https://www.npr.org/2019/05/27/723501793/american-soil-is-increasingly-foreign-owned
Saw this a little bit ago, interesting read.
Saw this a little bit ago, interesting read.
Who owns that farm you live by?
- Thread starter "J"
- Start date
It's everywhere....think about this when you look at that yota symbol every time you get behind the wheel
Everywhere but Appalachia. Even the foreigners know not to buy hillside farm ground! 
I sleep at night....It's everywhere....think about this when you look at that yota symbol every time you get behind the wheel
I also see a Mercedes emblem behind the wife’s steering wheel....
I sleep at night....
I also see a Mercedes emblem behind the wife’s steering wheel....
Beginning to think you may would have like to see WWII end differently.
Seriously though, if we make it thru WWIII, the dirt is still here in our homeland. I don't care who's name is on the paper or in the computer. That's if the nukes don't ruin everything.
And it's not just foreign buyers. Big investment companies in the States are snatching up land left and right, too. I don't see this as being much better than the foreign buyers. Bottom line is it's getting harder and harder for the average person to own good chunks of land and/or get into farming as a business. The yields just don't pay for the price of the land. People have to get creative if they want to make it work. Unfortunately I just don't see this happening very often. Get it while the getting is possible!
- 39,226
- 274
It's been the trend for a while now. Around here I bet the top 10 farmers farm over 50% of the county. Local guys but they've been gobbling up land and leases for decades. The natural progression is someone bigger than them doing the same. Far gone are most of the days of farming the ground one lives on. . I do somewhat find it strange that the article seemed to squarely lay the blame at the feet of the younger generations not wanting to farm and looking simply to cash out with no mention of the enormous expenses that modern farming requires.
Yep, same here. Unless someone inherits a huge sum of money or oodles of acres, I don't see how any Average Joe can get into farming their own land and making a decent living on it. Leasing ground for profit... Sure... But even that's a really tight margin. It's a big player's game these days that's for sure.
Can you blame them? Farm land is a solid investment. The ground itself has steadily increased even in the 70's and 80's when farming was terrible. If China or these other countries own too much of our debt and feel it will not be repaid. . . They buy real estate as an investment. Skyscrapers, and commercial real estate are also being bought by foreign countries. They see our dollar as worthless. They want our physical assets.
That's mainly all owned by Scioto Timber, which is foreign to me since they're not from Ohio or will they give you the time of day. Largest single land owner of OhioEverywhere but Appalachia. Even the foreigners know not to buy hillside farm ground!