Buy
Identify at least $50 million of farmland in a single region with the right “Sunshine, Dirt, and Water” – great growing climates, high-quality soils and plenty of available water.
“Buying farmland is really buying sunshine, dirt, and water. We focus on great growing climates, high-quality soils, and secure water rights.”
Craig Wichner, Founder
These are the elements for growth that run through our property selection and active farm management.
An Example
Farmland LP acquired the 150-year-old Burns Farm in 2013. This 4,000-acre farm had grown the same three crops for 50 years, rotating them approximately every five years.
2013 Purchase Price $29.5M
2023 Appraised Value $92.3M
Increase in Value 3.1x
Crop | Revenue / Acre |
---|---|
Alfalfa / Hay | $355 |
Corn | $300 |
Tomatoes | $369 |
Total / Average | $347 |
Crop | Revenue / Acre |
---|---|
Organic Blueberries* | $1,124 |
Organic Beans / Melons | $750 |
Organic Grain Corn | $750 |
Organic Green Beans | $750 |
Organic Squash | $750 |
Organic Sweet Corn | $750 |
Organic Tomato's Process | $750 |
Organic Watermelons | $750 |
Organic Pasture | $300 |
Olives** | $461 |
Almonds** | $357 |
Conventional Row Crops*** | $551 |
Total Organic | $809 |
Total Conventional | $489 |
Total / Average | $705 |