In 2024, foreign entities controlled an increasing number of agricultural acres, and that share continues to increase. But despite those growing numbers, overall foreign-owned farmland remains a small percentage of total acreage. Faith Parum, deputy chief economist for the American Farm Bureau Federation, talked through the numbers.
China has been scrutinized recently for controlling agriculture land in the U.S., but Parum said China represents less than 1-percent of foreign-owned farmland.
Parum said every state is seeing an increase in foreign-owned farmland.
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