Several states have already banned or are considering banning foreign ownership of farmland from U.S. adversaries such as China, a trend that has its recent roots in North Dakota.
Chinese food manufacturer Fufeng Group purchased 370 acres of land for a corn milling plant in Grand Forks in November 2021.
A 72-year-old Alpharetta businessman pleaded guilty in federal court to bribing two Atlanta city officials in exchange for steering millions of dollars of city business to his company.
Ownership of U.S. farmland by Chinese nationals has risen significantly in the last decade and amounted to 338,000 acres as of 2020, according to U.S. Agriculture Department data.
Since 2010, Chinese nationals have reportedly purchased an additional 75,000 acres of U.S. farmland, according to U.S. Agriculture Department data obtained by the WSJ. Although amounting to less than 1% of all U.S. agricultural land held by foreign citizens, ownership of U.S. farmland by Chinese nationals has received increased scrutiny in recent years following warnings from U.S. government officials claiming that the Chinese government may seek to use land for military and espionage purposes, according to the WSJ.
More than 100 House Republicans are asking a government watchdog to probe foreign investments in U.S. farmland, including those by China, which they say may present national and food security concerns.
Led by Reps. Glenn Thompson of Pennsylvania and James Comer of Kentucky, the lawmakers on Saturday called on the Government Accountability Office (GAO) to study foreign farmland ownership and how the U.S. government is monitoring acquisitions, a letter shows. There has been an uptick in foreign investments and ownership, which may be “underreported” due to the U.S. Agriculture Department’s (USDA) unreliable data, the Republicans say.