What is the significance of the owner's statement "ve'Atah, Hinei Heiveisi es Reishis P'ri ha'Adamah ... "?
Seforno: Refer to 26:6:1:2*. He is declaring that now that Hashem has given us a land of our own, he is bringing the best of its fruit to Him as a mark of thanks.
Rashbam: He is acknowledging that the fruit that he is bringing is not the work of his own hands, but thanks to Hashem's kindness that he merited. 1
Yerushalmi Bikurim, 1:7: It teaches us that one only brings Bikurim once a year and not twice. 2
Yerushalmi Bikurim, 3:1: It implies that when bringing the fruit to the Beis-Hamikdash, it must be ripe, but that one initially designates it - by tying a band around it - even whilst the cluster of grapes or the fig is still in the early stage of ripening. 3
Rashbam: In keeping with the Pasuk in Yehoshua, 24:2.
See Torah Temimah, citing the Yerushalmi, Ibid. and note 36.
Why does the Torah insert the (otherwise superfluous) words "asher Nasata li Hashem"?
Bava Basra, 81a: To teach us that it is only the owner of the land who is subject to Bikurim, but not someone who purchases the fruit or even the tree. Consequently, someone who purchases two trees, brings Bikurim but does not recite the Parshah - since it is a Safek as to whether he acquires the land together with the trees. 1
Sifri: To teach us that an Apotropus (agent on behalf of Ketanim), an Eved Cana'ani, a Shali'ach, a woman, 2 a Tumtum and an Andrognus bring Bikurim but do not recite the Parshah.
Having written - in Pasuk 4 - "Vehinicho Eitzel ha'Mizbe'ach, why does the Torah now repeat "Vehinachto ..."?
Rashi (citing the Sifri and Bikurim, Perek 3): To teach us that the owner picks it up after the Kohen has put it down - in order to hold it whilst reading the Parshah, and waves it again before putting it back next to the Mizbe'ach.
Menachos, 61b (according to R. Yehudah): "Vehinicho" refers literally to putting the Bikurim in front of the Mizbe'ach, whereas "Vehinachto" is coming to obligate the owner to wave the Bikurim. 1
See Torah Temimah, note 38.
QUESTIONS ON RASHI
Rashi writes that "Vehinachto" teaches us that the owner picks it up and waves it again. But this is neither like R. Eliezer, who says that it is repeated to teach us that Hanachah is Me'akev, nor like R. Yehudah, who learns waving from "Vehinachto"?