Bill would ban hostile countries from purchasing U.S. farmland

IARN — There has been much concern that American farmland is being bought up by countries who are either hostile to the U.S. or trying to beat us economically, such as China. A new amendment has been introduced that would ban China, Iran, Russia, and North Korea from owning U.S acreage.

It was introduced by Washington Representative Dan Newhouse and is attached to the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies FY2023 Appropriations Bill. It is a second attempt after the Senate failed to pass the first attempt. Newhouse says that now with Russia’s invasion of Ukraine, it may have a stronger foothold in both chambers.

For more on this story visit the Iowa Agribusiness Radio Network.

Photo by Dustin Hoffmann

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