Dear Iroquois Valley Investors & Stakeholders,

As we begin 2025, our team is working closely with our portfolio of farmers across the U.S. We want to ensure they have the support they need to continue their work as successful organic land stewards, given the federal funding freezes and grant program adjustments.

We remain steadfast in our commitment to providing organic, regenerative farmers with stable, long-term financing. Your investments in Iroquois Valley provide the long-term capital farmers need, now more than ever. Private sector donations are also important, and many great organizations support farmers directly, including Healing Soils Foundation, which provides grants directly to organic and regenerative farmers across the Midwest.

Before we put 2024 to pasture, we wanted to share a final wrap-up of our fourth-quarter gains. In Q4 we strengthened our partnership with three current Iroquois Valley farmers by closing new investments to support their expanding operations. Our fundraising efforts also wrapped up on a high note, reaching $15.4 million by year-end with 122 new investments and 78 new investor relationships.

Curious about what’s next? Check out our latest press release, where we showcase our banner year in 2024 and dive into our first investment of 2025 — an expansion of our partnership with fourth-generation farmer Rex Wettstein. On this new 200-acre property in Wolford County, IL. Rex will grow organic corn, soy and wheat, as well as oversee two wind turbines, highlighting an exciting move towards more green energy investment in our portfolio.

OUR PORTFOLIO

OUR IMPACT

FARMER SUPPORT ANNOUNCEMENT

RODALE INSTITUTE PARTNERSHIP

We are excited to announce a new partnership between the Rodale Institute and Iroquois Valley designed to accelerate the transition of more farmland to USDA Organic Certified production. In this collaboration, Rodale Institute’s Organic Consulting Team will launch two key pilot programs with Iroquois Valley farmers in 2025. These programs are aimed at helping farmers transition to and thrive with organic, regenerative agriculture practices. Learn more about the programs in our press release:

SAVE THE DATE: MARCH 13

IROQUOIS VALLEY ANNUAL MEETING

Please mark your calendars for our virtual 2025 annual shareholder meeting happening in just a few weeks. Join us for an engaging discussion on March 13, 2025, at 1 p.m. CT.  We will provide an update on our financial results, the farmer portfolio, and our impact.

Please note, this meeting is for Iroquois Valley REIT shareholders. If you’re an advisor, noteholder, or prospective investor interested in attending, please contact us at invest@iroquiosvalleyfarms.com to secure your spot.

SAVE THE DATE

REGENERATIVE FOOD SYSTEMS INVESTMENT & IROQUOIS VALLEY WEBINAR

Learn more about how Iroquois Valley is scaling organic, regenerative agriculture through strategic investment partnerships with row crop farmers across the United States. This webinar will showcase our collaborative, innovative approach and the benefits for investors, farmers, and the environment.

In the webinar, you will hear from a farmer in our portfolio about his experience of transitioning to organic practices. Our team members will also share information about our tangible pillars of impact. Don’t miss this opportunity to learn how our work is driving real change and delivering triple-bottom-line returns!

CONNECT WITH IROQUOIS VALLEY

Our team is attending these upcoming conferences. Reach out to connect!

• Women Transforming Food & Finance (Atlanta, GA)
• SAFSF Forum (Santa Ana Pueblo, NM)
• Confluence Advisors Forum & Climat Solutions Summit (NY, NY)

Photos: Johnson Family Farm, Wholesome Meadows Farm, Tulip Tree Gardens and Mint Creek Farm

RNR Notes are available to accredited investors only. You may only invest after careful consideration of our complete Private Placement Memorandum, verification of your accredited investor status, and the submission of any other information required by Iroquois Valley relating to your proposed investment. No offering of RNR Notes is being made to investors until the Company has complied with the applicable state law. 

Iroquois Valley Farmland REIT, PBC is offering its common stock for sale pursuant to Tier 2 of Regulation A+ and as such intends to be exempted from state qualification pursuant to federal law. No offer to sell securities or solicitation of an offer to buy securities is being made herein or in any state where such offer or sale is not permitted under the blue sky or state securities laws thereof. Offerings are only made through our Offering Circular, available here. Some of the statements herein may constitute forward-looking statements under federal securities laws. Such forward-looking statements are subject to various risks and uncertainties, including those described in the Offering Circular.

No offering is being made to investors unless and until the offering has been noticed in that state, as applicable. In compliance with state securities laws, please contact the Company if you reside in NY to determine if an investment in our common stock (or further investment) is possible.

CONNECTING FARMERS, 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 who want to grow their businesses. We move forward when we have a ready, willing, and able farmer.