Category : Local

Featured in Oregon Business

We had a nice visit about a month ago from April Streeter of the journal Oregon Business.  Now Farmland LP (and Vitality Farms) are featured in their May issue with an article titled “Farm Futures:  Private Equity Goes Organic.”  I am impressed by the quality of reporting here, which explains our story in concise prose with a clarity few others have captured.   

0513_FarmFutures_02From left to right:  Neal Wells, Karen Wells and myself.  It was a cold, rainy day so photography was done in a barn.  Lots of livestock available as props.   Not shown is shepherd Mac Stewart who saw me with a lamb over my shoulders (also published with the article) and texted:  “I don’t pose with baby lambs.”  I know Mac, I know.  Photo by Eric Näslund.

 Here’s a nice paragraph:

Instead of the typical U.S. model, in which larger acreages are passed on through family inheritance or owned by corporations, Farmland is two managers using investor funds to purchase conventional mid-size farms in both Oregon (around 1,000 acres thus far) and California (5,300 acres). Once converted to certified organic acreage, Farmland’s holdings are put into a newfangled land-management system that is actually based on a more old-fashioned rotation of plots between growing pasture, grazing livestock and cultivating different crops in order to boost soil fertility without chemical fertilizers. And unlike the one-man-one-tractor model of agriculture, in which a few farmers work vast swathes of land in monocrops, or the sustainable farm ideal in which a farmer takes a small patch of ground and coaxes multiple foods from it, Farmland’s model is novel. Different farming experts will ply their trades on the same plots of ground as these pieces of land are moved through rotation.

The reporter did a lot of research beyond just talking to us, and the article includes quotes from others commenting on our business model, including our investors:

Portland-based non-profit Ecotrust is one of these, having followed Farmland LP from its inception. Richard Hervey, Corvallis city council president, is another.

“I really like the model,” Hervey says. “I wanted to move some of our money out of the stock market. Farm land is a fundamentally stable investment and Farmland LP is also a local investment.”

A key thread is the opportunity provided to young and beginning farmers and it was nice to hear the perspective of farmers we work with, as well as reactions and experiences of those involved in start-up farms.  I want to thank April Streeter and Oregon Business for such a thorough analysis.

And for those of you who aren’t investors or farmers, you can benefit from the food coming from our farms.  Here in Oregon look for pork from Mosaic Farms, lamb from Cattail Creek, and eggs from Vitality Farms when shopping or dining. Not only are the land and animals treated well, but these farmers are great at what they do and care about your health and your enjoyment of the food they grow.

Farmland LP Converts 673 Acres to Certified Organic Farmland

Congratulations to Jason and his team for successfully converting 673 acres of our farmland to Certified Organic farmland at two of our properties near Corvallis, OR.  A copy of the Organic Certificate is available here.

Jason has done a tremendous amount of work over the past three years to gain this certification.  The minimum requirements for certifying farmland include (modified from http://en.wikipedia.org/wiki/Organic_certification):

  • Organic inputs only – avoid synthetic chemical inputs not on the National List of Allowed and Prohibited Substances (e.g. fertilizer, pesticides, antibiotics, food additives, etc.), genetically modified organisms, irradiation, and the use of sewage sludge;
  • 3 Years clean – farmland has been free from prohibited synthetic chemicals for three years;
  • Documentation — extensive paperwork is required, detailing farm history and current set-up, and usually including results of soil and water tests.
  • Planning — a written annual production plan must be submitted, detailing everything from seed to sale: seed sources, field and crop locations, fertilization and pest control activities, harvest methods, storage locations, etc.
  • Inspection — annual on-farm inspections are required, with a physical tour, examination of records, and an oral interview. In addition, short-notice or surprise inspections can be made, and specific tests (e.g. soil, water, plant tissue) may be requested.
  • Fee — an annual inspection/certification fee (currently starting at $400–$2,000/year, depending on the certifying agency and the size of the operation).
  • Record-keeping — written, day-to-day farming and marketing records, covering all activities, must be available for inspection at any time.

