A Missouri executive order aims to change the way foreign purchases of U.S. ag land is handled
The state of Missouri is continuing to change the way foreign purchases of ag land are handled.
A newly signed executive order requires landowners to tell the Missouri Department of AG before they sell to foreign individuals or companies.
Agriculture Director Chris Chinn tells Brownfield Ag News that they will begin emergency rule-making soon to provide more clarity and state lawmakers will consider adding more money for oversight.
Missouri limits foreign ownership to 1 percent of its land and it cannot be within a 10-mile radius of a military installation.