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Texas leads in foreign-bought agricultural landTexas leads in foreign-bought agricultural landhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=171532017-07-18T05:00:00Z2017-07-18T16:00:00Z

​​AUSTIN – Foreign investors buy more agricultural land in Texas than in any other state, snatching up 1.7 million acres over the past decade.

Foreign-owned land totals an area the size of Travis, Hays, and Williamson Counties combined and is worth about $3.3 billion. 

Canadian firms bought more than 800,000 acres over the last decade, much of it in​ timber-rich East Texas. Entities from the Netherlands, Germany, and Portugal bought a combined 600,000 acres. Other countries with a stake in Texas agriculture include Indonesia, Mexico, India, and Malaysia.​

The Lone Star State has more farms and ranches than any other U.S. state. Texas also leads the land in cattle, cotton, and hay production.

For the Real Estate Center's latest research on Texas land markets, read "Land, Lots of Land" by Dr. Charles Gilliland.

Austin American-Statesman
Texas
Land
http://www.mystatesman.com/news/texas-leads-number-farms-also-leads-foreign-bought-agricultural-land/stvm9vQEgYNdhpTeTuZ2PJ/Read more at {Source}

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