With Certified Organic farmland, we can now produce and sell Certified Organic crops, as well as produce livestock and eggs from chickens that were “Raised on Certified Organic Farmland”.  The price premiums are worth the work, but the certification is also just a measure of our broader commitment to sustainable and regenerative agriculture.

Images below show the certified fields for the 526 acres at A2R Farm, and the 147 acres at Fern Road Farm respectively.  These are significant additions to the Organic acreage in the Willamette Valley with 665 of these acres being cropland and 386 irrigated.

Special thanks to the inspectors and review staff at Oregon Tilth, one of the original certifying agencies that pre-date the national standards.  We are very pleased to have successfully completed this process with them.

This is a major milestone, but is also only a step along our journey as we continue our work to get all our 2,000 acres certified organic (…with more farmland on the way).

Oregon Entrepreneur Showcase

Craig and I are looking forward to presenting at Slow Money Northwest‘s Oregon Entrepreneur Showcase on Friday, September 14th in Portland.  The event is open to accredited investors, who will get to hear from six great companies as well as meet and mingle with other leaders, investors, and supporters.  The event is from 5:30 to 8 pm at Xplane (411 SW 6th Ave) in downtown Portland.  Tickets can (and should) be bought in advance for $30, which includes food and drinks.

We presented Farmland LP at a similar gathering earlier this year and had a great time with quality people. This time, on September 14th we will present Vitality Farms LLC. While Farmland LP invests in and manages farmland, Vitality Farms  specializes in buying livestock for use in sustainable agriculture, such as on the diverse pastures sown on Farmland LP properties. We’ve been able to find great livestock managers, and Vitality Farms helps them scale up their operations to fill our now over 2,000 acres.

For example, life-long shepherd Mac Stewart (pictured below) can handle up to 2000 ewes, more than double the current flock of 950 ewes, in part due to the irrigation and fencing infrastructure on Farmland LP’s land, and the new Prattley handling equipment Vitality Farms brought in from New Zealand.  Mac works with John Neumeister to carry on a 30-year tradition of raising what many chefs in Portland consider the finest lamb in the region:  Cattail Creek Lamb.  Mac is looking forward to another 30 years.

In addition to cattle we bought for Bill Niman’s new company, BN Ranch, Vitality Farms is also collaborating with them in developing a state of the art pastured laying hen system for pastured eggs.  Neal and Karen Wells (pictured below) have moved their family to a home on one of Farmland LP’s farms near Corvallis to start this business.  The Wells are wonderful people with extraordinary passion, having spent the past three years searching for a place and a means to become pastured-poultry producers while also donating labor on farms in the Willamette Valley.

Vitality Farms is thrilled to be able to work with producers like Mac, Neal, and Karen (and of course Bill Niman and John Neumeister).  If you are interested in supporting the growth of high quality, healthy and tasty food in the greater Portland region you are welcome to join us and others at this Slow Money NW event.  If you have questions about the event you can contact Malaika Maphalala at Natural Investments (malaika@naturalinvestments.com). We look forward to seeing you there.

Flurry of Press Attention

The Oregon press has been busy covering Farmland LP over the past month.

First, the Gazette Times of Corvallis and its sister paper in Albany put us on the front page  (Sunday above the fold even).  Photographer Amanda Cowan took some nice pictures, including the one below.  The writer Bennett Hall framed the story in a way that I think will interest a broad audience.

Bennett did a great job describing how we manage farmland and produce delicious food:

To rebuild the natural fertility of the soil, the land has been replanted with a complex mix of forage crops and is being used to graze sheep. Once depleted soil nutrients have been replenished, it will go into a rotation of annual food crops and pasture.

In the meantime, the land is already supporting a thriving sheep business. Vitality Farms, a separate entity run by Bradford and livestock manager Mac Stewart, is leasing the Corvallis-area property from Farmland LP.

