Missouri Moves to Tighten Reins On Foreign Land Ownership

The Missouri Senate on Wednesday backed a plan to amend the state’s foreign land ownership threshold. The bill also includes a provision that would limit foreign countries from acquiring farmland in Missouri by Sept. 1.

The Office of Investment Security proposed a rule on Friday that would require foreign entities to garner U.S. government approval before they are able to purchase land within 100 miles of eight military bases.
The Office of Investment Security proposed a rule on Friday that would require foreign entities to garner U.S. government approval before they are able to purchase land within 100 miles of eight military bases.
(Farm Journal, Lindsey Pound)

Months after a Chinese company, Fufeng Group, was granted approval for a North Dakota land purchase in close proximity to a U.S. military base, foreign land ownership concerns are being raised on a local and national level.

The purchase set off alarms for other U.S. states to create legislative roadblocks for foreign land ownership within their borders. Missouri is the latest state to initiate the policy change.


Related story: China’s Latest Land Purchase Could Pose Major U.S. Security Risk


The Missouri Senate on Wednesday backed a plan to amend the state’s foreign land ownership threshold from 1% to 0.5%. The bill also includes a provision that would limit foreign countries—including China, Russia, Iran and North Korea—from acquiring farmland in Missouri by Sept. 1.

“We’re not going to allow for foreign ownership in the state of Missouri,” said Sen. Rick Brattin (R-31). “We have to draw a line in the sand today. It protects our sovereignty as a nation.”

While the vote passed 31-3, the bill’s opposers felt the legislation would breach property owner’s rights.

“I’m just a little lost here today as to how we have transformed this conversation of foreign entities owning our properties into the removal of individual rights,” said Lincoln Hough, (R-30). “I don’t want to disenfranchise property owners.”


Related story: Out-of-Country Farmland Investors: Here’s What The Numbers Show


Brattain offered a rebuttal, saying Hough is only looking to “muddy the waters.”

The bill comes following a 2013 measure that allowed Smithfield Foods—a Chinese-owned company—to own property in Missouri.

According to the Missouri Department of Ag, foreign land ownership in Missouri measures out to 0.36%, just shy of the 0.5% proposed limit. Of all of Missouri land, the department finds China owns roughly 42,596.

AgWeb-Logo crop
Related Stories
Don Roose of U.S. Commodities says wheat saw big gains early on the halt to exports in the Black Sea but could not hold at the highs. The corn and soybean market were lower on improving weather and served as an anchor.
Darin Newsom, senior market analyst for Barchart, Inc. says wheat was rallying Thursday as exports have been halted in three major Russian ports.
Mike Minor of Professional Ag Marketing says the rains will have a bigger impact on soybeans, which are leading the losses.
Read Next
As extreme drought fuels a fire that has jumped rivers and state lines, ranch families and volunteer fire crews are directing the flames away from ranches the best they can.
Get News Daily
Get Market Alerts
Get News & Markets App