USDA’s National Farm Security Action Plan targets unreported foreign farmland purchases, pledging swift action against ownership by “countries of concern.” Congressional Republicans proposed banning Chinese corporations and officials from buying U.S. farmland, though no vote date is set. As of 2022, Chinese entities hold under 1% of foreign-owned U.S. farmland—about 349,442 acres.
Smithfield Foods, owned by China, faces major issues with pollution, price-fixing, and animal welfare.
