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Page 1: Foreign Holdings of U.S. Agricultural Land through
Page 2: Foreign Holdings of U.S. Agricultural Land through

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Foreign Holdings of U.S. Agricultural Land through December 31, 2019, by the Farm Service Agency and the Farm Production and Conservation Business Center, U.S. Department of Agriculture.

Abstract Foreign persons held an interest in nearly 35.2 million acres of U.S. agricultural land as of December 31, 2019. This is 2.7 percent of all privately held agricultural land and 1.5 percent of all land in the United States. These and other findings are based on an analysis of reports submitted in compliance with the Agricultural Foreign Investment Disclosure Act of 1978. Keywords: Agricultural land and foreign land holdings The electronic version of this publication is available at this web address: http://www.fsa.usda.gov/programs-and-services/economic-and-policy-analysis/afida/index

Page 3: Foreign Holdings of U.S. Agricultural Land through

ii

Contents Summary................................................................................................................................................. iii

Introduction .............................................................................................................................................. 1 Summary of the Act and Regulations ................................................................................................ 1 Definitions .......................................................................................................................................... 2

Analysis of Data Reported Under the Act ................................................................................................ 3

Holdings ............................................................................................................................................. 3 Concentration of Foreign Holdings of U.S. Agricultural Land .......................................................... 4 Country of Origin ............................................................................................................................... 4 Land Use ............................................................................................................................................ 5 Trends ................................................................................................................................................. 5

Figures: Figure 1, Proportion of Foreign-Held Agricultural Land to Privately Held Agricultural Land .............. 6 Figure 2, State Concentration of Foreign Holdings of Agricultural Land .............................................. 6 Figure 3, County Concentration of Foreign Holdings of Agricultural and Non-Agricultural Land ........ 7 Figure 4, County Concentration of Foreign Holdings of Crop Land ...................................................... 8 Figure 5, County Concentration of Foreign Holdings of Pasture Land ................................................... 9 Figure 6, County Concentration of Foreign Holdings of Forest Land .................................................. 10 Figure 7, Trends in Foreign Holdings of Agricultural Land by Type of Use for the Period 2009 – 2019 ............................................................................................................................ 11 Cumulative Activity Reports: Report 1, U.S. Agricultural Landholdings of Foreign Investors by State as of December 31, 2019 .... 12 Report 1A, Comparison of U.S. Agricultural Landholdings of Foreign Investors by State as of December 31, 2018 and December 31, 2019 ..................................................................................... 14 Report 1B, U.S. Agricultural and Non-Agricultural Landholdings by Country of Foreign Investor and by State ....................................................................................................................................... 15 Report 1C, U.S. Landholdings by Foreign Investors by Type of Land Use and by State ..................... 17 Report 2, U.S. Agricultural and Non-Agricultural Landholdings by Country of Foreign Investor and by State and County .................................................................................................................... 19 Report 3, U.S. Landholdings of Foreign Investors by Type of Land Use, and by State and County....................................................................................................................................... 113 Report 4, U.S. Agricultural and Non-Agricultural Investors, Parcels, Acres and Value by Country of Foreign Investor ............................................................................................................ 208 Report 5, Foreign Landholdings of U.S. Agricultural and Non-Agricultural Land by Country of Foreign Investor, and by U.S. Region ............................................................................................. 211 Report 6, Use of U.S. Agricultural Landholdings by Country of Foreign Investor ............................ 217 Annual Activity Reports: Report 7, U.S. Agricultural and Non-Agricultural Landholdings Annual Activity of Foreign Investors by State, January 1, 2019 through December 31, 2019 ................................................... 223 Report 8, U.S. Agricultural and Non-Agricultural Land Acquisitions by Country of Foreign Investor, January 1, 2019 through December 31, 2019 ................................................................... 224 Report 9, U.S. Agricultural and Non-Agricultural Land Dispositions by Country of Foreign Investor, January 1, 2019 through December 31, 2019 ................................................................... 225

Page 4: Foreign Holdings of U.S. Agricultural Land through

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Summary Foreign investors held an interest in nearly 35.2 million acres of U.S. agricultural land (forest land and farm land) as of December 31, 2019. This is an increase of nearly 3.4 million acres from the December 31, 2018 report, and represents 2.7 percent of all privately held agricultural land in the United States. These and other findings are based on information submitted to the U.S. Department of Agriculture in compliance with the Agricultural Foreign Investment Disclosure Act of 1978. Forest land accounted for 49 percent of all reported foreign-held acreage, cropland for 25 percent, pasture and other agricultural land for 24 percent, and non-agricultural land for 2 percent. Foreign holdings of U.S. agricultural land increased modestly from 2009 through 2015, increasing an average of 0.8 million per year. Since 2015, foreign holdings have increased an average of nearly 2.3 million acres annually, ranging from 0.8 million acres to 3.4 million acres per year.

Page 5: Foreign Holdings of U.S. Agricultural Land through

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Foreign Holdings of U.S. Agricultural Land Through December 31, 2019

Tricia Barnes, Mary Estep, Veronica Gray, Catherine Feather and Phil Sronce*

Introduction

Foreign individuals and entities reported holding an interest in nearly 35.2 million acres of U.S. agricultural land as of December 31, 2019.** This is 2.7 percent of all privately held U.S. agricultural land and 1.5 percent of all land in the United States (see fig. 1 for State-level detail). Summary of the Act and Regulations The Agricultural Foreign Investment Disclosure Act of 1978 (AFIDA),1 as implemented by the regulations,2 requires all foreign persons holding agricultural land as of February 1, 1979, to file a report of such holdings with the Secretary of Agriculture by August 1, 1979. All foreign persons who acquire or transfer an interest in agricultural land thereafter are required to report such transactions within 90 days of the date of acquisition or transfer. In addition, any foreign person who holds land that subsequently becomes or ceases to be agricultural land, or any person who holds agricultural land and subsequently becomes or ceases to be a foreign person, must also file a report within 90 days of such change. AFIDA specifies in detail the information to be supplied by the foreign person and provides that necessary additional information may be obtained by the Secretary. The information required to be reported consists of the legal name and address of the foreign person; citizenship, if an individual; if not an individual or a government, nature of the legal entity, including the entity's country of creation and principal place of business; type of interest; legal description; acreage; land use; purchase price or any other consideration given; intended use; where applicable, information about the representative of the foreign person; how the interest in the land was transferred; the relationship of the owner to the operator; type of rental agreement, if any; and the date the interest in the land was transferred. In the case of a disposition, the party disposing of the interest is also required to give the legal name and address of the purchaser. Any change in the legal name or address of the foreign person and other entities disclosed on the report form must also be reported within 90 days of such changes. Failure to comply with the AFIDA will subject the foreign person and/or other entities disclosed on the report to a civil penalty of up to 25 percent of the fair market value of the interest held in the land in question. In accordance with Section 7 of the AFIDA, completed report forms are available for public inspection in Washington, DC, within 10 days of receipt by the Secretary. Section 6 of the Act requires that every 6 months the Secretary transmit to each State copies of completed report forms for foreign-held interests in agricultural land in that State. *Tricia A. Barnes, Mary Estep and Veronica Gray, AFIDA Specialists, Economic and Policy Analysis Division, Farm Production and Conservation, Washington, D.C.; Catherine A. Feather, Branch Chief, Resource Economics Branch, Economic Policy and Analysis Division, Farm Production and Conservation Business Center, Washington, D.C.; and Phil Sronce, Branch Chief, Data Services Branch, Economic Policy and Analysis Division, Farm Production and Conservation Business Center, Washington, D.C.

** This publication contains data gathered from January 1, 2019 through December 31, 2019. 1 Pub. L. No. 95-460, 7 U.S.C. §§ 3501-3503, 3505-3508 (1988).

2 7 C.F.R. §§ 781.1-.6 (1994). See 7 C.F.R. §§ 2.21(b)(29), .27(a)(12), .65(a)(30), and .84(a)(7) (1994) for the delegation of authority.

