Foreign buyers pay a premium for U.S. farmland, says analyst
An analysis of farmland sales in the Midwest and Plains states found foreign investors paid 13.7 percent more than American purchasers for comparable tracts, but the infrequent transactions did not affect land values overall, said Mykel Taylor, an associate professor of agricultural economics at Auburn University, on Tuesday. Foreign ownership is "pretty hot politically" as an issue, she said, and could result in the USDA becoming part of the powerful federal committee that decides if a foreign purchase poses a national security risk.