
2. Netherlands (4,875,000 acres)
3. Italy (2,703,000 acres)
4. United Kingdom (2,538,000 acres)
5. Germany (2,269,000 acres)
6. Portugal (1,483,000 acres)
7. France (1,316,000 acres)
8. Denmark (856,000 acres)
9. Luxembourg (802,000 acres)
10. Ireland (760,000 acres)
China ranks number 18 and owns roughly 384,000 acres of U.S. agricultural land, according to a 2021 report from the Department of Agriculture. Of that, 195,000 acres, worth almost $2 billion when purchased, are owned by 85 Chinese investors, which could be individuals, companies or the government. The other 189,000 acres were worth $235 million when purchased and are owned by 62 U.S. corporations with Chinese shareholders. Chinese agricultural land ownership only increased about 550 acres from 2015 to 2019. Then, their ownership jumped 30% from 2019 (Forges.com) Chinese food manufacturer Fufeng Group bought 300 acres of land near Grand Forks, North Dakota, to set up a milling plant. The project is located about 20 minutes from the Grand Forks Air Force Base, raising national security concerns. (CNBC.COM) Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company at that time. Bourbon lovers might be surprised to learn that a large number of Kentucky favorites are owned by Japanese companies. Way back in 2014 Japan-based Suntory bought Jim Beam at a 25 percent premium over market value for $16 billion. That means the world's best-selling bourbon, Jim Beam, is actually owned by a Japanese company. Suntory also owns Maker's Mark, Knob Creek and Basil Hayden. If you have American land or business to sell, no worries, someone from China or another foreign country just might be interested.
He is the author of 13 books including Uncommom Sense, the Spiritual Chocolate series, Grandpa's Store, Minister's Guidebook insights from a fellow minister. His column is published weekly in over 600 publications in all 50 states. The views expressed are those of the author and are not necessarily representative of any other group or organization. We welcome comments and views from our readers. Submit your letters to the editor or commentary on a current event 24/7 to editor@oursentinel.com.