Page 6: Foreign Holdings of U.S. Agricultural Land through

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Definitions For this report, the term "holdings" applies to all U.S. agricultural land interests held by foreign investors as of December 31, 2019. This term is used as the title for a subsequent section, which analyzes the reported data. “Agricultural land” as defined in the Act includes all land in the United States used for forestry production. Land used for forestry production means land exceeding 10 acres in size in which 10 percent is stocked by trees of any size including land that formerly had such tree cover and will be naturally or artificially regenerated. The regulations further define agricultural land as all land used for farming, ranching, or timber production if the tracts are more than 10 acres in size in the aggregate. Land which is currently idle, but last used within the past 5 years for farming, ranching, or timber production, must be reported. Tracts totaling 10 acres or less in the aggregate, and which produce annual gross receipts in excess of $1,000 from the sale of farm, ranch, forestry or timber products, must also be reported. AFIDA requires reporting "any interest" in the land other than a security interest (a mortgage or other debt-securing instrument). The regulations exempt leaseholds of less than 10 years' duration, contingent future interests, non-contingent future interests that do not become possessory upon termination of the present estate, non-agricultural easements and rights-of-way, and interests solely in mineral rights. A "foreign person," as defined in the Act, includes any individual who: (1) is not a citizen or national of the United States, (2) is not a citizen of the Northern Mariana Islands or the Trust Territory of the Pacific Islands, or (3) is not lawfully admitted into the United States for permanent residence. Foreign governments, entities which are created under the laws of, or have their principal place of business in a foreign country, and U.S. entities in which there is a significant foreign interest or substantial control are also defined as foreign persons under the Act. Any person who has been issued the Department of Homeland Security, U.S. Citizenship and Immigration Services “Alien Registration Receipt Card” (green card) is considered lawfully admitted for permanent residence and is exempt from the requirements of the Act. Individuals are defined as one person or a husband and wife. The "partnership" category includes all legally defined partnerships, joint ventures, and tenancies in common that include two or more persons who are not married. The term partnership does not differentiate between joint tenancies and tenancies in common. In the interest of simplicity and brevity, fine legal distinctions, however important in an individual case, are ignored. Each foreign entity holding an interest in U.S. agricultural land is required to file a report. Therefore, if two individuals hold an interest in land as a partnership, the partnership is to file one report as a partnership, with the partners' names, addresses, and citizenship listed on the FSA-153 form. Occasionally, however, two people file as individuals, each filing a separate report on the same land with a partial interest of, for example, 49 percent listed on each form. Because it is not always possible to distinguish separate reports for the same land, two such individuals cannot be differentiated from one partnership. This may occur when there is no legal partnership, but individuals hold an interest in the land as tenants in common. If they file together on one form, they are automatically considered a part-nership. If they file separately, they are generally considered individuals. Therefore, the data on the number of reported parcels should be used with caution, although there is no double-counting of acres. The Act is designed to impute foreign person status to certain U.S. entities holding direct and indirect interests in U.S. agricultural land. For purposes of the Act, this is accomplished by defining each successive link in a chain of U.S. entities containing foreign interests as a foreign person.

Page 7: Foreign Holdings of U.S. Agricultural Land through

3

However, only the foreign person who actually holds the direct (title) interest in the land (that is, the first layer or tier) is considered the reporting entity. This entity need not actually be foreign, but under the Act, is deemed a foreign person because another foreign person holds a significant interest or substantial control in the title owner. In some instances, the second tier also may not actually be foreign, but may be deemed foreign under the Act for the same reason. The regulations define "significant interest or sub-stantial control" to mean a 10-percent or more interest in the entity if held by a single foreign person or a group of foreign persons acting in concert, or a 50-percent or more interest if held by a group of foreign persons not acting in concert, none of whom individually holds a 10-percent or greater interest in that entity. Under the regulations, the reporting entity (other than an individual or government), whether domestic or foreign, is required to provide information (names, addresses, citizenship, and the nature of the entity, if any) on the second-tier investments; that is, all foreign persons holding a significant interest or substantial control in the reporting entity must report. In turn, a second-tier entity may be required to provide information about foreign persons who hold a significant interest or substantial control in that entity. When the foreign person is an individual from, or an entity created under the laws of, for example, Germany, the report is processed as "Germany." Where persons from many different countries hold direct and indirect interests in one piece of land, an attempt is made to identify the predominant country as the country of origin. When there is no predominant country, for example, an equal partnership between a Canadian and a German, the report is processed as a multiple foreign owner with no predominant country. The AFIDA procedures provide for land to be reported by parcels. All land held by the same entity, in the same manner (type of interest), located in one county, and acquired at the same time, is considered a parcel and is to be reported on a single form. Land does not have to be adjacent to be considered part of one parcel. This parcel concept is intended to ease the reporting burden. All parcels (and acres) for each land holder have been combined under said land holder. Therefore, the number of land holders is less than the number of parcels. However, because land holders do not always report their names in exactly the same way on each form, it is difficult to precisely associate these forms with one person or legal entity. Some foreign persons hold land in their own names and also hold interests in entities that hold other lands. These entities are treated as separate land holders. The AFIDA reporting requirements allow foreign persons 90 days to report their transactions to the U.S. Department of Agriculture (USDA), but not all transactions occurring in the 90 days preceding the closing date of the report are reported to USDA by that date. In some situations, reports are filed late and/or may be incomplete. This means that in some cases, the 2018 data, and also prior years’ data, may be understated and should be regarded as preliminary.

Analysis of Data Reported Under the Act Holdings Data in this section are derived from the reports filed by foreign persons who held an interest in U.S. agricultural and non-agricultural land as of December 31, 2019. To simplify the discussion, the data as of December 31, 2019, hereafter are referred to simply as ‘2019’. The total foreign-held U.S. agricultural acres as of December 31, 2018 were 31.8 million. The total foreign-held U.S. agricultural acres as of December 31, 2019 were nearly 35.2 million, resulting in an increase of nearly 3.4 million acres (report 1A).

Page 8: Foreign Holdings of U.S. Agricultural Land through

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Concentration of Foreign Holdings of U.S. Agricultural Land Foreign persons have reported acreage holdings in all 50 States and Puerto Rico3 (figs. 1 and 2). Except for Maine (described below), only a small percentage of privately held agricultural land in the other 49 States is held by foreign investors (report 1). Maine acreage aside, foreign investment in U.S. agricultural land is concentrated in the South and West. The state of Texas has the largest amount of foreign-held U.S. agricultural land with over 4.4 million acres (report 1). Maine has the second largest amount of foreign-held agricultural acres, with just over 3.3 million. Alabama has the third largest amount of foreign-held agricultural land with 1.8 million acres. In terms of percentages, approximately 18.9 percent of Maine’s privately held agricultural land is held by foreign investors; this is approximately 10 percent of the reported foreign-held agricultural land in the United States (report 1). Hawaii has the second largest percentage of foreign-held U.S. agricultural land, which is 9.2 percent of the privately held agricultural land in the state, and less than 1 percent of the reported foreign-held agricultural land in the United States. The majority of foreign-held agricultural land in Hawaii consists of pasture land while the bulk of Maine’s foreign held agriculture land is forest land (report 1C). Washington (6.9%), Alabama (6.1%) and Florida (5.8%) have the next largest percentages of reported foreign-held agricultural land within each of those states. States showing the largest increases in foreign-held agricultural acres in 2019 were Texas, with an increase of nearly 522,000 acres; Oklahoma, with an increase of a little over 445,000 acres; and Colorado, with an increase of over 370,000 acres (report 1A). Over 40% of the overall increase in acreage between 2018 and 2019 is attributed to these three states. These increases mostly reflect large purchases of forest land. Iowa is the only state showing a decrease of foreign-held agricultural acres; its 7,688-acre decline reflects long-term leaseholds which were terminated and the sale of various types of agricultural land. Note that some of the changes reflect reconciliation of past transactions and recording of late filings. The data reflected in Report 1 and Report 1A pertain to foreign land holdings of agricultural land, and do not include holdings of non-agricultural land. There are about 700,000 reported acres of foreign-held non-agricultural land. The remaining reports in this publication (reports 1B, 1C and reports 2-9) include the non-agricultural land category. County concentrations of foreign holdings of agricultural and non-agricultural land within the continental United States are shown in Figure 3. Country of Origin Canadian investors own the largest amount of reported foreign-held agricultural and non-agricultural land, with 29 percent, or 10.5 million acres (report 1B). Foreign persons from an additional four countries, the Netherlands with 14 percent, Italy with 7 percent, Germany with 6 percent, and the United Kingdom with 6 percent collectively held 11.7 million acres or 33 percent of the foreign-held acres in the United States. The remaining 13.6 million acres, or 38 percent, of all reported foreign-held agricultural and non-agricultural land, are held by various other countries. 3 Some states regulate foreign ownership of agricultural land, which may appear inconsistent with AFIDA reported acreage. Note that certain state regulations apply to both long term leases and land purchases, while in other states the restrictions apply only to land purchases. The timing of when state laws were enacted, issues associated with ownership tiers, and other factors may also explain differences.

Page 9: Foreign Holdings of U.S. Agricultural Land through

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Land Use Forty-nine percent of the reported foreign interest holdings of U.S. land are timber or forest, with cropland accounting for 25 percent of the total acres (report 1C). Foreign-held pasture and other agricultural land total 24 percent of all foreign interest holdings in the United States. The non-agricultural land category, which includes homesteads and roads, accounts for approximately 2 percent of the reported foreign-held acres in the United States. Land use figures should be used with caution because they reflect only information received at the time of processing and do not account for changes in land use that may have occurred subsequent to processing. County concentrations of foreign holdings of cropland, pasture land and forest land within the continental United States are shown in Figures 4 through 6.

