The Missouri Rural Crisis Center has been working on the issue of foreign ownership of farmland for more than a decade and supports completely stopping all foreign purchases. Even before the Smithfield sale, corporate consolidation was pushing local farmers out, according to MRCC.
“We have a systemic problem right now…major parts of our food and livestock markets and industry are controlled by just a few multinational and increasingly foreign corporations.”
That means less revenue for smaller family-owned farms, which can eventually push them out of the industry, MRCC said.