Foreign investment in U.S. farmland on the rise

3 July 2017 Johnathan Hettinger, Robert Holly, Jelter Meers, and Erin McKinstry, Midwest Center for Investigative Reporting Photo: Darrell Hoemann/Midwest Center for Investigative Reporting In 2013, the Chinese firm Shuanghui received wide public attention when it purchased U.S. pork producer Smithfield Foods for a record $4.7 billion. In an overlooked part of the deal, Shuanghui also acquired more than 146,000 acres of farmland across the United States, worth more than $500 million, according to U.S. Department of Agriculture data. The deal made Shuanghui, now the WH Group Limited, into one of the biggest foreign owners of U.S. agricultural land,...

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