Trends Foreign holdings of U.S. agricultural land increased modestly from 2009 through 2015, increasing an average of 0.8 million per year. Since 2015, foreign holdings have increased an average of nearly 2.3 million acres, ranging from 0.8 million acres to 3.4 million acres per year. The most significant acreage increases between 2009 and 2019 were in forest land, cropland and pasture (fig. 7). During this time period, forest land increased from roughly 13.1 million to 17.6 million acres, cropland increased from roughly 2.8 million to 9.1 million acres, and pasture land increased from approximately 4.6 million acres to about 6.9 million acres. The changes in pasture and cropland are mostly due to foreign-owned wind companies signing, as well as terminating, long-term leases on a large numbers of acres; however, the acres actually utilized by said companies are very few due to the small footprint of the wind towers erected on the land.

Page 10: Foreign Holdings of U.S. Agricultural Land through

6

Page 11: Foreign Holdings of U.S. Agricultural Land through

RI

Coun

ty Co

ncen

tratio

n of F

oreign

Hold

ings

of Ag

ricult

ural a

nd N

on-A

gricu

ltural

Land

as of

Dec

embe

r 31,

2019

Figur

e 3

Acres

1 - 20

,000

20,00

1 - 75

,000

75,00

1 - 20

0,000

200,0

01 - 4

50,00

045

0,001

- 1,99

7,168

Total

: 35,8

85,35

4 acre

s

7

Page 12: Foreign Holdings of U.S. Agricultural Land through

RI

Coun

ty Co

ncen

tratio

n of F

oreign

Hold

ings o

f Crop

Land

as of

Dec

embe

r 31,

2019

Figur

e 4

Acres

1 - 2,

000

2,001

- 10,0

0010

,001 -

30,00

030

,001 -

50,00

050

,001 -

190,6

83

Total

: 9,06

8,716

acres

8

Page 13: Foreign Holdings of U.S. Agricultural Land through

RI

Coun

ty Co

ncen

tratio

n of F

oreign

Hold

ings o

f Pas

ture L

and

as of

Dec

embe

r 31,

2019

Figur

e 5

Acres

1 - 2,

000

2,001

- 10,0

0010

,001 -

30,00

030

,001 -

50,00

050

,001 -

279,9

27

Total

: 6,93

5,029

acres

9

Page 14: Foreign Holdings of U.S. Agricultural Land through

RI

Coun

ty Co

ncen

tratio

n of F

oreign

Hold

ings o

f Fore

st La

ndas

of D

ecem

ber 3

1, 20

19Fig

ure 6

Acres

1 - 2,

000

2,001

- 10,0

0010

,001 -

30,00

030

,001 -

50,00

050

,001 -

1,97

1,361

Total

: 17,6

15,34

4 acre

s

10

Page 15: Foreign Holdings of U.S. Agricultural Land through

0

2

4

6

8

10

12

14

16

18

20

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

MillionAcres

Trends in Foreign Holdings of Agricultural Landby Type of Use for the Period 2009 - 2019

Forest Pasture Cropland Other Ag Non-Ag

Figure 7

Note: Data for 2010 forward is through December. All other years reflect data through February.

11

Page 16: Foreign Holdings of U.S. Agricultural Land through

State

Total LandArea of State

(Acres) 1/

Privately HeldAgricultural Land

(Acres) 2/ 3/

Foreign HeldAgricultural Land

(Acres)

Proportion ofForeign Held

to Privately HeldAgricultural Land

(Percent)

Report 1 U.S. Agricultural Landholdings of Foreign Investors

By State as of December 31, 2019

Alabama 32,476,160 28,760,792 1,756,180 6.1

Alaska 366,048,640 57,446,991 270,325 0.5

Arizona 72,726,400 7,833,746 282,890 3.6

Arkansas 33,323,520 28,129,519 1,105,014 3.9

California 99,813,760 41,823,058 1,096,042 2.6

Colorado 66,379,520 36,521,116 1,480,872 4.1

Connecticut 3,100,800 1,516,094 1,861 0.1

Delaware 1,250,560 920,172 2,814 0.3

Florida 34,513,280 21,849,568 1,266,436 5.8

Georgia 37,059,840 30,823,101 1,090,729 3.5

Hawaii 4,110,720 1,803,038 166,424 9.2

Idaho 52,958,080 15,889,108 117,265 0.7

Illinois 35,573,760 30,536,400 635,395 2.1

Indiana 22,954,880 19,752,052 324,012 1.6

Iowa 35,756,160 33,340,369 386,597 1.2

Kansas 52,361,600 49,188,971 937,964 1.9

Kentucky 25,425,920 22,089,269 78,631 0.4

Louisiana 27,879,680 23,870,712 1,372,479 5.7

Maine 19,751,680 17,955,835 3,389,160 18.9

Maryland 6,255,360 4,260,408 51,391 1.2

Massachusetts 5,017,600 2,306,458 4,796 0.2

Michigan 36,354,560 24,098,445 1,341,170 5.6

Minnesota 50,950,400 34,530,621 520,741 1.5

Mississippi 30,020,480 26,201,244 720,412 2.7

Missouri 44,087,040 36,030,827 345,658 1.0

Montana 93,153,280 54,197,503 800,086 1.5

Nebraska 49,198,080 45,610,153 517,613 1.1

Nevada 70,288,640 9,753,158 508,142 5.2

New Hampshire 5,739,520 4,251,738 16,835 0.4

New Jersey 4,746,880 1,969,337 14,441 0.7

New Mexico 77,667,840 33,526,570 1,176,637 3.5

New York 30,216,960 22,328,715 677,153 3.0

North Carolina 31,175,040 25,115,607 507,445 2.0

North Dakota 44,144,640 38,548,498 302,715 0.8

Ohio 26,206,720 21,566,008 485,433 2.3

Oklahoma 43,946,880 38,326,752 1,145,797 3.0

Oregon 61,438,080 25,420,956 1,215,126 4.8

Pennsylvania 28,682,880 20,388,401 331,215 1.6

Puerto Rico 0 0 2,866 0.0

Rhode Island 668,800 307,509 15 0.0

South Carolina 19,269,760 15,570,166 481,475 3.1

South Dakota 48,566,400 37,939,910 306,601 0.8

1/

2/

3/

NA = Not available. NEG = Negligible

Approximate land area as established by the Bureau of the Census in conjunction with the 2000 Census of Population (U.S. Department of Commerce).

Preliminary estimate based on unpublished data, Ruben Lubowski, U.S. Dept. Ag., Econ. Res. Serv., 2002.

Total land area minus Federal, State, County and Municipal; Indian Trust; rural transportation; and urban lands. Includes forest land, pasture land, cropland, range, and miscellaneous land. Estimates of urban and rural transportation lands are from U.S. Dept. Ag., Econ. Res. Serv., 2006, and estimates of Federal and other public lands are from Gen. Serv. Adm., 2001, and Natrl. Resr. Conv. Serv., 2000 respectively.

12

Page 17: Foreign Holdings of U.S. Agricultural Land through

State

Total LandArea of State

(Acres) 1/

Privately HeldAgricultural Land

(Acres) 2/ 3/

Foreign HeldAgricultural Land

(Acres)

Proportion ofForeign Held

to Privately HeldAgricultural Land

(Percent)

Report 1 U.S. Agricultural Landholdings of Foreign Investors

By State as of December 31, 2019

Tennessee 26,378,880 21,324,793 422,016 2.0

Texas 167,550,080 153,626,848 4,432,142 2.9

Utah 52,572,160 11,438,482 119,192 1.0

Vermont 5,920,000 5,029,649 81,634 1.6

Virginia 25,340,160 20,577,489 235,350 1.1

Washington 42,588,160 22,014,053 1,520,603 6.9

West Virginia 15,409,920 13,238,151 245,119 1.9

Wisconsin 34,758,400 25,855,696 476,241 1.8

Wyoming 62,144,000 25,067,954 396,352 1.6

2,263,922,560 1,290,472,010 35,163,501 2.7TOTAL

1/

2/

3/

NA = Not available. NEG = Negligible

Approximate land area as established by the Bureau of the Census in conjunction with the 2000 Census of Population (U.S. Department of Commerce).

Preliminary estimate based on unpublished data, Ruben Lubowski, U.S. Dept. Ag., Econ. Res. Serv., 2002.

