The number of U.S. farm acres owned by foreign entities grew more than 8% in 2022, though the 43.4 million acres of foreign-owned forest and farm land is just 3.4% of the country's agricultural land, said a government report on Friday.
| Foreign-owned U.S. farmland acres rose more than 8% in 2022 -USDA | | The number of U.S. farm acres owned by foreign entities grew more than 8% in 2022, though the 43.4 million acres of foreign-owned forest and farm land is just 3.4% of the country's agricultural land, said a government report on Friday. | | | Treasury charts biofuel flight path to claiming SAF credits | | The biofuel industry said it is ready for full-throttle production of low-carbon fuel for airplanes, now that the Biden administration has released guidelines for sustainable aviation fuel (SAF), potentially a 36 billion-gallon-a-year market. | | | El Niño fuels crop issues In Brazil | | El Niño continued to drive exceptional heat and dryness in the Central-West region of Brazil through the middle of December 2023. Meanwhile, southern Brazil was in much better shape with ample rainfall. El Niño is expected to continue into the first part of 2024. | | | | |
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