“This spring we’ll lamb about 750 ewes, then another 150 this fall,” Stewart said.

“Per capita consumption in the U.S. is pretty low, but lamb is kind of on the upswing,” he added. “It’s one of the new ‘in’ foods.”

Prices are good right now, and Vitality Farms should be able to command a premium from health-conscious foodies for certified organic meat. To make the most of that marketing advantage, the company is bringing in some new sheep-handling equipment, including a computerized ear-tagging system for tracking information on individual animals.

“It will allow us to do more precision management. It’ll allow us to say, ‘This lamb came from this farm,’” Bradford said.

“We’re really excited about that. People want to know, just like the terroir of grapes, what’s the terroir of this lamb?”

Next up we had some attention from Christine Williams of The Portland Business Journal.  Her article was about sustainable agriculture and business in the region, covering Farmland LP along with several  investment funds such as Meyer Memorial Trust and Equilibrium Capital.  In a companion piece, I was honored to be named as a “Leader of Oregon’s Sustainable Economy” along with nine others doing excellent and vital work.

Most recently the nation’s only newspaper dedicated to agricultural reporting, Capitol Press, put us on their cover.  The story was later picked up by the Daily Astorian and cross posted by Oregon Public Broadcasting.  Writer Mateusz Perkowsky also took the pictures and got a good one of Mac Stewart and me.

The Capital Press article was generally about the Slow Money investment movement, with a focus on the Pacific Northwest.  A section about Farmland LP explains:

Bradford is making costly improvements to 2,000 acres of farmland in Oregon and California. His company, Farmland LP, will obtain organic certification on the properties and install irrigation equipment, fencing and other amenities in hopes of attracting farmers to lease the land.

“We make all that investment up front,” Bradford said. “There’s an infrastructure investment that’s needed to do that.”

I like that part of the article because it explains how we are different from other land owners in that we are willing to make capital improvements.  A problem farmers often face with leased land is poor development of major infrastructure.  A non-owning farmer does not have the long-term incentive to make expensive, slowly depreciating investments while many farm owners are using land as passive income vehicles and lack the resources or interest to make significant improvements.

It is interesting that all this attention came at once.  Perhaps it is the season?  Thanks to all the writers and photographers who’ve taken time to listen to and report our story.

Slow Money Northwest

We are glad to report that Slow Money Northwest is organizing an event in Portland, and that Farmland LP will be presenting.

The date is April 11th and you must contact the organizers to register for attendance.

Craig and I look forward to meeting local investors and other progressive food and farming enthusiasts.

Winter Farm Images

My mood has been elevated of late, probably because of the longer days, stronger sunbeams, and the obvious signs of spring, such as emerging flowers and leaf buds.

So I thought now would be a good time to review the winter in images, both as a way of saying goodbye to the season and letting readers know what it’s been like in the Willamette Valley of Oregon these past few months.

Dec. 7, Fern Rd Farm. Though technically late fall, on this day of frozen fog it felt like winter had arrived. In this image the epiphytic lichens on an Oregon Ash tree are weighted down by the ice crystals. Lichens are able to fix nitrogen from the air and are a major source of soil nitrogen in a forest.

Dec. 7, A2R Farm. This large but still juvenile hawk spent weeks hunting along the northern border of the farm and was often perched on fence posts.

Dec. 12, A2R Farm. A clear afternoon and the sheep graze with the Three Sisters volcanoes as a backdrop. The forage is after harvest re-seeded annual rye grass (foreground) and small grains (background).

 Jan. 17, Fern Rd Farm. Lichens, moss and snow on an old fence board. These amazing organisms are shriveled dry in the summer and come to life again each winter.

Jan. 18, Fern Rd Farm. Mac Stewart wades through flood waters. As I described in this blog post, the Marys River set a new record high in January.

