The Government Accountability Office has completed a report on foreign ownership of farmland. The GAO found the Committee on Foreign Investment in the United States does not have regular or timely access to information about foreign farmland ownership. It calls for USDA to develop a better system for monitoring this information and sharing it with relevant agencies. This issue surfaced when the Chinese state-owned company, Fufeng Group, bought land to build a corn processing plant in Grand Forks. The location near the Air Force base was considered by many to be a security threat. A coalition of 130 members of Congress sought the GAO study.
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