The proprietor of this property strategically selected land to add to this portfolio just as a dedicated connoisseur of art would add a fine piece to a collection.
Tri-County Farm is a rare blend of plow, water, and productivity. This untapped mine of plenty is ripe with opportunity. Crossing those tracks and taking the journey of growth and abundance is one that will provide for generations. Simply stated: this farm has diverse soil that produces a myriad of crops; a surplus of irrigation water; and immense grain storage. Opportunities such as this do not present themselves often.
The Tri-County Farm provides a rare opportunity to purchase a highly-improved, investment-grade farm. The Tri-County Farm is offered for sale for $22,845,000.00 for 4,359 acres and all improvements.
You are highly encouraged to take a farmer-guided tour of this farm. The perspective and insight of seeing the farm through the eyes of a farmer creates a chance to see a farmer’s farm.
Franklin Fogleman
901-674-2840
Tri-County Farm Summary
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Location:
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Irrigation Sources:
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Water
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Soils:
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Grain Bins:
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FSA Crop Base
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Yields:
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| Location: |
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| Crittenden, St. Francis and Cross Counties |
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| Farmland: |
4,359.2 acres |
| Cultivation - Crop: |
4,077.8 acres |
| CRP: |
108.7 acres |
| Roads, woods, shops, etc: |
172.7 acres |
| |
|
| Acres Irrigated: |
3,848 acres |
| Acres Non-Irrigated: |
229.8 acres |
| Irrigation Wells: |
48 |
| Electric Wells: |
45 |
| Center Pivots: |
4 |
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|
| Storage: |
437,000 bushels |
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| Price: |
$22,845,000, |
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| Contact: |
Franklin A. Fogleman, Jr. |
| Summary of Irrigation Sources: |
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|
| Irrigation Wells: |
48 |
| Electric Wells: |
45 |
| Diesel Powered Wells: |
3 |
| Center Pivots: |
4 |
| Irrigation Risers: |
48 |
| Underground Pipe: |
21,000 LF estimated |
| Summary of the Water: |
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| |
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| Acres Irrigated: |
3,848 acres or 94.3% of cultivated acres |
| Acres Non-Irrigated: |
229.8 acres or 5.3% of cultivated acres |
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|
| Acres earth worked: |
3388.76 acres |
| Acres precision leveled: |
2914.17 acres |
| Acres earth worked 2011-2015: |
2357.12 acres |
| Acres flood irrigated: |
194.13 acres |
| Acre row watered: |
280.16 acres |
| Summary of the Tri-County Farm Soils |
|
| Type |
Acres |
Percentage |
| Clay based |
2077 |
47.6 |
| Silty clay based |
1420 |
32.6 |
| Silty loam based |
866 |
19.8 |
Summary of Grain Bins:
(2) 30,000 bushel capacity with 40HP electric fans and electric unloads on each bin
(6) 10,000 bushel capacity with bi-bin fans and a portable electric unload
(1) 42,000 bushel capacity with 50HP electric fans and electric unload
(4) 10,000 bushel capacity with 30 HP bi-bin fans and a portable electric unload
Loop System: 10” loop with a receiving pit and drive over unload. Bins consist of (1) 23,000 bushel, (3) 30,000 bushel, (1) 50,000 and (1) 72,000 bushel.
The system is complimented with a 500 bushel per hour dryer that is powered by a natural gas.
Total Capacity: 437,000 bushels of storage
| Summary of Tri-County Farm FSA Crop Base Acres: |
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| Crop Base |
Acres |
Support Program |
| Beans |
3927.18 |
ARC - CO |
| Long Grain Rice |
1578.4 |
PLC |
| Medium Grain Rice |
180.99 |
PLC |
| Wheat |
460.14 |
PLC |
| Grain Sorghum |
161.2 |
ARC - CO |
| Corn |
2.1 |
ARC - CO |
| Generic Base |
237.6 |
N/A |
The PLC Rice program, serves to provide price protection equal to 171,225 bushels of long grain rice at the payment rate of $6.30 per bushel.
| Historical Yields: |
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|
|
|
| Year |
Corn |
Rice |
Soybeans |
Wheat |
| 2012 |
NA |
168 bpa |
43 bpa |
56 bpa |
| 2013 |
150 bpa |
172 bpa |
44 bpa |
60 bpa |
| 2014 |
170 bpa |
180 bpa |
40 bpa |
65 bpa |
| 2015 |
172 bpa |
174 bpa |
51 bpa |
61 bpa |
| Averages |
164 bpa |
174 bpa |
45 bpa |
61 bpa |