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North Dakotans soundly reject corporate farming measure
Key Excerpts from Article on Website of CNBC/Reuters
Posted: July 24th, 2016
http://www.cnbc.com/2016/06/15/reuters-america-update-1-nort...
North Dakotans on Tuesday soundly rejected a law enacted last year that changed decades of family-farming rules in the state by allowing corporations to own and operate dairy and hog farms. Some 75 percent of North Dakotans who went to the ballot box voted to repeal Senate Bill 2351. The law ... exempted dairy and swine production from the state's Depression-era corporate farming prohibition. The North Dakota Farmers Union and other groups that collected signatures to put the referendum on the ballot said family farmers cannot compete with large agricultural firms with no ties to the communities where they operate. Corporate and foreign control of U.S. farmland has been a hot-button issue in several major agricultural states in recent years. State laws prohibiting corporations and foreign entities from owning U.S. farmland complicated a $4.7 billion acquisition in 2013 of U.S. pork producer Smithfield Foods by China's Shuanghui International. The deal ultimately closed. This February, a U.S. district judge issued an injunction barring Nebraska officials from enforcing the state's ban on farmland ownership by corporations. North Dakota, with about 740,000 residents, has a heavily agricultural economy. It is one of nine states that have laws limiting corporate farming, according to the National Agricultural Law Center. The North Dakota law says farming or ranching companies must have no more than 15 shareholders or members who must belong to the same family, to a distance of first cousins.
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