THEE Hot Barn Report!
Heard ONLY on American radio stations across the nation and online at hotbarnreport.com!
Rounds Introduces Legislation to Blacklist China from Buying American Farm Land and Agriculture Businesses
WASHINGTON – U.S. Senator Mike Rounds (R-S.D.) introduced legislation that would blacklist China, Russia, Iran and North Korea from investing in, purchasing or otherwise acquiring land or businesses involved in agriculture.
“Protecting American farmland is critical to maintaining our national security,” said Rounds. “As a member of the Senate Armed Services Committee, I was alarmed when a Chinese company recently purchased farmland near an Air Force base in North Dakota. This acquisition could threaten our national security by allowing the Chinese Communist Party to closely monitor the operations and communications at a very important military facility.
“In my travels around South Dakota, I’ve heard from many farmers and ranchers who are concerned about foreign adversaries owning American farmland. It’s time to put a stop to this and take action. This legislation makes certain American interests are protected by blacklisting foreign adversaries from purchasing land or businesses involved in agriculture.”
On July 1, 2022, Representative Elise Stefanik (R-N.Y.) introduced the House version of the PASS Act. Rounds’ legislation retains key provisions of the House version and adds additional language related to foreign investments, agricultural land acquisition and reporting by the Secretary of Agriculture. The new provisions are outlined below:
Blacklists China, Russia, Iran and North Korea from purchasing or investing in agriculture land and companies.
Requires reporting from the Secretary of Agriculture on the risk to the American agriculture sector of foreign takeovers and/or investments in agriculture companies or land used for agricultural purposes.
Allows the President, after reporting to Congress on why doing so is vital to the national security interests of the United States, to waive the requirement prohibiting a transaction on a case-by-case basis.
The full text of this legislation can be found HERE.
https://www.rounds.senate.gov/download/rounds-pass-act
Welcome to another edition of the epic saga known as the Hot Barn Report
We continue to expand to new towns like Waverly Iowa, Sturgis South Dakota, Hettinger North Dakota and Broken Bow Nebraska. If you think your local salebarn has the right stuff to be a HBR “price discovery” reporting barn email Monte James at [email protected].
NOW AIRING ON:
Rural Radio Sirius XM Channel 147
Monday-Friday 7:55AM & 4:55PM
The ALL STAR lineup
🔥Stockmen’s Livestock – Fat Cattle TUESDAY & Feeders on WEDNESDAY
🔥Platte Livestock Market – Hogs, Sheep & Goats on MONDAY & Feeders on WEDNESDAY
🔥Creighton Livestock Market – Feeder Calf Sale TUESDAY
🔥Bassett Livestock Auction – WEDNESDAY Sales
🔥North Platte Stockyards – Sales on TUESDAY
🔥Lemmon Livestock, INC. – Sales on WEDNESDAY
🔥Mobridge Livestock – Sales on TUESDAY & THURSDAY
🔥Presho Livestock Auction – Sales on THURSDAY & MONTHLY horse sale
🔥Crawford Livestock Market – Weigh-ups THURSDAY & Feeder Cattle Sales on FRIDAY
🔥Buy ’em up online at CattleUSA.com
The HOTTEST sale barns in America
See more at HOT BARN REPORT
As always buy ’em up online at CattleUSA.com
Creighton Livestock Market
Lemmon Livestock, INC.
Presho Livestock Auction
Mobridge Livestock
Platte Livestock Market
Stockmen’s Livestock
Crawford Livestock Market
North Platte Stockyards
Bassett Livestock Auction
