Newswire

Foreign Ownership of Ag Land Interim Agricultural Committee Hearing

Nebraska Farm Bureau Public Policy Team attended the Legislature’s interim hearing on the issue of foreign ownership of ag land. The hearing featured attorney Micah Brown of the National Agricultural Law Center in Arkansas who compared Nebraska’s current law on the issue to other states and reviewed federal proposals. He also gave a rundown of the current state of foreign interests in Nebraska agricultural land. According to the USDA, approximately 790,000 acres, or 1.7 percent of ag land have a foreign interest. The large majority of those foreign interests are through Canadian companies who hold long-term leases for wind and solar generation, while the ownership of that leased land stays with the landowner. While there is currently a statute limiting foreign ownership and leases, the Unicameral could see legislation on the issue to possibly make that law more enforceable.  

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