The foreign ownership of agricultural land in the United States is a growing concern for many involved with the industry -- including U.S. farm groups and lawmakers.
Arkansas recently ordered the Chinese-owned seed company Syngenta to sell 160 acres of farmland in the state within the next two years.
Gov. Sarah Huckabee Sanders spoke with RFD-TV’s own Susan Alexander this Monday morning on the Market Day Report to explain Arkansas’s recently passed giving lawmakers greater authority to sanction foreign ag-land ownership within the state.
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“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
The review signals renewed scrutiny of China’s agricultural trade pledges and could reshape farm export opportunities depending on its outcome.
