Seeking Alpha

Farmland Partners purchases 2nd Arkansas farm

  • The 690-acre row crop farm in Arkansas is under agreement for about $2.7M in cash, and the deal is expected to close in the next month.
  • Farmland Partners (NYSEMKT:FPI) CEO Paul Pittman notes this farm is within two miles of another Arkansas farm under contract and the company should be able to realize economies of scale.
  • Press release
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