Jan. 20, Fern Rd Farm. Squash from neighbor’s compost pile moves across our field during flood (but it’s organic so that’s okay).

Jan. 27, A2R Farm. Moving ewes across the road to fresh grass.

Feb. 2, A2R Farm. The sun burns off patchy morning fog. Many clear winter days begin with fog in the valley.

Feb. 2, A2R Farm. A curious ewe approaches the fence. This breed is a Horned Dorset.

Feb. 18, Fern Rd Farm. OSU students plant native riparian trees along an exposed bank of the Marys River.

Feb. 19, Wattenpaugh Farm. Young pasture, irrigation risers, and snow on Marys Peak.

Feb. 19, Wattenpaugh Farm. Fowl in flight: Seasonal ponds on this and a neighboring farm attract several species of water fowl.

Mar. 8, A2R Farm. Signs of spring in the blossoms and emerging leaves of a small tree along the edge of a field and Muddy Creek.

Water, Water Everywhere

The rich soils in Oregon’s Willamette Valley are a gift from the Missoula Floods at the end of the last Ice Age.  Between 15,000 and 13,000 years ago as glacial ice sheets melted and retreated, the valley was flooded about 40 times–essentially becoming a temporary lake hundreds of feet deep, over and over again.

For 13,000 years now, rivers have sculpted this once flat, lake-bottom landscape into well-defined channels that don’t meander frequently like they would in a delta zone.  But over the past several thousand years Willamette Valley rivers have jumped out of their main channels hundreds of times and occasionally even found new routes, leaving behind clear signs of their movements in features such as oxbow lakes.

When looking over farm fields in the area, the best soils are adjacent to rivers that jump their banks.  River-flooded fields tend to have undulations across them, which signifies the deposition of silt, and possibly sand.  By contrast, clay is a sticky substance that doesn’t settle out fast during a flood, but will come to rest in calm waters at the bottom of a lake.  A good loam is a balance of silt, sand and clay, conditions typically mediated by active river deposition.  This means that if we are going to farm on the best soils, we should expect the sporadic flood.

Farmland LP manages three properties in  Willamette Valley south of Corvallis.  This particular area, and our farmland, was recently subjected to the highest flood waters in about 100 years.  The river that set a record wasn’t the Willamette, but a tributary called Marys River.

This image combines nine into a 360 degree panorama and was taken in the early afternoon of Jan. 20th at Fern Road Farm. The waters were still near record high levels but beginning to recede and 6″ below their peak.  
An historic flood event is an opportunity to observe, learn and be in awe.  For this post I’ll review the value of the flood for our management choices and practices.  I will also explain the unique circumstances that caused the flood, and, getting to the “awe” part, show you some of the best images I captured.

What Was Learned and Reinforced

Seeing what happens at high water is very instructive.  We now know where the river may jump the bank with force and can design mitigation strategies accordingly.

For example, our new fence is made with flexible posts that can take the weight of a tree or the impact of rushing water and debris and stand back up after the force is removed–something metal T-posts don’t do.

Woody vegetation in the riparian zone and along edge spaces has economic and ecological values, including acting to absorb, deflect, and spread the force of flowing water.  Our riparian restoration project at Fern Rd Farm (funded by a state OWEB grant through the Marys River Watershed Council) was too young to protect the farmland this year, but will provide a stronger buffer in the years ahead.  A hedge row north of the gravel drive at Fern Rd Farm may have protected it from erosion, for example.  A thick riparian forest at Wattenpaugh Farm may prevent an overflow channel from down cutting and forming a gully in the farm field.

Our pasture-sown land greatly reduces the risk of erosion.  Organic farmers, even if they are not planting pasture, tend to do a good job getting a cover crop on fields to keep soil from washing away and to build organic matter and nitrogen stock.  This is both a discipline and a necessity since the soil IS the fertility and synthetic inputs can’t be used to make-up for poor land cover and soil loss. Whereas our land is becoming more resilient over time, the downsides to the shortcuts taken by chemical-based farming are revealed most clearly in times of extremes, such as floods or droughts.