Total land area minus Federal, State, County and Municipal; Indian Trust; rural transportation; and urban lands. Includes forest land, pasture land, cropland, range, and miscellaneous land. Estimates of urban and rural transportation lands are from U.S. Dept. Ag., Econ. Res. Serv., 2006, and estimates of Federal and other public lands are from Gen. Serv. Adm., 2001, and Natrl. Resr. Conv. Serv., 2000 respectively.

13

Page 18: Foreign Holdings of U.S. Agricultural Land through

State Foreign HeldAgricultural LandDecember 2018

(Acres)

Foreign HeldAgricultural LandDecember 2019

(Acres)

Difference inAcreage Between

2018 and 2019(Acres)

Report 1A Comparison of U.S. Agricultural Landholdings of Foreign Investors

By State as of December 31, 2018 and December 31, 2019

Alabama 1,656,522 1,756,180 99,658

Alaska 270,325 270,325 0

Arizona 266,785 282,890 16,105

Arkansas 1,099,659 1,105,014 5,355

California 1,088,289 1,096,042 7,753

Colorado 1,110,761 1,480,872 370,110

Connecticut 1,687 1,861 174

Delaware 2,814 2,814 0

Florida 1,266,396 1,266,436 40

Georgia 1,073,959 1,090,729 16,769

Hawaii 166,421 166,424 3

Idaho 117,265 117,265 0

Illinois 566,642 635,395 68,753

Indiana 286,481 324,012 37,531

Iowa 394,285 386,597 -7,688

Kansas 786,943 937,964 151,021

Kentucky 71,104 78,631 7,527

Louisiana 1,362,754 1,372,479 9,725

Maine 3,300,220 3,389,160 88,940

Maryland 51,349 51,391 42

Massachusetts 4,796 4,796 0

Michigan 1,315,568 1,341,170 25,602

Minnesota 443,346 520,741 77,395

Mississippi 656,942 720,412 63,470

Missouri 320,157 345,658 25,501

Montana 697,590 800,086 102,496

Nebraska 159,869 517,613 357,743

Nevada 508,142 508,142 0

New Hampshire 16,835 16,835 0

New Jersey 14,441 14,441 0

New Mexico 1,048,220 1,176,637 128,417

New York 543,553 677,153 133,600

North Carolina 504,011 507,445 3,434

North Dakota 215,417 302,715 87,298

Ohio 437,703 485,433 47,730

Oklahoma 700,774 1,145,797 445,023

Oregon 1,063,930 1,215,126 151,196

Pennsylvania 306,058 331,215 25,157

Puerto Rico 2,866 2,866 0

Rhode Island 15 15 0

South Carolina 473,904 481,475 7,571

South Dakota 131,217 306,601 175,384

Tennessee 367,743 422,016 54,272

Texas 3,910,727 4,432,142 521,414

Utah 116,903 119,192 2,290

Vermont 81,634 81,634 0

Virginia 232,627 235,350 2,724

Washington 1,505,116 1,520,603 15,487

West Virginia 245,119 245,119 0

Wisconsin 465,176 476,241 11,065

Wyoming 396,352 396,352 0

31,827,413 35,163,501 3,336,088TOTAL

14

Page 19: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

ingd

om

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15

Page 20: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

ingd

om

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16

Page 21: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Acr

es in

Cro

pla

nd

Acr

es in

Pas

ture

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es in

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17

Page 22: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Acr

es in

Cro

pla

nd

Acr

es in

Pas

ture

Acr

es in

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18

Page 23: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

ingd

om

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cres

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Page 24: Foreign Holdings of U.S. Agricultural Land through

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Page 25: Foreign Holdings of U.S. Agricultural Land through

Stat

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Page 26: Foreign Holdings of U.S. Agricultural Land through

Stat

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Can

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Net

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22

Page 27: Foreign Holdings of U.S. Agricultural Land through

Stat

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Page 28: Foreign Holdings of U.S. Agricultural Land through

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Page 29: Foreign Holdings of U.S. Agricultural Land through

Stat

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25

Page 30: Foreign Holdings of U.S. Agricultural Land through

Stat

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Net

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Page 31: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

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Can

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Net

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27

Page 32: Foreign Holdings of U.S. Agricultural Land through

Stat

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28

Page 33: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

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Can

ada

Net

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lan

ds

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29

Page 34: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

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Can

ada

Net

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30

Page 35: Foreign Holdings of U.S. Agricultural Land through

Stat

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Net

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Page 36: Foreign Holdings of U.S. Agricultural Land through

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32

Page 37: Foreign Holdings of U.S. Agricultural Land through

Stat

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ada

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lan

ds

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nit

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33

Page 38: Foreign Holdings of U.S. Agricultural Land through

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34

Page 39: Foreign Holdings of U.S. Agricultural Land through

Stat

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ada

Net

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lan

ds

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35

Page 40: Foreign Holdings of U.S. Agricultural Land through

Stat

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Net

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36

Page 41: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

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Can

ada

Net

her

lan

ds

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37

Page 42: Foreign Holdings of U.S. Agricultural Land through

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38

Page 43: Foreign Holdings of U.S. Agricultural Land through

Stat

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Page 44: Foreign Holdings of U.S. Agricultural Land through

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41

Page 46: Foreign Holdings of U.S. Agricultural Land through

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Net

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Page 47: Foreign Holdings of U.S. Agricultural Land through

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Page 48: Foreign Holdings of U.S. Agricultural Land through

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Page 49: Foreign Holdings of U.S. Agricultural Land through

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ls:

45

Page 50: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

ingd

om

Ger

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po

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U.S

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54

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46

Page 51: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

ingd

om

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Stat

e To

tals

:

47

Page 52: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

ingd

om

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tch

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48

Page 53: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

ingd

om

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man

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ll O

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Re

po

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on

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48

Stat

e To

tals

:

49

Page 54: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

ame

Can

ada

Net

her

lan

ds

Ital

y U

nit

edK

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Page 55: Foreign Holdings of U.S. Agricultural Land through

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Page 56: Foreign Holdings of U.S. Agricultural Land through

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52

Page 57: Foreign Holdings of U.S. Agricultural Land through

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Page 58: Foreign Holdings of U.S. Agricultural Land through

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Page 59: Foreign Holdings of U.S. Agricultural Land through

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Page 60: Foreign Holdings of U.S. Agricultural Land through

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Page 61: Foreign Holdings of U.S. Agricultural Land through

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Page 62: Foreign Holdings of U.S. Agricultural Land through

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58

Page 63: Foreign Holdings of U.S. Agricultural Land through

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Page 64: Foreign Holdings of U.S. Agricultural Land through

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60

Page 65: Foreign Holdings of U.S. Agricultural Land through

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Page 66: Foreign Holdings of U.S. Agricultural Land through

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Page 67: Foreign Holdings of U.S. Agricultural Land through

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Page 68: Foreign Holdings of U.S. Agricultural Land through

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Page 69: Foreign Holdings of U.S. Agricultural Land through

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Page 70: Foreign Holdings of U.S. Agricultural Land through

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Page 71: Foreign Holdings of U.S. Agricultural Land through

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Page 72: Foreign Holdings of U.S. Agricultural Land through

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Page 73: Foreign Holdings of U.S. Agricultural Land through

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Page 74: Foreign Holdings of U.S. Agricultural Land through

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Page 75: Foreign Holdings of U.S. Agricultural Land through

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Page 77: Foreign Holdings of U.S. Agricultural Land through

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Page 78: Foreign Holdings of U.S. Agricultural Land through

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Page 79: Foreign Holdings of U.S. Agricultural Land through

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Page 80: Foreign Holdings of U.S. Agricultural Land through

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Page 81: Foreign Holdings of U.S. Agricultural Land through

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Page 82: Foreign Holdings of U.S. Agricultural Land through

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Page 83: Foreign Holdings of U.S. Agricultural Land through

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Page 85: Foreign Holdings of U.S. Agricultural Land through

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Page 87: Foreign Holdings of U.S. Agricultural Land through

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Page 88: Foreign Holdings of U.S. Agricultural Land through

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Page 89: Foreign Holdings of U.S. Agricultural Land through

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85

Page 90: Foreign Holdings of U.S. Agricultural Land through

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86

Page 91: Foreign Holdings of U.S. Agricultural Land through

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Page 96: Foreign Holdings of U.S. Agricultural Land through

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Page 106: Foreign Holdings of U.S. Agricultural Land through

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Page 107: Foreign Holdings of U.S. Agricultural Land through

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Page 108: Foreign Holdings of U.S. Agricultural Land through

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Page 109: Foreign Holdings of U.S. Agricultural Land through

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Page 110: Foreign Holdings of U.S. Agricultural Land through

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Page 111: Foreign Holdings of U.S. Agricultural Land through

