China Owns 248,000 Acres of American Farmland. Canada Owns 16.1 Million.

Chart of the Day

SEPTEMBER 25, 2026

PROPERTY & RIGHTS • LAND OWNERSHIP

Foreign-Owned American Farmland Has Nearly Doubled Since 2010, to 46 Million Acres

That’s an area larger than Missouri. And the biggest buyer isn’t who you’d expect.

CANADA

16.1M

NETH.

4.7M

GERMANY

2.8M

U.K.

2.7M

ITALY

2.7M

CHINA

0.2M

Foreign-held U.S. agricultural land in millions of acres by country of investor, as of December 31, 2024.

Source: USDA AFIDA Report, 2026

You hear it everywhere. China is buying up American farmland. Congress held hearings. States passed laws. The worry is real. But when you look at the actual USDA numbers, the picture is very different from what most people assume.

The latest federal disclosure report shows foreign investors hold 46 million acres of U.S. agricultural land, an area bigger than the state of Missouri. That’s 3.6% of all privately held farmland in the country. In 2010, the total was around 25 million acres. It has nearly doubled in 14 years.

Here’s what most people get wrong. China holds nearly 248,000 acres. That’s a rounding error in a 46-million-acre picture. Canada... 16.1 million acres. More than 50 times what China holds. The Netherlands is second at roughly 4.7 million. Germany, the U.K., and Italy round out the top five.

And more than half the increase since 2010 has come from renewable energy projects and timber operations... not traditional farming. Foreign companies lock up the land on long-term leases, sometimes for decades. The USDA only tracks ownership three layers deep. After that, nobody really knows who’s on the other end.

Food doesn’t get cheaper during a war. With energy costs up and grocery bills still running hot, the question of who controls 46 million acres of American farmland matters more than most people realize. The FARMLAND Act is working through Congress right now. But that trend line keeps climbing.

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THE TAKEAWAY

“Foreign investors hold 46 million acres of U.S. farmland, nearly double what they held in 2010. Canada owns 16.1 million of those acres. China owns 248,000. The biggest buyer of American farmland isn’t the one making headlines.”

Next time someone at dinner says China is buying all our farmland, you’ll have the real numbers. That’s a conversation worth starting this week.

More tomorrow. Stay sharp.

— Ray Calloway

China Owns 248,000 Acres of American Farmland. Canada Owns 16.1 Million.

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