Grow upy, grow upy, grow upy. Then do your own homework and you too could linky linky linky:
Privately held Fondomonte California on Sunday announced that it bought 1,790 acres of farmland in Blythe,
California — an agricultural town along the Colorado River — for nearly $32 million. Two years ago, Fondomont’s parent company, Saudi food giant Almarai, purchased another 10,000 acres of farmland about 50 miles away in Vicksburg, Arizona, for around $48 million.
Saudi Arabia and other Persian Gulf countries are gobbling up farmland in drought-afflicted regions of the U.S. Southwest.
www.cnbc.com
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How much U.S. farmland is owned by China?
Chinese firms have expanded their presence in American agriculture over the last decade by snapping up farmland and purchasing major agribusinesses, like pork processing giant Smithfield Foods. By the start of 2020, Chinese owners controlled about
192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching and forestry, according to the Agriculture Department
Bipartisan pressure is building to stop foreign nationals from purchasing American farm operations and receiving taxpayer subsidies.
www.politico.com
Need more? Lots more? Because they aren't the only ones scooping up Hemisphere 1. Google it...