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Page 112: Foreign Holdings of U.S. Agricultural Land through

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Page 113: Foreign Holdings of U.S. Agricultural Land through

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lan

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Page 114: Foreign Holdings of U.S. Agricultural Land through

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lan

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Page 115: Foreign Holdings of U.S. Agricultural Land through

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ada

Net

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lan

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111

Page 116: Foreign Holdings of U.S. Agricultural Land through

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Page 117: Foreign Holdings of U.S. Agricultural Land through

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Acr

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113

Page 118: Foreign Holdings of U.S. Agricultural Land through

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Page 119: Foreign Holdings of U.S. Agricultural Land through

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Page 120: Foreign Holdings of U.S. Agricultural Land through

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Page 121: Foreign Holdings of U.S. Agricultural Land through

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Page 122: Foreign Holdings of U.S. Agricultural Land through

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Page 123: Foreign Holdings of U.S. Agricultural Land through

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Page 125: Foreign Holdings of U.S. Agricultural Land through

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Page 127: Foreign Holdings of U.S. Agricultural Land through

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Page 128: Foreign Holdings of U.S. Agricultural Land through

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Page 129: Foreign Holdings of U.S. Agricultural Land through

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Page 131: Foreign Holdings of U.S. Agricultural Land through

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Page 138: Foreign Holdings of U.S. Agricultural Land through

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Page 139: Foreign Holdings of U.S. Agricultural Land through

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Page 140: Foreign Holdings of U.S. Agricultural Land through

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136

Page 141: Foreign Holdings of U.S. Agricultural Land through

Stat

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Page 142: Foreign Holdings of U.S. Agricultural Land through

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Page 143: Foreign Holdings of U.S. Agricultural Land through

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Page 146: Foreign Holdings of U.S. Agricultural Land through

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Page 148: Foreign Holdings of U.S. Agricultural Land through

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Page 149: Foreign Holdings of U.S. Agricultural Land through

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Page 154: Foreign Holdings of U.S. Agricultural Land through

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Page 157: Foreign Holdings of U.S. Agricultural Land through

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pla

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153

Page 158: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

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Acr

es in

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pla

nd

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154

Page 159: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

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Acr

es in

Cro

pla

nd

Acr

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ture

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155

Page 160: Foreign Holdings of U.S. Agricultural Land through

Stat

eN

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Acr

es in

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pla

nd

Acr

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Page 161: Foreign Holdings of U.S. Agricultural Land through

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Page 168: Foreign Holdings of U.S. Agricultural Land through

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Page 174: Foreign Holdings of U.S. Agricultural Land through

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Page 176: Foreign Holdings of U.S. Agricultural Land through

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Page 177: Foreign Holdings of U.S. Agricultural Land through

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Page 178: Foreign Holdings of U.S. Agricultural Land through

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Page 179: Foreign Holdings of U.S. Agricultural Land through

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Page 180: Foreign Holdings of U.S. Agricultural Land through

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Page 181: Foreign Holdings of U.S. Agricultural Land through

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Page 182: Foreign Holdings of U.S. Agricultural Land through

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Page 185: Foreign Holdings of U.S. Agricultural Land through

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Page 187: Foreign Holdings of U.S. Agricultural Land through

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Page 188: Foreign Holdings of U.S. Agricultural Land through

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Page 189: Foreign Holdings of U.S. Agricultural Land through

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Page 190: Foreign Holdings of U.S. Agricultural Land through

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Page 193: Foreign Holdings of U.S. Agricultural Land through

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Page 195: Foreign Holdings of U.S. Agricultural Land through

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Page 197: Foreign Holdings of U.S. Agricultural Land through

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Page 201: Foreign Holdings of U.S. Agricultural Land through

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Page 208: Foreign Holdings of U.S. Agricultural Land through

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Page 209: Foreign Holdings of U.S. Agricultural Land through

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Page 210: Foreign Holdings of U.S. Agricultural Land through

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206

Page 211: Foreign Holdings of U.S. Agricultural Land through

Country ofForeign Investor

Number ofInvestors

Number ofParcels Total Acres

Total Value($1,000) 1/

Report 4 U.S. Agricultural and NonAgricultural Investors, Parcels, Acres and Value

by Country of Foreign Investor as of December 31, 2019

Argentina 65 89 68,821 320,279

Australia 57 88 97,925 155,672

Austria 63 126 158,609 108,308

Bahamas 38 53 54,786 87,402

Belgium 103 160 237,020 122,059

Belize 6 9 1,183 2,626

Bermuda 47 56 29,003 44,017

Bolivia 2 2 11 47

Brazil 16 28 13,527 22,625

Cambodia 3 5 572 82

Canada 1,673 6,393 7,485,081 5,582,776

Cayman Islands 49 88 608,543 833,413

Channel Islands 6 12 4,542 57,018

Chile 8 12 2,507 9,005

China 81 263 191,652 1,858,079

Colombia 40 54 11,990 23,228

Cook Islands 12 24 14,515 104,290

Costa Rica 8 10 13,835 12,212

Cote D'ivoire 1 1 119 100

Croatia 1 1 160 115

Cuba 3 4 58 1,374

Cyprus 1 3 567 6,064

Czech Republic 2 2 347 27

Denmark 41 156 436,260 702,709

Dominican Republic 3 3 29 128

Ecuador 19 25 481 6,334

Egypt 17 18 17,645 54,450

El Salvador 5 5 406 1,495

Finland 1 1 80 119

France 181 670 643,093 1,316,876

Gambia 1 1 294 118

Germany 1,124 2,395 1,193,674 4,088,552

Gibraltar 3 4 678 5,118

Greece 16 22 61,882 15,573

Guatemala 13 14 5,870 20,974

Guyana 1 1 35 180

Honduras 13 14 1,063 6,912

Hong Kong 62 81 11,909 46,607

Hungary 1 1 103 80

India 21 23 3,034 7,128

Indonesia 2 2 718 655

Iran (Islamic Republic Of) 22 25 2,463 6,906

Ireland 32 241 85,563 137,432

Israel 10 13 2,097 12,632

Italy 274 7,469 2,462,362 5,154,915

Jamaica 4 4 567 470

Japan 142 222 279,628 812,657

Jordan 17 22 1,874 15,306

Kenya 1 1 91 256

Korea, Republic of 27 28 2,925 14,682

Kuwait 10 15 19,822 11,888

207

Page 212: Foreign Holdings of U.S. Agricultural Land through

Country ofForeign Investor

Number ofInvestors

Number ofParcels Total Acres

Total Value($1,000) 1/

Report 4 U.S. Agricultural and NonAgricultural Investors, Parcels, Acres and Value

by Country of Foreign Investor as of December 31, 2019

Laos 1 1 31 208

Lebanon 30 39 10,449 18,727

Liberia 13 15 8,985 8,426

Liechtenstein 108 176 123,262 256,038

Lithuania 1 1 27 32

Luxembourg 32 119 499,964 1,005,088

Malaysia 10 15 9,438 26,854

Mauritius 1 1 622 14,722

Mexico 272 364 268,493 184,632

Morocco 1 4 875 9,745

Namibia 1 2 106 703

Nepal 2 6 5,357 3,354

Netherlands 715 1,386 4,449,524 6,083,102

Netherlands Antilles 1 1 17,110 2,262

New Zealand 17 62 35,245 1,631,628

Nicaragua 3 4 1,378 3,174

Norway 17 17 4,981 6,306

Oman 2 5 454 2,478

Pakistan 9 12 1,677 2,222

Panama 115 146 110,893 173,899

Peru 20 21 388 1,426

Philippines 31 40 3,760 7,262

Poland 5 7 3,655 3,814

Portugal 120 955 1,484,851 3,218,254

Russian Federation 5 8 834 3,036

Saint Vincent and the Grenadines 2 4 2,637 4,056

Saudi Arabia 44 56 18,586 163,748

Singapore 11 12 3,140 11,348

Somalia 1 1 11 28

South Africa 16 18 10,732 215,089

Spain 57 199 257,153 466,961

State of Palestine 1 1 11,421 9,127

Sweden 60 115 186,241 310,421

Switzerland 372 544 297,069 364,682

Syrian Arab Republic 6 7 2,574 4,147

Tanzania, United Republic of 1 1 59 649

Thailand 8 10 1,785 12,604

Trinidad and Tobago 3 3 94 371

Turkey 1 1 38 145

Turks and Caicos Islands 9 13 3,292 3,283

United Arab Emirates 13 43 46,496 373,765

United Kingdom 412 966 1,177,251 2,224,836

United States 3 5 1,715 5,839

Uruguay 12 19 41,889 123,043

Uzbekistan 1 1 40 420

Venezuela 100 169 27,138 108,169

Viet Nam 1 1 152 930

Virgin Islands (British) 57 88 82,315 146,771

Zimbabwe 1 1 230 80

998 - No Foreign Investor Listed 148 671 730,030 5,902,519

999 - No Predominant Country Code 100 208 717,170 1,042,674

208

Page 213: Foreign Holdings of U.S. Agricultural Land through

Country ofForeign Investor

Number ofInvestors

Number ofParcels Total Acres

Total Value($1,000) 1/

Report 4 U.S. Agricultural and NonAgricultural Investors, Parcels, Acres and Value

