USDA's Farm Service Agency released the latest report on foreign holdings of U.S. agricultural land. The publication contains statistics through Feb. 28, 2008, regarding the 20.9 million acres of U.S. agricultural land in which foreign persons hold an interest.
The report, titled "Foreign Holdings of U.S. Agricultural Land," is available on the FSA Web site.
The publication reports that foreigners have an interest (partial or total ownership) in 1.6 percent of all privately held U.S. agricultural land and 0.92 percent of all land in the United States. This is a 1.4 million acre increase from 2007.
Read the news release.