Yes… Missouri bans foreign adversaries from purchasing farmland near military facilities – January 3, 2024

Yes… Missouri bans foreign adversaries from purchasing farmland near military facilities

Pointing to “China and other adversarial nations,” Gov. Mike Parson announced on Tuesday a ban on the purchase of agricultural land in Missouri by citizens and businesses from six nations if the property lays within 10 miles of critical military facilities, such as Fort Leonard Wood and Whiteman Air Force Base. Missouri state law already limited foreign ownership to a maximum of 1 percent of its agricultural land.

Farmers’ inflation fears fade

Seven out of 10 farmers expect a U.S. inflation rate below 4 percent this year, a sharp turn in sentiment from the start of 2023, when half of producers expected inflation to exceed 6 percent, said a Purdue University poll released on Tuesday. The most recent Consumer Price Index report pegged inflation at 3.1 percent.

TODAY’S QUICK HITS

Missouri makes it 31: State officials say Missouri tentatively decided to join the Summer EBT program; it would be the 31st state to offer Summer EBT while five states — Alaska, Florida, Iowa, Nebraska, and South Dakota — have declined. (Missouri Independent)

Nitrate in Kansas wells: Half of the private wells tested in south-central Kansas have nitrate levels higher than allowed in public water systems, and a lot of the others “were pretty darn close,” says a Kansas State University geology professor. (Kansas News Service)

Biden trade agenda stalls: Election-year jitters among Democratic lawmakers have helped to stall President Biden’s “worker-centered” trade policy with the Indo-Pacific Economic Forum— launched without a commitment to new trade deals — as an example. (Politico)

GOP appeals to farmers: Ahead of Iowa’s precinct caucuses, Republican presidential hopefuls are mostly on board with ethanol, a Farm Belt favorite, and ready to get tough with China, although China is the top customer for U.S. ag exports. (DTN/Progressive Farmer)

Cal-Maine buys Tyson facility: Egg producer Cal-Maine said it would buy a broiler processing plant, hatchery, and feed mill that Tyson Foods is closing in Dexter, Missouri, and convert it to egg production. (Meat and Poultry)

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