No, China Isn’t Gobbling Up America’s Farms

Source: US Department of Agriculture

Fears over Chinese purchases of US cropland are vastly overblown. Lawmakers should slow down before imposing damaging new restrictions.

No, China Isn’t Gobbling Up America’s Farms

Related:

Bill Gates: America’s Top Farmland Owner

Bill Gates Finally Explains Why He’s Buying So Much U.S. Farmland

I’m more worried about ‘Farmer Bill’, who claims that he owns “less than 1/4000 of the farmland”.

Bill Gates is now America’s biggest private farmland owner, says new report

Bill Gates is now America’s biggest private farmland owner, says new report

Additionally, Gates has a stake in more than 25,000 acres of transitional land on the west side of Phoenix that is being developed as a suburb. According to the Arizona Republic, plans for the suburb call for as many as 80,000 homes, 3,800 acres of industrial, official and retail space, 3,400 acres of open space and 470 acres for public schools.