He's not though. He's the biggest farmland owner. He has around 250k acres - but even his ownership levels of farmland are a small percentage of the total farmland in the US - the total number of farmland in the US is 879 million acres. He has a quarter of a million. He's hardly a threat to farming, at less than one percent ownership. Don't get me wrong, it's a lot of land to own, but it's more a cashcow (pun intended) because leasing it is pretty lucrative.
Corporate ownership of farmland is surprisingly low, according to everything I looked up when the "Bill Gates is buying all the farms!" meme started. The latest statistic is that 90% of all farms in the US are family owned and operated. The census, when it's released, should show updated numbers, but the whole "corporations own all the farms!" seems to be a myth pushed by the farm subsidy lobby. There's more foreign ownership of farmland - 30 million acres, that's leased to farmers.
There's more corporate ownership of acreage for lumber, than farming, if I remember correctly, and it was 8 million acres.
He's not though. He's the biggest farmland owner. He has around 250k acres - but even his ownership levels of farmland are a small percentage of the total farmland in the US - the total number of farmland in the US is 879 million acres. He has a quarter of a million. He's hardly a threat to farming, at less than one percent ownership. Don't get me wrong, it's a lot of land to own, but it's more a cashcow (pun intended) because leasing it is pretty lucrative.
Corporate ownership of farmland is surprisingly low, according to everything I looked up when the "Bill Gates is buying all the farms!" meme started. The latest statistic is that 90% of all farms in the US are family owned and operated. The census, when it's released, should show updated numbers, but the whole "corporations own all the farms!" seems to be a myth pushed by the farm subsidy lobby. There's more foreign ownership of farmland - 30 million acres, that's leased to farmers.
There's more corporate ownership of acreage for lumber, than farming, if I remember correctly, and it was 8 million acres.