Foreign land Ownership Questioned

Foreign ownership in the U.S. ag industry is becoming more of a market topic.

Legislation is expected to be introduced to monitor foreign ownership of U.S. farmland and industries, with the primary focus on China.

Foreign ownership has increased in recent years, and U.S. lawmakers are concerned with the volume of land and food production facilities owned by entities outside the U.S. An oversight committee has been monitoring these foreign purchases, but accuracy of data has been questioned.

Proposed legislation would allow the U.S. secretary of agriculture to sit on the Committee of Foreign Investment, which advises the president on such matters.

Demand remains one of the most monitored factors in price discovery. Much of this has been on exports, which have been mixed all year.

Current U.S. export loadings compared to last year are down 46% for corn, down 2% for...