Foreign Ownership of US Cropland in Focus

Posted 7/21/23

Sens. Tammy Baldwin (D-Wisc) and Chuck Grassley (R-Iowa) have introduced bipartisan legislation to increase transparency and oversight of foreign ownership in the US agricultural industry.

The Farmland Security Act of 2023 builds on the senators’ bipartisan Farmland Security Act of 2022 by ensuring that all foreign investors, including “shell companies,” who buy US agriculture land report their holding.

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