Reinvesting in our Farm Families

   October purchases -- $4.5 million
Most farm families that we impact want more land. They are selling all production and planning to grow their business. Consequently, a large percentage of our purchases are repeat business with existing Iroquois Valley relationships (see chart). This means that we have been reinvesting a 2nd/3rd/4th and 5th time for our farm families. We could not be more pleased.

Typically, we purchase conventional land that must be transitioned. New capital directly funds a family transitioning more acres to healthy and organic food production, effectively bringing chemically-farmed dead soils back to life. This is a regenerative process that will encompass many phases, perhaps over generations, and include multiple purchases, especially for our young farmers.

Our staff and Board are positively challenged to keep up with the demand for new land by mostly millennial farmers. In the last month, we contracted to purchase three farms in one week. Each purchase was unique, and was differentiated in process through auction, a brokerage negotiation, and a direct sale from a land owner. All were repeat acquisitions for existing relationships. What follows is an insight into each. 

South Fork Farm - Livingston County, Illinois 
Vegetarian  (and vegan) diets are scaling demand for more healthy grains. Scott Friedman, one of Iroquois Valley's first farmers, stands in front of this year's organic corn harvest.
Farm to table is growing in rural America! Iroquois Valley staff, board and farmers dine together at a new local foods eatery after the successful auction.
Over the last four years, Iroquois Valley attended no less than three prior auctions with unsuccessful outcomes for our team of Livingston County farmers. In most cases, we were outbid; in another, Iroquois Valley was the highest bidder, but the selling entity negated the sale. Our long term commitment to helping these farmers grow their business resulted, this time, in the successful purchase of a 267 acre parcel. It will be farmed collectively by an extended family of farmers, Scott Friedman, Adam Roberts, and Logan Spenard.
Cottonwood Farm - Hill County, Montana 
Above: Doug Crabtree 
Above Right: Anna Jones-Crabtree
Below Right: one of the fields at Vilicus Farms in northern Montana.
All photos credited to Vilicus Farms

The Iroquois Valley Board approves all acquisitions and is happy to announce the purchase of an additional 960 acres for Doug and Anna Jones-Crabtree of Vilicus Farms. Our first purchase for Doug and Anna was in 2016 for 320 acres. The new acreage will be transitioned over two years by implementing their seven year, conservation oriented, crop rotation. Vilicus Farms developed five and seven year crop rotations that allow their dryland farming techniques to thrive. Crops include black beluga lentils and durum wheat.
Battle Creek Farm - DeKalb County, Illinois 

An additional 160 acre parcel for Jeff Anderson & family. The land was previously farmed conventionally with agricultural  chemicals and will now be transitioned to an organic grain rotation starting with a cover crop mix.

Transitioning the monoculture is a huge opportunity for our farmers. Helping this along with our third purchase is Jeff and Katherine Anderson in DeKalb County, Illinois. Our first was in 2015 for a 77 acre parcel. The Iroquois Valley Board approved the purchase of an additional 160 acres that will close later this month. Jeff is a 5th generation farmer growing specialty grains in a three-year rotation. Jeff's father transitioned their family farm in 1998 and they have been farming organically ever since. 

Iroquois Valley Farms in the News
Occasionally we read or hear of a story about how farm families are disappearing from the land. We do not see that with our organic farmers. Regarding this topic, our Board Member and Conservation Innovation Grant Project Director, Teresa Opheim, wrote an article for the September/October issue of Green Money Journal

Her article,  Farmer by Farmer, Investor by Investor, Regenerating America's Farmland, discusses Iroquois Valley Farms' decentralized approach to working with farmers and investors growing organic agriculture in the United States.

Read the article  here

Connecting farm families, communities, and investors since 2007. 
 
As a corporate guideline,  we do not look for specific farmland to purchase or finance. We develop relationships with farmers, mostly young and organic, who want to grow their farm business. We move forward only if we have a ready, willing and able farmer in hand. 

Learn more about the two investment options -- REIT equity shares or Soil Restoration Notes --  here. Or, email us to receive the offering materials at  invest@iroquoisvalleyfarms.com.
   
Iroquois Valley Farms | REIT | B Corporation  | Est. 2007

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