Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘farmland’

Alabama 3rd Most Foreign-Owned Farmland in USA

Posted by Warm Southern Breeze on Friday, December 17, 2021

THIS! is honest-to-goodness COUNTRY🥓BACON!!😋

In its uncooked state (this is cooked), it does NOT require refrigeration!

NONE of that mass-produced, factory-farmed, Made-in-China, Made-for-China gobbledygook.

You KNOW that Smithfield Foods has been OWNED BY THE CHINESE “Shuanghui Group” (now called “WH Group” because it sounds more “American,” you know) since 2013 and paid US$4.72B to buy the Smithfield, VA-based American company.

WH Group’s “global headquarters is strategically located in Hong Kong, with regional headquarters in China and the U.S.,” while the “Headquarters Shuanghui Development in Luohe, Henan Province,” China, and WH Group’s U.S. Headquarters of their Smithfield Foods division is in Smithfield, Virginia.

For more information see: WH-Group.com

For more information see: Shuanghui.net

For more information see: SmithfieldFoods.com

WH Group is also one of the LARGEST FOREIGN OWNERS of American farmland, with 146,000 acres and that separate sale was worth US$500M, according to the USDA.

Put another way, 146,000 acres is 228.1252 square miles… that’s nearly 20% (18.79% exactly) of the entire state of Rhode Island, which has 1214 square miles.

Unbridled greed in the extreme, aka AVARICE, is to blame. And Americans laws DO NOT FORBID, nor punish, such BAD BEHAVIOR. In fact, it’s REWARDED & ENCOURAGED.

Blame Congress — which has been bought & paid-for by Corporate lobbyists — for their FAILURE TO PROTECT AMERICAN DOMESTIC INTERESTS. THAT is a matter of NATIONAL SECURITY.

But let’s do something else. Let’s examine HOW MUCH U.S. land is owned, or controlled by, foreign interests.

Using a 1978 law — the Agricultural Foreign Investment Disclosure Act, which requires foreign entities to report farmland transactions to the USDA’s Farm Service Agency — the Midwest Center for Investigative Reporting examined USDA & other Federal data to determine how much land is owned/controlled by foreign interests.

They found that in 2016, foreign investors that year acquired at least 1.6M acres of U.S. farmland. And USDA data shows that either through direct ownership, or long-term leases, foreign investors control at least Read the rest of this entry »

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