2020 Cornell study finds China owns only 1% of US farmland, debunking acquisition myth; Canada leads with one-third, primarily forestland.
A Cornell University study debunks the myth that China is acquiring significant amounts of U.S. farmland. Analyzing over 40,000 foreign investments as of 2020, it found that adversarial nations, including China, own just 1% of the 40 million acres of foreign-owned farmland. Canada leads with about one-third, mainly in forestland. The study indicates that long-term leasing, primarily for renewable energy projects, is driving foreign interest, not direct purchases.
September 30, 2024
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