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.
FARGO, N.D. —
The state's attorney general has asked the trust that acquired the North Dakota land to explain how it plans to use it in order to meetin the state's archaic anti-corporate farming law. It prohibits all corporations or limited liability companies from owning or leasing farmland or ranchland, with some exceptions.
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 of land were sold in the deal, AgWeek reported. “I’ve gotten a big earful on this from clear across the state, it’s not even from that neighborhood,” Goehring toldCharles V. Zehren, a spokesman for Gates' investment firm, declined Thursday to comment to the AP.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.
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