by Country of Foreign Investor as of December 31, 2019

7,320 25,523 24,891,634 45,955,067Subtotal 2/

US/Andorra 1 1 3,741 1,300

US/Argentina 9 15 4,922 10,138

US/Australia 24 49 17,847 46,145

US/Austria 21 113 23,427 33,517

US/Bahamas 19 43 42,050 79,383

US/Barbados 1 2 82 739

US/Belgium 34 281 118,976 174,150

US/Belize 1 2 252 660

US/Bermuda 19 51 14,413 13,242

US/Brazil 8 65 16,294 44,415

US/Canada 401 1,740 3,034,063 4,085,617

US/Cayman Islands 17 45 37,245 68,695

US/Channel Islands 2 10 1,268 6,296

US/Chile 2 4 9,948 1,374

US/China 62 84 55,616 80,957

US/Colombia 16 32 27,575 55,464

US/Cook Islands 1 3 797 7,078

US/Costa Rica 4 4 1,092 7,246

US/Denmark 22 55 363,994 377,650

US/Dominican Republic 1 1 589 825

US/Ecuador 4 4 2,082 3,335

US/Egypt 6 19 3,061 5,913

US/El Salvador 2 2 52 638

US/Finland 9 119 227,018 83,114

US/France 149 958 596,029 764,765

US/Germany 281 1,146 865,923 1,130,987

US/Greece 4 5 5,389 66,530

US/Guatemala 2 3 412 1,018

US/Guyana 2 3 1,012 4,819

US/Honduras 1 1 37 825

US/Hong Kong 20 25 130,694 42,952

US/India 6 15 4,496 18,725

US/Indonesia 20 62 8,515 132,829

US/Iran (Islamic Republic Of) 5 6 1,861 5,509

US/Iraq 1 1 800 560

US/Ireland 22 113 673,700 292,231

US/Israel 4 5 505 12,225

US/Italy 42 78 93,855 95,144

US/Japan 239 450 355,542 2,087,039

US/Jordan 2 2 284 6,500

US/Kenya 1 1 32 360

US/Korea, Republic of 6 8 938 11,675

US/Kuwait 6 12 7,558 11,994

US/Lebanon 4 5 411 1,451

US/Liberia 14 17 45,683 16,815

US/Libyan Arab Jamahiriya 2 3 280 2,500

US/Liechtenstein 50 87 70,417 103,899

US/Luxembourg 31 58 285,044 798,832

209

Page 214: Foreign Holdings of U.S. Agricultural Land through

Country ofForeign Investor

Number ofInvestors

Number ofParcels Total Acres

Total Value($1,000) 1/

Report 4 U.S. Agricultural and NonAgricultural Investors, Parcels, Acres and Value

by Country of Foreign Investor as of December 31, 2019

US/Malaysia 3 7 5,775 10,248

US/Malta 1 1 500 750

US/Mexico 68 143 414,466 988,879

US/Netherlands 218 522 495,726 745,911

US/New Zealand 3 4 49,403 4,026

US/Nicaragua 1 2 282 397

US/Norway 7 47 13,279 36,439

US/Pakistan 1 1 423 485

US/Panama 52 69 49,522 72,336

US/Paraguay 1 1 236 270

US/Peru 1 1 100 280

US/Philippines 10 11 6,863 3,692

US/Portugal 3 4 7,166 3,270

US/Qatar 1 1 219 2,180

US/Saudi Arabia 28 58 17,393 103,777

US/Singapore 9 127 109,850 314,742

US/South Africa 7 10 9,818 23,521

US/Spain 31 107 44,753 54,656

US/Sweden 15 42 171,340 1,495,567

US/Switzerland 214 484 369,043 406,210

US/Thailand 3 6 2,486 5,966

US/Trinidad and Tobago 1 1 20 200

US/Turkey 1 3 443 360

US/United Arab Emirates 2 4 1,250 2,920

US/United Kingdom 255 744 996,563 1,244,028

US/Uruguay 2 2 655 960

US/Vanuatu 1 1 883 1,790

US/Venezuela 38 57 61,560 65,024

US/Viet Nam 1 1 11 10,100

US/Virgin Islands (British) 20 41 287,965 74,007

US/998 - No Foreign Investor Listed 50 166 429,839 639,733

US/999 - No Predominant Country Code 68 151 290,063 421,772

2,716 8,627 10,993,720 17,532,569Subtotal 3/

10,036 34,150 35,885,354 63,487,637Total All Landholdings

1/ Value is the actual purchase price or the estimated value at the time of acquisition.

2/ Total interests excluding U.S. corporations with foreign shareholders.

3/ Total interests of U.S. corporations with foreign shareholders.

210

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211

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212

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213

Page 218: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rP

arce

lsA

cres

Par

cels

Acr

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214

Page 219: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rP

arce

lsA

cres

Par

cels

Acr

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215

Page 220: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rP

arce

lsA

cres

Par

cels

Acr

esP

arce

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ings

3/

Sou

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egio

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L, A

R, F

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A, M

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: CT,

DE,

ME,

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t R

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L, IN

, IA

, KS,

MI,

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, NE,

ND

, OH

, SD

, WI.

