Missouri Senate approves to limit foreign ownership of farmland

JEFFERSON CITY, Mo. — Missouri lawmakers want to limit how much agriculture land is foreign owned, and the legislation approved this week would pump the breaks entirely on any foreign entity acquiring more farmland.

About .3% of the state’s farmland is currently foreign owned, but a bill moving forward in Jefferson City would not only reduce the amount of agriculture land that can be owned by a foreign entity, but it would prohibit any future sale, which some say is unfair to landowners.

“We’re going to as a state, decide what private businesses can be sold to what entity,” Sen. Lincoln Hough, R-Springfield, said. “That’s how I see this.”

The full article is available at ozarksfirst.com.