FARGO, N.D. — The sale of a couple thousand acres of prime North Dakota farmland to a group tied to Bill Gates has stirred emotions over a Depression-era law meant to protect family farms and raised questions about whether the billionaire shares the state’s values.
State Attorney General Drew Wrigley has asked the trust that acquired the land to explain how it will satisfy the state’s anti-corporate farming law. It prohibits all corporations or limited liability companies from owning or leasing farmland or ranchland, with some exceptions.
“I don’t know that it’s quite as volatile a situation as some have depicted,” North Dakota Republican Attorney General Drew Wrigley told The Associated Press Thursday. “It’s taken off, it’s all over the planet, but it’s not me sticking a finger in the eye of Bill Gates. That’s not what this is.”
Meanwhile, the state’s Agriculture Commissioner, Republican Doug Goehring, told a North Dakota TV station that many people feel they are being exploited by the ultra-rich who buy land but do not necessarily share the state’s values. About 2100 acres (849.84 hectares) of land were sold in the deal.
Wrigley said the corporate farming inquiry goes out “as a matter of course” when his office is notified of farmland sales, in this case Red River Trust’s $13.5 million purchase of property in two counties from wealthy northeastern North Dakota potato growers Campbell Farms. Phone calls to Campbell Farms went unanswered.
“It’s meant to get everybody up to speed on what the ownership arrangement is and what their intentions are for the land,” Wrigley said. “If it complies with state law, the matter goes forward. If not, they’re informed they’re going to have to divest of the land.”
Corporations are exempted from the law if the land is necessary “for residential or commercial development; the siting of buildings, plants, facilities, industrial parks, or similar business or industrial purposes of the corporation or limited liability company; or for uses supportive of or ancillary to adjacent non agricultural land for the benefit of both land parcels,” the law reads.
Gates is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last year’s edition of the Land Report 100, an annual survey of the nation’s largest landowners.
