During the corresponding time, Farmland Partners Inc saw a revenue deteriorated by -1.46 % year on year, sequentially revenue fell by -51.23 %. While revenue at the Farmland Partners Inc 's corporate clients
Farmland Partners Inc's Comment on Sales, Marketing and Customers
The company serves investors interested in U.S. farmland, emphasizing the financial benefits of agricultural production and land appreciation in the U.S. market. Key features of this market include low leverage, extensive grain transportation infrastructure, and a large domestic market for primary crops priced in U.S. dollars. The company may also invest in farmland in Canada, Australia, or New Zealand. Its customers include farm-operator tenants who lease farmland, primarily under fixed-rent leases with advance payment requirements to reduce credit risk. The company also employs variable-rent and hybrid leases based on regional practices and profitability expectations. Tenants typically pay or reimburse operating expenses such as maintenance, water, insurance, and real estate taxes, while the company manages plantings and improvements on permanent crop farmland.
In a remarkable transaction that underscores the evolving landscape of agricultural investments, Farmland Partners Inc. (NYSE: FPI) has announced the sale of a substantial farmland portfolio to Farmland Reserve, Inc. This landmark deal, valued at $289 million, involves 46 farms spanning 41,554 acres and represents a significant consolidation of agricultural properties that spreads across multiple regions and states. The all-cash transaction is expected to close on October 16, 2024, pending the fulfillment of all closing conditions.Farmland Partners Inc. headquartered in Denver, has long been recognized for its strategic acquisition and management of high-quality farmland properties. This latest transaction r...
Farmland Partners Inc’s Comment on Sales, Marketing and Customers
The company serves investors interested in U.S. farmland, emphasizing the financial benefits of agricultural production and land appreciation in the U.S. market. Key features of this market include low leverage, extensive grain transportation infrastructure, and a large domestic market for primary crops priced in U.S. dollars. The company may also invest in farmland in Canada, Australia, or New Zealand. Its customers include farm-operator tenants who lease farmland, primarily under fixed-rent leases with advance payment requirements to reduce credit risk. The company also employs variable-rent and hybrid leases based on regional practices and profitability expectations. Tenants typically pay or reimburse operating expenses such as maintenance, water, insurance, and real estate taxes, while the company manages plantings and improvements on permanent crop farmland.
Sources:
Farmland Partners Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Farmland Partners Inc’s corporate clients.
For your research, we’ve provided 9 tables on Farmland Partners Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
35.05 %