The AgriNews AgriMinute podcast: Foreign ownership of U.S. land small, but continues to increase
By James Henry
While agriculture land values grew by 3% in several Midwest states year over year, a new report from the Federal Reserve Bank of Chicago shows strain in agriculture with falling cash rents, rising loan rollovers, tightening credit and near-breakeven cash flows on farms. (AP photo/Charlie Riedel/ASSOCIATED PRESS)
Foreign-held agricultural land grew to 47.2 million acres in 2024, driven mostly by Canadian and European timber and renewable energy interests rather than purchases of working cropland, reports Jim Henry.