Record Snow and Rain

A very unusual sequence of events led to the flooding.  Snow began falling on the valley floor Jan. 15th.  It stuck around and accumulated through Jan. 17th.  And although snow depth was shallow in the valley proper, the surrounding foothills and colder, outlying valleys had several inches of heavy, wet snow on the ground.

Then came Jan. 18th and the beginning of record rainfall.  The rain gauge at the Hyslop Weather Station just north of Corvallis recorded  2.55 inches on Jan. 19th and a record-breaking 4.05 inches for Jan. 20th. Nearly 3 more inches came down over the following seven days, which kept the water near or above flood stage for almost a week.

The water level gauge for the Marys River is situated near Bellfountain Rd, which is between two of our properties.  Observation and forecast hydrographs are updated regularly and this one shows the river near its peak on Jan. 19th.

I visited Fern Rd Farm prior to the flooding and while snow was on the ground.  I wanted to check on the status of trees planted this fall in the riparian forest, and remove any equipment that may be carried away with high water.  Below is an image showing the river level and snow cover on Jan. 17th.

And this was taken about 24 hours later.  The river is at flood stage and all the snow is gone.  River levels crested over a foot higher than what is shown here.

Landscape Perspective

It is helpful to see where the rivers are in relation to the farms and how the landscape copes with so much water.

Below is a map of the three Farmland LP properties in the area, which are outlined in dark blue.  Fern Road Farm is in the northwest of this image, Wattenpaugh Farm is northeast, and A2R Farm in the south.  The Marys River creates the northern border of Fern Road Farm, and a southern and eastern border of Wattenpaugh Farm.  Muddy Creek, which joins the Marys River at the southeast corner of Wattenpaugh Farm, cuts through the A2R property.  Both rivers flow, in general, towards the north and east, with the Marys River entering the Willamette in downtown Corvallis.

Normal river channels are revealed in dark green, which is tree cover.  With light blue lines I have traced the approximate additional paths the rivers took when the flow rates exceeded the main channel capacity.  For scale, the N-S blue line representing the Muddy Creek overflow route runs just over one mile through the A2R Farm.

Back to Ground Level

Here are some images of what these overflow channels looked like.

Muddy Creek spills across Airport Road the morning of Jan. 20th.  Buildings of A2R Farm are visible about a mile in the distance to the left.  Any tree or hedgerow plantings along Airport Road should leave ample room for water passage at this location.

Marys River crossed Fern Rd Farm in a braided swale complex (as opposed to a single, wide channel for Muddy Creek at A2R) and took paths that went different directions, including southward to Evergreen Creek.  The above image shows where a large ditch adjacent to a gravel road is insufficient for the record flows.  The top layer of gravel washed off and will need to be re-applied.  In the background it is clear that the well pump and irrigation pipe are on high ground.

The south field at Fern Rd Farm has over a foot of water on it while flowing slowly towards Evergreen Creek. Litter on the wheel line indicates it had been higher.  In the foreground is a tall stand of forage brassica, which shelters a fall sown pasture.  

The riparian forest is absent from a portion of the Marys River as it passes along the south-eastern edge of Wattenpaugh Farm.  Here is where the river jumped the bank and flowed vigorously northward across the field.  Planting trees here would slow this flow.

Damage Assessment

The properties held up well to the record flood with very minimal impact.

Some of the gravel roads need to be topped off and graded. We lost a few of the trees planted in the riparian zone this fall.  Our infrastructure and management plans in the works will make these farms even more resilient in the future.

How Are the Sheep?

This is the first question from many concerned friends and colleagues. During the floods the entire flock was at A2R Farm. This was an ideal place as the flooding was restricted to an impressively wide and deep, but single, channel with plenty of high ground on both sides.

