Foreign Investors' Holdings of U.S. Agricultural Land
September 27, 2013
The U.S. Department of Agriculture's Farm Service Agency (FSA) released its annual publication regarding foreign investors' holdings of U.S. agricultural land. The publication contains statistics that are current through Dec. 31, 2011.
The report, titled "Foreign Holdings of U.S. Agricultural Land Through December 31, 2011," is available at www.fsa.usda.gov/FSA/webapp?area=home&subject=ecpa&topic=afa.
The data indicates that foreign investors hold an interest in 25,715,588 acres of U.S. agricultural land, which is approximately 2 percent of all privately held U.S. agricultural land, and 1 percent of all land in the United States. The total foreign-held U.S. agricultural acres as of the last report, dated Dec. 31, 2010, were 24,224,807, resulting in an increase of 1,490,781 acres.
The publication's findings are based on reports submitted to FSA in compliance with the Agricultural Foreign Investment Disclosure Act of 1978 (AFIDA). The law was created to establish a nationwide system for collecting information pertaining to foreign ownership in U.S. agricultural land. Foreign investors who buy, sell or hold an interest in U.S. agricultural land are required to report such holdings and transactions to the secretary of agriculture.