Management

The Farm will be leased to a very experienced farmer, known as a tenant.  The tenant owns all the necessary farm equipment needed to operate the plantation.  It is the responsibility of the tenant to finance the crop expenses and the harvesting costs.  The customary rent for leasing quality land such as this, after all the proposed improvements have been made, is a crop share of 28% of all products produced on the plantation, payable to the landowner. 

The landowner’s only obligation is the upkeep of certain improvements, if any, which is detailed in the Farm Lease Contract.

Fischer Associates Farm Management, Inc. has been managing agricultural land for over 30 years.  We pride ourselves in ensuring the landowner receives the best possible long-term return.  The main management duties include:

• The selection and employment of the tenant
• The negotiation and the closing of the farm lease contract
• Presentation of the yearly crop plan with budgets and income/expense projections
• Organization and supervision of additional investments in land, installations, and buildings if needed and approved by landowner
• Supervision of the proposed crop plans and the progress of the crop harvest
• Marketing the landowner’s share of the crops
• Maintaining the records for the farming operation, including the preparation of the data used by the CPA for the yearly tax return
• Representation of the landowner at the United States Department of Agriculture for participation in various farm programs
• Furnishing reports to the landowner, including financial statements, crop progress, harvest results, etc.
• Make arrangements with tenant to maintain the fertility of the Plantation according to soil tests

For these services, Fischer Associates Farm Management, Inc. charges 6% of the landowner’s yearly crop revenue, including other revenues such as house rental and hunting leases.