Foreign ownership of U.S. land up slightly in 1980 WASHINGTON, D.C. Foreign investors have reported owning less than 1 percent of agricultural land in the United States as of the end of last year. That’s less than is generally thought by the TAKE THE HOT AIR OUT OF YOUR PROCESS WITH THIS NEW SCIENCE NATURAL-DRY SY Now days, you can’fafford to heat grain from the field. It cost’s to much you do it yourself or if you have y< feed miller do it for you. In addjti research shows high temperature h drying can burn out valuable nutriei from the grain. Reduce feed qual Lower production. 1 That’s why more and more farmers have turned to the Harvests 11 Chillcuring System from Advanced Ag Systems. These drying systems use mother nature’s moving-air method to dry the grain in the bin. You simply use our com puter test figures to determine the amount of air you must force up through the grain. KEN SAUDER MILFORD MAST Brownstown, PA 17508 Elverson, PA 19520 Phone: (717) 656-6519 Phone: (215) 286-9118 PAUL DETWEILER Newville, PA Phone: (717) 776-3288 public,” according to Secretary of Agriculture John R. Block. “As of last December, foreign investors reported they owned about 7.8 million acres of U.S. agricultural YOUR REPRESENTATIVES land. While that figure said, is up 2.2 million acres “The actual increase from what USDA during 1980 was about reported the year 414,000 acres out of a before, about 1.8 million total U.S. agricultural of that increase was due area of about 1.25 billion to late-filled 1979 reports acres,” Block said, being included in this Block said next year’s year’s report,” Block report could once again contain late-filed reports, thus raising this year’s figure He also said the total acreage of foreign owned U.S. agricultural land is too small to measure the unpact on agriculture at the GRAIN DRYING ENGINEERED It’s all computerized and farm tested so you can safely store your grain on the farm at harvest time. Then feed your own grain to livestock. Or sell at a more favorable price. No need to buy expensive fuel. No need to wait in line at the grain elevator. No need to sell grain at low harvest time prices. To take the hot air out of your gram drying process, install this science-engineered natural-dry system. For a computer print-out that shows how much air you must move through your size grain bin write to: Advanced Ag Systems, RD 2, Box 174, Elverson, PA 19520. Or Call (215) 886-9118. A^A Advanced Ag Systems Lancaster Farming, Saturday, May 9,1981—C25 national level. In Pennsylvania, records for the period of February 2, 1979 through December 31, 1980 showed 154,562 acres held by foreign owners. During that same time period, foreign investors acquired 1,766 acres of Keystone state land. In neighboring states, foreign land holdings and acquisitions for that same period were: New York - 211,806 acres held; 21,346 acquired; New Jersey - 19,868 acres, 3,408 acres; Delaware - 6,627 acres, 940 acres; Maryland - 22,530 acres, 12,937 acres; and West Virginia - 21,393 acres, 2,393 acres. Canadians represent the foreign owners with the largest landholding acreages 1,236,604 acres. West Germany and the Netherland Antilles are running a close race for second and third in the acreage of U.S. land held, and are the leading owners acquiring land from February, 1979 until the end of 1980. West Germany holds 380,724 acres and acquire I 192,473 acres, while the Netherlands Antilles held 373,024 acres and acquired 259,924 acres. Citizens of United Kingdom have the next largest holdings, with 247,011 acres. Current legislation requires all foreign owners of U.S. agricultural land to report those holdings to USDA. They also are required to report acquisitions, dispositi ons, leases and land-use changes. Foreign owners who fail to report their holdings and aquisitions or who are late in reporting face possible fmes. Block said as of last December, USDA has assessed 1,950 penalties for late filings, amounting to about $250,000. Block said while the law does provide penalties for late reporting and non reporting, it does not provide for an in vestigations office to detect those who choose not to report. The yearly foreign land ownership study has been sent to the Congress for evaluation, as required by law. Highlights of the report are available from ESS Publications, room 0054- S, USDA, Washington, D.C., 20250. Ask for publication ESS-9. SADDLE UP! To Better Equipment... find It In Lancaster farming's CLASSIFIEDS!
Significant historical Pennsylvania newspapers