US farmer warns ‘China is quietly taking over’ food security
National Black Farmers Association President John Boyd Jr. calls on policymakers who are not doing enough to stop China's 'foothold' on the U.S. economy.
Despite lawmakers’ success in introducing legislation to address the issue, one U.S. farmer raised a red flag that China is still infiltrating «many, many acres» in rural America.
«They're tapping into the American food structure and this country. And we should be looking at that as food security, people,» National Black Farmers Association President John Boyd Jr. said on "Cavuto: Coast to Coast" Tuesday, «because they're tapping into American farms and tapping into the hog industry, all of these industries that China is quietly taking over here in the United States.»
Farmers have voiced their concerns for more than two years over Chinese-owned companies purchasing large swaths of rural farmland in states like Oklahoma, Minnesota, North Carolina and Virginia.
U.S. Department of Agriculture (USDA) data from 2021 indicates that China controls an estimated 383,000 acres of U.S. farmland, with their investments reportedly generating $1.9 billion that year.
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Chinese-backed companies with big bucks are also outbidding American farmers for new land, according to Boyd Jr.
National Black Farmers Association President John Boyd Jr. claimed Chinese companies are out-bidding American farmers for land on «Cavuto: Coast to Coast» Tuesday, June 27, 2023. (Fox News)
«Persons like myself who can maybe pay $4,000 or $5,000 an acre, some of these farms are being run up to $15,000 and $20,000 an acre,» Boyd Jr. explained. «Now, how many American farmers that you know in the United States
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