Majestic Tree H
UKC Forum Member
Registered: Nov 2005
Location: New Market Va
Posts: 4670 |
You got to Remember that Alot of the Corn being grown may be by Foregin Owned Corp.s !!!!!! And Recieving US Subs. !!!
Its just not Mom and Pop growing on US soils
This is a Very Old Report and you can actualy X nearly 2 time now .. Exp. since Ethanol
Foreign ownership of U.S. agricultural land remained relatively steady from 1981
through 1995—slightly above or below 1 percent of the privately owned agricultural
land in the United States.
At the end of 1995, foreign persons owned 15.1 million acres—slightly more
than 1 percent of the 1.3 billion acres of privately owned U.S. agricultural land
(farm and forest land).
Forest land accounts for 49 percent of all foreign-owned acreage, cropland for
16 percent, pasture and other agricultural land for 32 percent, and nonagricultural
land for 3 percent.
Corporations own 72 percent of the foreign-held acreage, partnerships own 20
percent, and individuals own 6 percent. The remaining 2 percent is held by estates,
trusts, institutions, associations, and others.
About 56 percent of the reported foreign holdings involve land actually owned
by U.S. corporations. The law requires them to register their land holdings as foreign
if as little as 10 percent of their stock is held by foreign investors. The remaining 44
percent of the foreign-held land is owned by investors not affiliated with U.S. firms.
A total of 63 percent of foreign-held acreage is owned by investors (including
individuals, corporations, partnerships, etc.) from Canada, the United Kingdom,
Germany, Switzerland, the Netherlands Antilles, and the British Virgin Islands
(in descending rank order). Japanese investors own only 3 percent of foreign-owned
acreage.
Maine is the State with the largest number of acres (2,968,434) owned by foreign
persons. Foreign holdings in Maine account for 16 percent of that States’s privately
owned agricultural land and 20 percent of all the reported foreign-owned agricultural
land nationwide. Four companies own 91 percent of the foreign-held acres in Maine,
almost all in forest land. Two of these companies are Canadian, one is French, and
the fourth is a U.S. corporation that is partially Canadian owned.
Outside of Maine, foreign holdings are concentrated in the West and South,
containing 34 and 32 percent, respectively, of all reported foreign holdings of U.S.
agricultural land.
These findings are based on reports submitted to USDA under the Agricultural
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Last edited by Majestic Tree H on 06-22-2011 at 06:48 PM
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06-22-2011 03:06 AM
