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Fresh Pear Committee Nominees and Texas Court Halts Corporate Transparency Act
The Agribusiness Update
The USDA is seeking nominees for positions on the Fresh Pear Committee to fill two grower member and four handler member seats, and a Texas federal court halted the implementation of the Corporate Transparency Act’s beneficial ownership reporting requirements.
Farm Credit Merger in Florida and Georgia and Texas Court Halts Corporate Transparency Act
The Agribusiness Update
Farm Credit of Central Florida and Southwest Georgia Farm Credit have announced unanimous agreement to merger, and a Texas federal court halted the implementation of the Corporate Transparency Act’s beneficial ownership reporting requirements.
Treasury Department Focuses on Foreign Land Ownership
Southeast Regional Ag News
A new rule adds over 60 military installations to the list of areas where the Treasury’s Committee on Foreign Investment, or CFIUS, can scrutinize real estate transactions to protect national security.
Church of Jesus Christ of Latter-day Saints Increases Landholdings
California Ag Today
Chalk more acres up for the Mormon Church. The Church of Jesus Christ of Latter-day Saints’ real estate arm is paying $289 million to acquire tens of thousands of acres of farmland across eight states.
Mormon Church pays $289M for Dozens of US Farms
Southeast Regional Ag News
The LDS Church owns approximately 1.7 million acres of land primarily used for agriculture, according to Landgate, a commercial real estate advisory service, making it one of the largest institutional landholders in the U.S.
House Pushes Back on Foreign Purchases of Farmland
Southeast Regional Ag News
The House of Representatives has passed the "Protecting U.S. Farmland from Foreign Adversaries Act," with a companion bill now introduced in the Senate by Senators Chuck Grassley of Iowa and Mike Braun of Indiana.
Congress Resumes Farm Bill Efforts and House Passes Farmland Ownership Act
The Agribusiness Update
Congressional leaders from both parties say they’ll resume talks to get a Farm Bill passed before the end of the year, and the House of Representatives passed the “Protecting U.S. Farmland from Foreign Adversaries Act.”
Chinese Ownership of U.S. Farmland Up Twentyfold
California Ag Today
Legislation has now passed the U.S. aiming to tighten the rules around foreign purchases of U.S. farmland, specifically targeting countries like China, North Korea, Russia, and Iran.
Ag Land Foreign Owned
Washington State Farm Bureau Report
Among the bills Republicans are racing to pass is the Protecting American Agriculture from Foreign Adversaries Act, introduced by Washington Republican Dan Newhouse, that focuses countries like China from owning U.S. farmland, especially near sensitive military sites.
Chinese Purchase of U.S. Grain Terminal Raises Alarms
California Ag Today
According to the most recent USDA report on Foreign Holdings of U.S. Agricultural Land, foreign entities controlled over 43.4 million acres of U.S. agricultural land as of December 31, 2022. T
Put Another Log on the Foreign Ag Land Ownership Fire
Southeast Regional Ag News
A Chinese company recently purchased a grain terminal in St. Louis, right on the Mississippi River.
Ag Loan Demand Up and NCBA Applauds Paraguayan Beef Ban
The Agribusiness Update
Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7%, and the National Cattlemen’s Beef Association thanked the Senate for passing a resolution to block beef imports from Paraguay.
Ag Loan Demand Up and NCBA Applauds Paraguayan Beef Ban
The Agribusiness Update
Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7%, and the National Cattlemen’s Beef Association thanked the Senate for passing a resolution to block beef imports from Paraguay.
U.S. Farmland and Foreign Ownership Pt 2
Washington State Farm Bureau Report
Protecting our nation’s farmlands from foreign adversaries is the idea behind a series of bills introduced by U.S. Representative Dan Newhouse.
U.S. Farmland and Foreign Ownership Pt 1
Washington State Farm Bureau Report
Protecting our nation’s farmlands from foreign adversaries is the idea behind a series of bills introduced by U.S. Representative Dan Newhouse.
Foreign Farmland Ownership in America
California Ag Today
Foreign ownership of farmland is a concern, with some states taking an active role. Three-point one percent of privately held farmland has foreign ownership and there is a question of whether it's a national or state level issue. Director of the Ag Law Center, Harrison Pittman says it’s both.
2024 Legal Spotlight: Foreign Land Ownership
Southeast Regional Ag News
Harrison Pittman, Ag Law Center, says we'll see several states advancing bills regarding foreign land ownership again this year.
The 411 on Foreign Owned Land
Southeast Regional Ag News
Well, it’s a concept that we talk a lot about: foreign land ownership. But what is the reality?
Organic Fresh Produce Grows and Farmland Ownership Evolving
The Agribusiness Update
For the second quarter in a row, organic fresh produce grew slightly in year-over-year sales and volume, and the landscape of land ownership has evolved over the past 25 years as a generational transfer of ownership takes place.
Organic Fresh Produce Grows and Farmland Ownership Evolving
The Agribusiness Update
For the second quarter in a row, organic fresh produce grew slightly in year-over-year sales and volume, and the landscape of land ownership has evolved over the past 25 years as a generational transfer of ownership takes place.