Michigan ranks high for foreign-owned farmland
A new U.S. Department of Agriculture report found that foreign investors own nearly 10% of Michigan’s farmland. Foreign entities or U.S. companies with a “significant foreign interest” hold 1.9 million acres of agricultural land in the state, accounting for 8.8% of Michigan’s total farmland. That share ranks Michigan third-highest nationally for foreign-owned farmland, behind only Maine at 21.3% and Hawaii at 17.1%. Overall, foreign-owned land of all types in Michigan totals 1.95 million acres – or 5.4% of all Michigan’s acreage. Foreign ownership of U.S. agricultural ...





