Missouri Gov. Mike Parson (R) issued an executive order banning businesses or individuals from nations designated as adversaries from purchasing farmland near military installations. “We are signing this order to safeguard our military and intelligence assets, prevent security threats to our state, and give Missourians greater peace of mind,” Parson said. The executive order specifically prohibits any citizen, resident or business from an adversarial nation from purchasing agricultural land within a 10-mile radius of critical military facilities in Missouri. Those countries include China, Cuba, Iran, North Korea, Russia and Venezuela. The order requires the Missouri Agriculture Department to approve any foreign acquisition of agricultural land in the state. It also requires certain information to be disclosed to the state before a foreign purchase. The order does not affect current landowners. Parson said the order will not impact foreign investment by U.S. allies like Israel, Sweden, Germany, the UK and Japan, among others.
Get more news and market insights from Pro Farmer that isn’t available online - view subscription options.