So, as you can see below from a picture taken a week ago, the ewes and their babies took the weird weather in stride and are as happy as, well, lambs.


One Acre Feeds a Person

With the holiday season behind us many are feeling the effects of eating a bit too much and are working on a New Year’s resolution to shed some pounds.  This reminds me of a question I have been asked numerous times, i.e., “How much land does it take to feed somebody for a year?”  To rid you of any suspense, I usually give the answer as about one acre when referring to the U.S. today.

For those who want to understand why, what follows is an explanation.

Start with the Diet

A precise answer is impossible because so many variable factors are at play, including the productivity of the agricultural land.  But actually, the first step in answering this is to know the diet being considered (including any big holiday turkeys consumed).

The current U.S. diet is shown nicely in the graph below from  Visual Economics.

To summarize, the average American consumes about 2000 lbs of food per year, which works out to about 5.5 lbs and 2700 calories per day–or nearly your entire body weight in food per month.  Divide those daily 2700 calories by 5.5 lbs and you get 490 calories per pound of food, on average.

There are differences in the quality of various parts of the diet that are important to appreciate, including caloric density.  Fruits and vegetables are abundant in the diet by weight and give us the flavors, fiber, vitamins and minerals we crave, but only typically provide 50-150 calories per pound.  By contrast, a single slice of my favorite bread (pictured below) has 110 calories and only weighs a tenth of a pound.  Oils and fats are about three to four times more dense, calorie-wise, than bread.  Meat tends to have slightly fewer calories per pound than high starch foods.  For example, boneless lamb chops without the edge fat are around 976 calories per pound, according to the USDA’s Food-A-Pedia, which I could peruse for hours.  Low-fat milk, which is mostly water, still has about 200 calories per pound (about a pint).

Converting to Area

If we take the average U.S. diet as our starting point, we can convert each component of this diet into the area needed to produce it by using average U.S. harvest yields.  For example, the USDA reported recently that the average corn harvest was 147 bushels per acre, or about 8250 lbs.  It takes a true professional to sort out how much of this corn gets into the human food supply, since corn is normally eaten in highly processed and modified forms.  The vast majority of corn is roughly split between ethanol factories and animal feed, with perhaps 10% or less used for food directly (e.g., polenta) and via food processing (e.g., gummy bears).

This sort of complexity is why I must rely on others to make the diet to area conversion.  The most recent studies I am aware of were done for the state of New York by a team of Cornell scientists led by Christian Peters.  Here’s a link to one of the published papers, but a more accessible review is also available and highly recommend for those who hunger for more information.

Below I have posted a key summary graphic from the paper.  Along the Y-axis is land area in hectares needed to feed one person for a year, which is dependent upon the model diets shown along the X-axis.  Each model diet is labeled by two dietary factors:  meat and fat.

Adding Meat Feeds More People

The finding that gained headlines from this study some years ago had to do with the fact that adding some meat and dairy to the diet, while increasing land area, actually fed more people.  This is because much land is not suited to annual crops but can be sown in pasture (most of the “perennial crops” shown in the bar graph are pasture).  Cutting the average meat consumption roughly in half, which would de-emphasize hogs and poultry in the diet as these rely on grains, actually feeds more people than a vegetarian diet.

And the Answer Is…

Since the area of production needed is most sensitive to meat and fat consumption, we can see which of the model diets in the Cornell study is closest to the typical American diet to estimate the per capita area given current habits.  To gauge the average, look at the middle of the chart above the 190 grams of meat per day and you’ll see that this converts to about 0.45 hectares, which is just a bit over one acre.

It is fair to ask if New York is representative of the U.S. in terms of agricultural potential.  I actually think it is pretty “average” having a mix of both good and poor soils, mountains and plains and a climate that is neither the most benign nor most extreme.  Certainly California and Iowa are not average so we shouldn’t be extrapolating from those best cases.

