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Abstract

A few years past, agriculturists were concerned about the extinction of the family farm due to increasing land prices, high interest rates, droughts, and low market price.z, for farm commodities. 'The•'_fearth'at -corporate ownership would squeeze the family farm out of the market prompted many states to enact legislation prohibiting corporate ownership of agricultural land. 'Recently, however, a new fear has arisen. The emergence of certain ..oil-producing countries as world-wide economic powers has -led- to the belief that these nations will use, their newly-acquired wealth to dominate farm production in the United States.

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