Farm Management

Upon execution of the Management Agreement, we will begin preparing a comprehensive management plan. This report will serve as our base line of information from which we can begin developing both short and long-term plans for your farm. The report will include all information relating to your asset. The initial report includes, but is not limited to, the following types of information: the owner’s goals and objectives, irrigation and drainage improvement analysis, all USDA farm information, Past and future crop plans, professional coordination with attorneys, CPAs, etc., maps and aerial photographs, soils information, operator information, investment analysis, a summary and recommendations.

Throughout the year we will inspect your farm and meet with the farm operator to ensure that the operation of your farm is moving along as planned. We will send you periodic reports to advise you of this progress including the following:

Planning Reports – During the first several months of a crop year we will meet several times with the farm operator to discuss and finalize plans for the upcoming crop year. At that time we will also review any improvement plans, crop marketing, and other pending projects. A complete report and yearly budget will then be sent to you for review and approval.

Planting Progress Reports – This report will verify crop acreage and crop growing conditions to date.

Crop Condition Reports – Throughout the growing season you will receive regular updates of crop conditions and current commodity markets.

Project Reports – As needed, you will be provided updates as to the progress of special projects and other matters that may relate to your farm. We will also update you as to any other issues that may affect your farm, such as changes in government policy.

Harvest Reports – Upon the completion of harvest, we will send a complete breakdown of the yield of each crop.

A complete review of all activities will be provided at the end of the year. This report includes a recap of crop performance, crop income (gross and net) and total expenses, as well as a review of all other farm improvements we plan to implement. Additionally, the farm operator’s performance will be evaluated and lease negotiations for the coming year will be completed.

We will maintain a bank account in your name. You will have electronic access to this account to check the balance at any time. Each quarter you will receive an accounting statement reflecting all financial activity of your farm. Rents, crop income and government payments will be deposited and approved expenses will be paid from this account. You will also receive an End-of-Year Accounting Summary to assist you in your tax preparation.

We will work with various firms throughout the Mid-South to tailor a marketing plan specifically for your farm. We are experienced in marketing cotton, rice, corn, soybeans, milo and wheat.

With us managing your property, you will enjoy the comfort of knowing that your property is being well-managed by qualified Accredited Farm Managers who understand the complexity and intricacies of today’s agricultural environment. We possess the technology, education and experience to ensure your farm becomes profitable and sustainable and remains that way.