Movement to ban Chinese farmland purchases near military bases gains steam in the Senate
Published On Mar 6, 2025, 2:52 PM
The U.S. Senate is advancing a bipartisan bill aimed at banning farmland purchases by China, Iran, and other adversaries near military bases. The new legislation would grant the Department of Agriculture oversight to block such purchases, elevating national security concerns regarding foreign investments in sensitive areas. The bill has support across party lines, with specific focus on stopping Chinese agricultural acquisitions, which have been perceived as a threat to U.S. security given that Chinese entities own significant farmland across the U.S.
Stock Forecasts
LAND
Positive
The proposed ban on foreign ownership of farmland, especially from China and other adversarial countries, can lead to increased domestic agricultural investment and price stability in U.S. farmland. Companies focused on agriculture and land ownership could benefit from strengthened protections and increased market confidence.
Related News
Inheritance tax: 'Betrayed' farmers take Budget protest to London
Nov 19, 2024, 2:43 AM
Organisers of Tuesday's protest warn some farmers now "have nothing to lose" in causing disruption.