

In Maine, the acreage is equal to about half the size of Vermont. reported U.S. foreign-held agricultural land. Foreign holdings are concentrated in the South. Tennessee, Georgia, and South Caro- lina containacres, or 25 percent of foreign-held U.S. agricultural land. Section 5 of the act requires a determination of the effects of foreign ownership of agricultural land on family farms and rural.

Foreign investors acquired at least million acres of U.S. agricultural land inthe largest increase in more than a decade, according to a review by the Midwest Center for Investigative Reporting of the latest available federal data from the U.S.

Department of Agriculture show that foreign investors control — either through direct ownership or long-term leases — at least. One of the biggest considerations regarding your family farm is how to transfer farm land to your children or grandchildren.

As you near retirement, the farm’s assets may be. finds that only % of U.S. farmland is in foreign ownership, and much of that is Canadian ownership of forestland Nonetheless, in the opinion of NFFC, “Without intervention, the coming years could mark the beginning of the great American land grab.”11 Thirty percent of U.S.

farmers are age 65 or older, and an. In fact, the ERS found that 99 percent of U.S. farms were still structured as family farms inand they account for about 90 percent of farm production.

The report further noted that the few farms organized as nonfamily corporations generally have less than 10 stockholders — in other words, they are more Main Street than Wall Street.

The change in land ownership isn't limited to rural areas. Financial services mogul John Hantz caused a firestorm of controversy a few years ago when he purchased hundreds of acres of derelict land in Detroit and proposed to build an urban mega-farm.

Observers were skeptical, seeing it as a land grab instead of an investment in the sustainable. For the longest time, farmland markets were comatose. Land ceiling laws, designed to prevent concentration of land ownership, were one reason.

Another reason, as academic Sanjoy Chakravorty writes in ‘The Price of Land: Acquisition, Conflict, Consequence’, his book on land acquisition in India, was the limited reason to buy land.

The state of small farm business in the U.S.A.: In the U.S., small farms are considered the backbone of the agricultural industry, with 97 percent of all U.S. farms being family-owned.

In order to be considered a small farm, the USDA Economic Research Service states that you need to. Under the act, foreign owners who acquire, sell or gain interest in U.S. agricultural land must file disclosure paperwork, known as the FSA form, with the USDA’s Farm Service Agency.

Farm Ownership Loans can be used to purchase or expand a farm or ranch. This loan can help with paying closing costs, constructing or improving buildings on the farm, or to help conserve and protect soil and water resources.

Read more. Meet a Farmer: Jesse and Tracey Paul purchased a farm using a Farm Ownership Loan. Investing in Farmland: A Complete Guide to Evaluating, Financing and Managing Income-Producing Farm Properties [Wise, Murray R., Brighton, Jack] on *FREE* shipping on qualifying offers.

Investing in Farmland: A Complete Guide to Evaluating, Financing and Managing Income-Producing Farm Reviews: 1. Farmers, like other business owners, may deduct “ordinary and necessary expenses paid in carrying on any trade or business.” IRC § In agriculture, these ordinary and necessary expenses include car and truck expenses, fertilizer, seed, rent, insurance, fuel, and other costs of operating a farm.

Schedule F itemizes many of these expenses in Part II. Foreign ownership of farmland has shot up in Wisconsin and across the country.

But according to the Midwest Center for Investigative Reporting, enforcement of the laws that regulate foreign ownership of farmland is lax. And because of that, we probably don’t know how much land is owned by foreign. High resolution/large scale Resource Imagery is typically acquired for the U.S.

Forest Service and other agencies for resource management, monitoring and inventory of land, minerals, vegetation, wildlife habitat, recreation, and travel etc.

Imagery is typically collected in stereo for 3D viewing/analysis and often delivered in an orthorectified. The U.S. Department of Agriculture’s Cooperative Extension Service was created in to work directly with farm communities to increase acreage, promote farm.

Land acquisition and use remain a critical issue of great policy relevance in developing countries such as Nigeria. This study therefore examined land acquisition and use in Nigeria within the context of food and livelihood security.

The chapter used secondary data obtained from the World Bank website, National Bureau of Statistics (NBS) and other sources. One of the toughest parts of farming and ranching can be finding and accessing the right land to making your farm or ranch business on.

As a new and beginning farmer, you need to find the right land, find the right path for you to afford that farmland, make a business plan that reflects the uniqueness of the land and supports your goals and hopes for the farm or ranch, and.

Corporate farming is the practice of large-scale agriculture on farms owned or greatly influenced by large companies. This includes corporate ownership of farms and selling of agricultural products, as well as the roles of these companies in influencing agricultural education, research, and public policy through funding initiatives and lobbying efforts.

Foreign Ownership of U.S. Farmland: Much Concern, Little Data CED Published: Publicly Released: v Contents b Per capita protein intake in low- and middle-income countries compared to high-income countries 84 Greenhouse gas emissions by diet type 86 Sectoral contributions to aggregate GDP, by region, – 89 Sectoral employment shares, by region, – 90 Sectoral value added per worker, by region 93 Estimates of the population aged years.

The South African farm attacks (Afrikaans: plaasaanvalle) refer to the claim that white South African farmers are murdered at a higher rate than the murder rate in the general population of South Africa. Criminal attacks target farmers, who are usually white, and farm workers, who are usually black.

Many black farmers and their workers are also victims of violent attacks.In the United States, over 2, acres of agricultural land are sold every day for housing or commercial development, according to the American Farmland Trust.

This has especially affected Black farmers who, sincehave seen nearly a 90 percent decline in land ownership, according to the U.S.Print book: English: Feb. 1,through Feb.

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