Chris Janiec
Managing director Brent Burnett says recent data suggest return expectations for US farmland are closer to the 6-8% range than the 10-12% suggested by long-term performance.
The deal will give Value Midwest clients access to Peoples Company’s brokerage, land management and investment services.
After taking the helm at the NYSE-traded secondary marketplace for agricultural loans in October, Brad Nordholm tells Agri Investor it is getting harder to make generalizations about its agricultural borrowers.
Deputy director David Groeschl says the Land Board has $109m remaining for in-state ag and timber purchases.
Farmland service provider Peoples Company and data firm Mercaris will work with producers and other industry contacts to produce a study on organic farmland as an asset class.
A memo from acting director Corey Amon highlighted Homestead’s ESG policy and the downside protection offered by “lease structures that transfer the burden of productive yield and crop prices to the farm operator.”
The firm plans double the size of Houweling’s Group’s 30-acre Utah greenhouse, as expansion capital becomes increasingly important for the indoor ag market.
Washington agronomist Stu Turner tells Agri Investor that a large apple crop in 2017 has helped financial investors play an increasingly active role in the state’s farmland market.
Head of natural resources Marc Drouin tells Agri Investor his unit would have been unlikely to take on such a complex agricultural investment three years ago.
AgIS founder and president Jeff Conrad told a conference audience last month that US pensions are increasingly viewing farmland as a permanent fixture of their asset mix.