It would be nice, and possibly critical, to have this sort of research done more extensively.  To that end, the Cornell group has a grant to develop a Local Foodshed Mapping Tool.  It is being created for New York but the methods should be applicable anywhere.

Connecting Issues

Those who are savvy about how food is produced will have many follow-up questions to this direction of thought.  For example, crop yields are no longer a simple function of Nature’s endowment of soil, the blessings of good weather, and irrepressible seed germination. Nearly all farmers rely on a steady stream of outside inputs in forms such as ammonia-nitrate and super phosphate.  These derive from concentrated below ground sources of energy and raw materials deposited over geologic time.  As I’ve explored before on this blog, food supply is over-correlated for my comfort zone with oil supply.  Over the past few years I’ve also written about techniques for de-linking food production from massive external inputs.  But that is a long discussion that has no easy answer either.

I’ll just add that addressing the outside inputs conundrum makes one consider the role that well-managed grazing systems have in an agriculture that can sequester carbon, clean water, and build soil fertility more endemically.  And for those who claim we don’t have the land area to do this, take a look at the acres of corn sown each year (about 100 million acres) and how much of that is used for direct human consumption (about 10 million acres) in the U.S.  Looking at the numbers clearly shows we have a problem of too much artificially created demand.  Why not put pasture on 90 million acres of cropland and let the ruminants eat their evolved diet?

Most people are not looking forward to a 10 minute lecture when they ask me a supposedly simple question.  So while there are many variables and lots of imprecision when answering  “How much land is needed to feed a person,” for today’s American diet, with today’s agricultural system, I’ll stick with about one acre.

Geese are back

Today was a fine first fall morning.  As I stood around talking to John Neumeister and Mac Stewart about sheep forage and breeding plans, the early fog cleared and the sky became wonderfully blue…and noisy.

The geese are back.

I don’t know which goose species is pictured above as I am no ornithology expert and the Willamette Valley hosts four species and nine total subspecies each winter.  If we add ducks and swans to the bird list that later number goes up to 28 according to surveys from local wildlife refuges.

Area farmers have mixed feelings about these feathered friends.  Large flocks damage grass seed fields, but many farmers also install ponds to encourage water fowl to land on their property.  They may receive income from hunting clubs, or just appreciate having wildlife around.

This is the official end of summer but we continue to have summer-like weather. I hope it lasts a while longer as the wet, cold spring delayed that summer feeling.  But I can’t control the weather so will accept whatever comes and adapt as needed.

Profiled in Sustainable Business Oregon

Farmland LP is getting a decent amount of press lately.  The most recent was last week in Sustainable Business Oregon.

Here’s a bit from the article:

For Cody Wood, a sheep farmer near Harrisburg, the appeal is financial.

By leasing from Farmland, Wood is able to spend more on his flock.

“I’m leasing 125 acres; it’s got $40,000 or $50,000 worth of irrigation equipment on it. I wouldn’t have been able to swallow that cost,” Wood said. “And I can produce a lot of animals on this farm.”

What he pays for his time on the land will depend on what he gets paid for his sheep. Farmland LP shares the risk with farmers, betting that their land will produce higher yields.

“One way or another we have to get farmland available to younger farmers and this is one way to do it,” said Harry McCormick, a Corvallis farmer and co-founder of Oregon Tilth, who served as an adviser to Farmland. “I like that the fact that it’s money coming out of the banking sector.”

Cody and I are in the middle of setting up the irrigation equipment right now and it is indeed quite an investment.  But the payback is also very good as lambs will grow out quickly, to be ready for market in the fall and therefore not need over-winter care.

The article includes a few good pictures, including this one of a baby lamb and ewe taken on May 18th.  Healthy lambs on their mother’s milk may gain about a pound per day.  The newborns will often be walking within an hour of birth and be running around, quite agile and fast, in a couple of weeks.

Thanks to Christina Williams for writing this piece.  It is nice to get some coverage in the regional press.