WASHINGTON — Indiana and Iowa saw year-over-year decreases in foreign ownership of agricultural acres while Illinois increased, according to a new report.
The U.S. Department of Agriculture’s Farm Service Agency recently released its findings in its Foreign Investment in U.S. Ag Land report.
The report revealed a 1.58-million-acre increase in foreign-held agricultural land in the United States between 2022 and 2023, driven primarily by investments linked to renewable energy projects. The data also showed a decrease in acreage owned by Chinese-based entities.