216

Page 221: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rC

rop

lan

dP

astu

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rest

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217

Page 222: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rC

rop

lan

dP

astu

reFo

rest

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5,8

51

24

,18

82

10

,91

52

2,9

12

2,4

62

,36

2

Jam

aica

02

91

02

73

35

67

Jap

an3

2,6

41

14

6,2

83

3,7

60

10

,46

18

6,4

83

27

9,6

28

Jord

an3

74

85

22

73

27

21

03

1,8

74

Ken

ya0

91

00

09

1

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rea,

Rep

ub

lic o

f1

,37

97

83

63

1,0

86

19

2,9

25

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wai

t8

01

18

,61

83

23

67

13

19

,82

2

Lao

s0

16

10

50

31

Leb

ano

n3

,45

43

,21

61

,06

71

,74

99

63

10

,44

9

Lib

eria

1,0

62

2,6

35

4,2

98

83

01

60

8,9

85

Liec

hte

nst

ein

66

,59

83

6,7

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9,8

64

6,8

35

3,2

05

12

3,2

62

Lith

uan

ia4

02

30

02

7

Luxe

mb

ou

rg9

,96

49

,69

44

78

,67

01

,52

81

07

49

9,9

64

Mal

aysi

a2

,10

87

,29

13

07

29

,43

8

Mau

riti

us

00

00

62

26

22

Mex

ico

32

,11

02

21

,12

42

,99

55

,06

67

,19

82

68

,49

3

Mo

rocc

o3

03

83

74

82

08

75

Nam

ibia

10

20

00

41

06

Nep

al1

00

5,2

37

81

11

5,3

57

Net

her

lan

ds

21

6,5

50

13

2,2

22

3,9

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,94

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9,4

43

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0,3

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49

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4

Net

her

lan

ds

An

tille

s0

7,5

40

00

9,5

70

17

,11

0

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Zea

lan

d4

,03

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6,0

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3,1

19

1,6

73

37

93

5,2

45

Nic

arag

ua

09

70

24

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01

00

1,3

78

No

rway

3,1

95

1,2

10

19

71

46

23

34

,98

1

Om

an1

20

12

61

26

43

39

45

4

Pak

ista

n1

,43

81

92

14

03

31

,67

7

Pan

ama

17

,35

34

4,8

24

17

,74

91

6,0

48

14

,91

81

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3

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u1

37

93

16

87

55

38

8

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ilip

pin

es1

,01

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,02

34

02

99

53

22

3,7

60

Po

lan

d3

,14

52

75

50

18

50

3,6

55

Po

rtu

gal

79

8,3

59

56

9,7

19

87

,33

82

1,0

49

8,3

86

1,4

84

,85

1

Ru

ssia

n F

eder

atio

n1

86

11

12

07

61

26

98

34

218

Page 223: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rC

rop

lan

dP

astu

reFo

rest

Oth

erA

gric

ult

ure

Oth

er N

on

Agr

icu

ltu

reTo

tal

Acr

es

Re

po

rt 6

Use

of

U.S

. A

gri

cult

ura

l L

and

ho

ldin

gs

by

Co

un

try

of

Fo

reig

n I

nve

sto

r as

of

Dec

emb

er 3

1, 2

019

Sain

t V

ince

nt

and

th

e G

ren

adin

es2

95

1,2

30

1,0

42

10

60

2,6

37

Sau

di A

rab

ia3

,13

99

,65

81

,59

33

,40

47

92

18

,58

6

Sin

gap

ore

2,5

41

52

61

03

92

43

,14

0

Som

alia

00

11

00

11

Sou

th A

fric

a8

,85

92

93

1,0

13

42

71

40

10

,73

2

Spai

n8

9,9

46

12

2,5

72

24

,84

61

7,3

22

2,4

66

25

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53

Stat

e o

f P

ales

tin

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01

1,4

21

00

11

,42

1

Swed

en5

9,0

09

8,3

87

78

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3,9

81

16

,55

51

86

,24

1

Swit

zerl

and

11

3,4

17

10

1,4

96

25

,96

41

6,9

86

39

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62

97

,06

9

Syri

an A

rab

Rep

ub

lic1

,44

76

93

13

32

29

72

2,5

74

Tan

zan

ia, U

nit

ed R

epu

blic

of

00

03

52

45

9

Thai

lan

d5

69

14

08

98

15

02

81

,78

5

Trin

idad

an

d T

ob

ago

24

30

35

05

94

Turk

ey0

38

00

03

8

Turk

s an

d C

aico

s Is

lan

ds

2,3

90

39

12

67

17

27

23

,29

2

Un

ited

Ara

b E

mir

ates

4,3

58

40

,77

58

87

33

91

37

46

,49

6

Un

ited

Kin

gdo

m4

59

,17

32

72

,03

44

18

,63

61

4,4

54

12

,95

41

,17

7,2

51

Un

ited

Sta

tes

1,1

70

46

00

83

21

,71

5

Uru

guay

37

,05

93

,04

58

90

22

36

72

41

,88

9

Uzb

ekis

tan

40

00

00

40

Ven

ezu

ela

15

,30

13

,54

84

,30

42

,61

21

,37

42

7,1

38

Vie

tnam

00

15

20

01

52

Vir

gin

Isla

nd

s (B

riti

sh)

26

,61

85

1,7

13

67

02

,93

93

74

82

,31

5

Zim

bab

we

13

13

06

70

22

30

99

8 -

No

Fo

reig

n In

vest

or

List

ed3

71

,48

11

82

,58

21

56

,38

25

,10

91

4,4

77

73

0,0

30

99

9 -

No

Pre

do

min

ant

Co

un

try

Co

de

71

,42

31

5,8

17

58

4,7

26

31

,45

41

3,7

49

71

7,1

70

24

,89

1,6

34

45

8,3

91

85

1,5

48

12

,11

8,2

81

4,0

70

,06

17

,39

3,3

52

Sub

tota

l1

/

US/

An

do

rra

20

03

,54

10

00

3,7

41

US/

Arg

enti

na

3,5

30

36

93

46

26

14

17

4,9

22

US/

Au

stra

lia3

,77

55

,45

92

,49

21

,67

54

,44

61

7,8

47

US/

Au

stri

a7

,56

55

,01

79

,58

29

28

33

52

3,4

27

US/

Bah

amas

17

,40

35

,14

56

,31

48

,27

84

,91

04

2,0

50

US/

Bar

bad

os

82

00

00

82

US/

Bel

giu

m2

6,5

19

45

,42

93

8,0

03

2,3

36

6,6

88

11

8,9

76

US/

Bel

ize

16

94

21

81

58

25

2

US/

Ber

mu

da

1,1

62

2,4

06

2,4

78

7,5

61

80

61

4,4

13

219

Page 224: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rC

rop

lan

dP

astu

reFo

rest

Oth

erA

gric

ult

ure

Oth

er N

on

Agr

icu

ltu

reTo

tal

Acr

es

Re

po

rt 6

Use

of

U.S

. A

gri

cult

ura

l L

and

ho

ldin

gs

by

Co

un

try

of

Fo

reig

n I

nve

sto

r as

of

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emb

er 3

1, 2

019

US/

Bra

zil

11

,25

04

,33

80

53

61

70

16

,29

4

US/

Can

ada

36

5,4

32

51

5,1

05

1,9

55

,03

11

55

,19

64

3,3

00

3,0

34

,06

3

US/

Cay

man

Isla

nd

s8

,92

73

,08

11

4,9

82

9,6

39

61

63

7,2

45

US/

Ch

ann

el Is

lan

ds

60

1,0

32

59

01

17

1,2

68

US/

Ch

ile0

9,9

29

00

19

9,9

48

US/

Ch

ina

27

,72

28

,18

81

,56

47

,00

21

1,1

40

55

,61

6

US/

Co

lom

bia

4,4

44

15

,89

47

,14

60

91

27

,57

5

US/

Co

ok

Isla

nd

s7

97

00

00

79

7

US/

Co

sta

Ric

a4

58

69

16

81

00

1,0

92

US/

Den

mar

k2

,21

13

74

36

1,2

96

43

70

36

3,9

94

US/

Do

min

ican

Rep

ub

lic0

04

54

01

35

58

9

US/

Ecu

ado

r6

91

,54

90

45

01

42

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2

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t1

,80

65

59

30

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15

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1

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20

00

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2

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Fin

lan

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00

22

4,8

57

02

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12

27

,01

8

US/

Fran

ce6

9,8

53

25

2,2

43

11

6,8

01

13

6,0

60

21

,07

35

96

,02

9

US/

Ger

man

y2

48

,42

33

31

,03

82

28

,95

83

1,3

66

26

,13

88

65

,92

3

US/

Gre

ece

21

54

,95

71

47

07

05

,38

9

US/

Gu

atem

ala

03

92

02

00

41

2

US/

Gu

yan

a6

78

00

33

40

1,0

12

US/

Ho

nd

ura

s3

70

00

03

7

US/

Ho

ng

Ko

ng

12

0,6

99

8,4

34

69

51

19

74

71

30

,69

4

US/

Ind

ia3

,92

71

63

90

10

15

34

,49

6

US/

Ind

on

esia

62

47

,85

00

14

27

8,5

15

US/

Iran

(Is

lam

ic R

epu

blic

Of)

