Top 100 Land Owners

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HDRider

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They ain't making any more of it.

The top 100 landowners of America, who collectively own about the same amount of acreage as the state of Connecticut.

 
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HDRider

HDRider

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As of January 1, 2013, it was illegal for foreign entities to purchase farmland in Missouri. But in mid-2013 a bipartisan group of state legislators succeeded in softening the rule—even overcoming a governor's veto to do so.

Critics allege that the change helped to ease the takeover of Virginia-based meat processor Smithfield Foods by WH Group, then known as Shuanghui Group, a Chinese food processing conglomerate. Smithfield owns at least 40,000 acres of farmland in the state, according to a 2020 Post-Dispatch report, and the deal couldn't go through as written without the rule change.

"The new law was sponsored by a legislator who has received more than $30,000 in campaign contributions to date from Smithfield Foods," wrote St. Louis Post-Dispatch reporter Kevin McDermott, in a 2015 investigation. "And it was advanced by a state Senate committee of which every single member had previously received money from the company."

 

J+ Cattle

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That article is several years old. The Waggoner Ranch sold over 5 years ago to Stan Kroenke, owner of the LA Rams.


It seems that when you have more money than you know what to do with it all you buy land. The super rich don't need the income from the ranching operation to live off of, it's just a way to protect the money from inflation.
 

greybeard

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who has received more than $30,000 in campaign contributions to date from Smithfield Foods
That's not a really huge amount for a campaign contribution. You would think Smithfield would have been able to cough up more than 6 bits for every acre it enabled the Chinese to get their hands on.....
 

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