Members of Congress, presidential candidates and state legislatures have been raising the alarm about Chinese and other foreign investment in American farmland. They claim it may destabilize our food system and undermine national security. This uproar is directing attention away from the real crisis of ownership facing American farmers — land grabs by corporations based inside the United States. Foreign investors, most of them Canadians, own only about 3 percent of our nation’s privately owned agricultural land. Chinese investors own just a tiny fraction of that. Meanwhile, existing regulations do nothing to stop multinational corporations and investors based in the U.S. from buyin
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