48

37

47

55

59

67

1,8

61

US/

Iraq

80

00

00

08

00

US/

Irel

and

2,6

38

38

,91

66

21

,11

93

,71

27

,31

56

73

,70

0

US/

Isra

el1

65

01

87

65

88

50

5

US/

Ital

y4

9,4

00

22

,64

91

5,8

77

3,7

02

2,2

27

93

,85

5

US/

Jap

an5

3,9

87

11

8,4

65

81

,94

38

6,0

46

15

,10

23

55

,54

2

US/

Jord

an0

28

40

00

28

4

US/

Ken

ya0

03

20

03

2

US/

Ko

rea,

Rep

ub

lic o

f2

32

26

36

11

53

22

99

38

US/

Ku

wai

t4

86

6,3

79

06

04

89

7,5

58

US/

Leb

ano

n5

01

40

13

36

72

14

11

US/

Lib

eria

1,5

03

38

,03

23

,96

62

,10

28

04

5,6

83

US/

Lib

yan

Ara

b J

amah

iriy

a0

00

27

73

28

0

US/

Liec

hte

nst

ein

40

,18

64

,73

71

4,3

02

3,2

21

7,9

71

70

,41

7

220

Page 225: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rC

rop

lan

dP

astu

reFo

rest

Oth

erA

gric

ult

ure

Oth

er N

on

Agr

icu

ltu

reTo

tal

Acr

es

Re

po

rt 6

Use

of

U.S

. A

gri

cult

ura

l L

and

ho

ldin

gs

by

Co

un

try

of

Fo

reig

n I

nve

sto

r as

of

Dec

emb

er 3

1, 2

019

US/

Luxe

mb

ou

rg1

7,3

15

16

,71

21

96

,96

64

6,2

62

7,7

89

28

5,0

44

US/

Mal

aysi

a1

,95

21

06

2,9

66

37

83

73

5,7

75

US/

Mal

ta1

00

30

46

00

50

0

US/

Mex

ico

16

,99

03

67

,08

44

,83

12

2,6

01

2,9

60

41

4,4

66

US/

Net

her

lan

ds

84

,51

42

63

,38

66

1,5

11

50

,39

03

5,9

26

49

5,7

26

US/

New

Zea

lan

d2

,60

54

5,5

37

02

40

1,0

21

49

,40

3

US/

Nic

arag

ua

02

42

40

00

28

2

US/

No

rway

1,2

00

17

42

,89

28

,15

88

55

13

,27

9

US/

Pak

ista

n4

23

00

00

42

3

US/

Pan

ama

18

,24

52

0,7

25

3,9

72

5,8

20

76

04

9,5

22

US/

Par

agu

ay0

23

60

00

23

6

US/

Per

u0

02

57

50

10

0

US/

Ph

ilip

pin

es4

,85

53

11

,27

43

26

71

6,8

63

US/

Po

rtu

gal

1,6

32

5,4

67

00

67

7,1

66

US/

Qat

ar0

02

19

00

21

9

US/

Sau

di A

rab

ia1

,62

16

,72

93

,85

52

,69

52

,49

31

7,3

93

US/

Sin

gap

ore

87

31

6,1

15

92

,30

64

43

11

41

09

,85

0

US/

Sou

th A

fric

a1

,44

53

00

17

87

,74

21

53

9,8

18

US/

Spai

n2

6,6

50

13

,51

02

,07

21

,88

96

33

44

,75

3

US/

Swed

en3

,99

01

,56

51

63

,93

37

70

1,0

82

17

1,3

40

US/

Swit

zerl

and

14

9,6

07

58

,60

21

13

,94

73

0,9

91

15

,89

63

69

,04

3

US/

Thai

lan

d1

75

2,1

94

01

17

02

,48

6

US/

Trin

idad

an

d T

ob

ago

20

00

00

20

US/

Turk

ey3

50

93

00

04

43

US/

Un

ited

Ara

b E

mir

ates

1,1

87

21

00

42

1,2

50

US/

Un

ited

Kin

gdo

m8

2,5

80

37

5,1

23

47

0,5

30

39

,35

02

8,9

80

99

6,5

63

US/

Uru

guay

05

50

10

20

36

55

US/

Van

uat

u0

88

30

00

88

3

US/

Ven

ezu

ela

37

,57

81

9,6

54

2,8

87

39

81

,04

36

1,5

60

US/

Vie

tnam

00

00

11

11

US/

Vir

gin

Isla

nd

s (B

riti

sh)

5,0

85

12

9,6

68

15

1,1

53

1,7

97

26

22

87

,96

5

US/

99

8 -

No

Fo

reig

n In

vest

or

List

ed1

05

,88

16

,87

13

07

,75

47

,52

61

,80

74

29

,83

9

US/

99

9 -

No

Pre

do

min

ant

Co

un

try

Co

de

30

,91

44

9,5

22

20

3,9

15

2,1

33

3,5

79

29

0,0

63

10

,99

3,7

20

26

3,4

62

69

2,8

65

5,4

97

,06

32

,86

4,9

67

1,6

75

,36

3Su

bto

tal

2/

221

Page 226: Foreign Holdings of U.S. Agricultural Land through

Co

un

try

of

Fore

ign

Inve

sto

rC

rop

lan

dP

astu

reFo

rest

Oth

erA

gric

ult

ure

Oth

er N

on

Agr

icu

ltu

reTo

tal

Acr

es

Re

po

rt 6

Use

of

U.S

. A

gri

cult

ura

l L

and

ho

ldin

gs

by

Co

un

try

of

Fo

reig

n I

nve

sto

r as

of

Dec

emb

er 3

1, 2

019

35

,88

5,3

54

72

1,8

53

1,5

44

,41

31

7,6

15

,34

46

,93

5,0

29

9,0

68

,71

6

1/

Tota

l in

tere

sts

excl

ud

ing

U.S

. co

rpo

rati

on

s w

ith

fo

reig

n s

har

eho

lder

s.

2/

Tota

l in

tere

sts

of

U.S

. co

rpo

rati

on

s w

ith

fo

reig

n s

har

eho

lder

s.

Tota

l All

Lan

dh

old

ings

222

Page 227: Foreign Holdings of U.S. Agricultural Land through

State andU.S.Territory

Acquisitions(Acres)

Dispositions(Acres)

Report 7 U.S. Agricultural and NonAgricultural Landholdings

Annual Activity of Foreign Investors by State

January 1, 2019 - December 31, 2019

Alabama 99,658 0

Arizona 16,105 0

Arkansas 5,440 0

California 7,762 0

Colorado 370,114 0

Connecticut 174 0

Florida 40 0

Georgia 17,509 458

Hawaii 3 0

Idaho 0 0

Illinois 69,866 0

Indiana 37,544 3

Iowa 14,615 21,891

Kansas 151,074 0

Kentucky 7,527 0

Louisiana 9,725 0

Maine 89,546 0

Maryland 42 0

Michigan 28,260 416

Minnesota 80,522 0

Mississippi 63,470 0

Missouri 25,505 0

Montana 109,389 6,893

Nebraska 357,789 0

New Mexico 128,417 0

New York 133,628 0

North Carolina 3,463 0

North Dakota 89,556 240

Ohio 47,730 0

Oklahoma 445,023 0

Oregon 151,255 0

Pennsylvania 25,157 0

South Carolina 7,571 0

South Dakota 175,384 0

Tennessee 54,325 0

Texas 566,778 40,749

Utah 2,290 0

Virginia 2,767 0

Washington 15,487 0

Wisconsin 11,140 0

TOTAL 3,421,650 70,650

223

Page 228: Foreign Holdings of U.S. Agricultural Land through

Country ofForeign Investor

Number ofInvestors

Number ofParcels Total Acres

Total Value($1,000) 1/

Report 8 U.S. Agricultural and NonAgricultural Land Acquisitions

by Country of Foreign Investor

January 1, 2019 - December 31, 2019

998-No Foreign Investor Listed 10 26 17,140 188,771

999-No Predominant Country Code 5 7 47,379 146,764

Australia 22 41 32,753 42,023

Belgium 1 1 271 950

Brazil 1 1 277 272

British Virgin Islands 1 1 580 2,750

Cambodia 2 4 541 2

Canada 46 3,756 1,997,622 72,144

Cayman Islands 3 3 7,515 71,183

China 1 1 52 172

Denmark 4 50 55,708 6,176

Egypt 1 1 16,105 47,154

France 9 334 146,911 220,960

Germany 8 26 48,445 74,241

Hong Kong 2 2 1,745 63

Italy 42 618 232,492 321,007

Luxembourg 4 24 47,580 84,100

Mexico 1 1 321 100

Netherlands 6 27 3,855 15,242

No Principal Place Of Business 1 1 318 2

Portugal 22 50 68,318 188,935

Singapore 2 2 1,875 23

South Africa 1 1 27 75

Spain 2 3 16,929 8,394

United Kingdom 111 318 441,362 1,365,815

308 5,299 3,186,118 2,857,315Subtotal 2/

US/998-No Foreign Investor Listed 8 35 12,435 11,363

US/999-No Predominant Country Code 2 2 580 10,543

US/Canada 9 56 51,870 76,400

US/Cayman Islands 1 2 214 2,208

US/Cook Islands 1 3 797 7,078

US/France 7 17 905 9,496

US/Germany 3 3 312 662

US/Ireland 1 1 60 1,850

US/Luxembourg 1 2 20,858 38,770

US/Mexico 3 3 73 318

US/Netherlands 1 1 3,428 1,651

US/Singapore 1 5 2,118 35,027

US/Sweden 1 3 140,032 571,041

US/Switzerland 3 3 1,849 10,086

42 136 235,532 776,492Subtotal 3/

350 5,435 3,421,650 3,633,807Total All Land Acquisitions

1/ Value is the actual purchase price or the estimated value at the time of acquisition.

2/ Total interests excluding U.S. corporations with foreign shareholders.

3/ Total interests of U.S. corporations with foreign shareholders.

224

Page 229: Foreign Holdings of U.S. Agricultural Land through

Country ofForeign Investor

Number ofInvestors

Number ofParcels Total Acres

Selling Price($1,000) 1/

Report 9 U.S. Agricultural and NonAgricultural Land Dispositions

by Country of Foreign Investor

January 1, 2019 - December 31, 2019

998-No Foreign Investor Listed 1 1 0 4

Australia 1 1 633 1,032

Canada 2 8 8,465 9,795

Denmark 3 4 1,190 2,457

Italy 4 121 22,547 81,333

Luxembourg 2 2 452 820

Portugal 3 11 29,742 18,117

Sweden 1 1 5 75

17 149 63,035 113,633Subtotal 2/

US/998-No Foreign Investor Listed 2 2 189 233

US/Canada 2 5 6,190 7,820

US/Denmark 2 3 1,226 2,303

US/Switzerland 1 1 11 5

7 11 7,615 10,360Subtotal 3/

24 160 70,650 123,993Total All Land Dispositions

1/ Selling price is value at time of disposition.

2/ Total interests excluding U.S. corporations with foreign shareholders.

3/ Total interests of U.S. corporations with foreign shareholders.

225