FARM BUSINESS NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Mon May 20, 2013 03:39 PM CDT

Wisconsin state legislators have blocked an effort by Gov. Scott Walker to lift the state's long-time limits on foreign ownership of farmland, legislative staffers and lobbyists tell DTN.

Legislators objected on the grounds that the governor's budget bill was no place for a farmland ownership debate. But with pension funds and other institutional owners eager to pour billions of dollars into Corn Belt real estate markets, the controversy could easily resurface. Kansas legislators also considered a revision to its corporate farming ban this year as well.

In February, Walker proposed repealing Chapter 710 of the Wisconsin Statute that bans foreign ...

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