Corporate ownership tripled from 2009 to 2022 as property values skyrocketed from under $2 billion to over $14 billion — pricing out family farms in the process.
John, it’s becoming harder and harder across rural America to hold off big corporations from buying farmland.
Corporate ownership tripled from 2009 to 2022 as property values skyrocketed from under $2 billion to over $14 billion — pricing out family farms in the process.
Wall Street, big corporations, and their subsidiaries have no business making speculative investments in farmland that price local people out of the market.
My legislation would protect more than 400 million acres of farmland that is projected to change ownership in the next decade from falling to further corporate consolidation.
Here’s the bottom line: Food security and local economies depend on family farms, and I’m going to continue working to ensure we protect them.