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Foreign investors own 37.6 million acres of U.S. agricultural land, which is 2.9% of all privately held agricultural land and 1.7% of all U.S. land.
Europeans argue that the act is a beggar-thy-neighbor scheme designed to lure investors away from Europe, just as the region’s economy teeters on the verge of recession.
Markets are mixed early. Can corn and wheat recover after technical damage or will funds sell more? Soybeans up on easing China COVID policy. What’s ahead for cattle? Kevin Duling of KD Investors has details.
While U.S. agriculture isn’t facing an existential threat, the same cannot be said for farmers abroad, particularly in the developing world.
How often do you soil test each of your fields?
According to Biden’s economic advisors, as many as 765,000 Americans — many union workers themselves — would have been put out of work in the first two weeks of shutdowns.
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