'American Soil' Is Increasingly Foreign Owned
MAY 27, 2019
…
It's likely that even more American land will end up in foreign hands, especially in states with no restrictions on ownership. With the median age of U.S. farmers at 55, many face retirement with no prospect of family members willing to take over. The National Young Farmers Coalition anticipates that two-thirds of the nation's farmland will change hands in the next few decades.
"Texas is kind of a free-for-all, so they don't have a limit on how much land can be owned," say's Ohio Farm Bureau's Ty Higgins. "You look at Iowa and they restrict it — no land in Iowa is owned by a foreign entity."
Ohio, like Texas, also has no restrictions, and nearly half a million acres of prime farmland are held by foreign-owned entities. In the northwestern corner of the state, below Toledo, companies from the Netherlands alone have purchased 64,000 acres for wind farms.
There are two counties in this region with the highest concentration of foreign-owned farmland — more than 41,000 acres each. One of those is Paulding County, where three wind farms straddle the Ohio-Indiana line.
Once a foreign entity buys up however many acres they want, Americans might never be able to secure that land again. So, once we lose it, we may lose it for good. - Ty Higgins
Higgins says that this kind of consumption of farmland by foreign entities is starting to cause concern. "One of the main reasons that we're watching this … is because once a foreign entity buys up however many acres they want, Americans might never be able to secure that land again. So, once we lose it, we may lose it for good."
…
https://www.boisestatepublicradio.org/post/american-soil-increasingly-foreign-owned#stream/0