The U.S. Department of Agriculture (USDA) has announced its investment of more than $75 million to state and national projects regarding agriculture and natural resources. More than $5 million will be dedicated to the state of Florida and more than $70 million will be utilized towards protecting the United States from invasive plants and species. FLORIDA FUNDING The USDA’s Animal …
Foreign Investment in U.S. Farmland Rising
A Chinese firm made big news in 2013 by spending $4.7 billion to acquire U.S. processor Smithfield Foods. In that same deal, the company also acquired over 146,000 acres of U.S. farmland worth more $500 million. The group, now known as WH Group Limited, became one of the largest foreign owners of U.S. land. That purchase is part of a …