Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”)
today announced that it has joined Field to Market: The Alliance
for Sustainable Agriculture™ as an associate member.
Field to Market’s more than 165 members – spanning the
agricultural supply chain including farmer organizations,
agribusinesses, brands and retailers, research institutions, and
conservation organizations – work together to foster continuous
improvement and increased transparency in the sustainability of
commodity crop production. FPI is the first real estate investment
trust (REIT) to join the organization and represents one of the
association’s largest landowners.
“We believe that farmers are tremendous stewards of the land,
maximizing food production for a growing world population while
decreasing its environmental impact,” said FPI President Luca
Fabbri. “Agriculture will continue to make advancements on the
sustainability front, and it will be important to arm farmers with
the tools and resources they need to voluntarily implement the
practices that make the most sense for their operations. Field to
Market agrees and plays an important role in farm
sustainability.”
Fabbri noted that FPI’s tenants are already embracing the latest
agronomic techniques, technologies, and conservation practices to
drive efficiency and preserve the land they farm. According to a
tenant survey released by the Company in April, 97% of respondents
said that they invest in soil health, 94% practice conservation
tillage, 87% use variable rate application technology to apply crop
inputs, and 51% participate in federal conservation programs.
The survey also found high adoption rates for other
environmental strategies, such as grassed waterways or buffer
strips to slow runoff and trap soil sediment, planting cover crops,
and the use of diesel exhaust fluid to reduce emissions from farm
equipment.
“We are excited to welcome Farmland Partners to our membership
and look forward to working closely with them as we continue to
focus on defining, measuring, and advancing the sustainability of
America’s food, feed, fiber, and fuel production,” said Field to
Market President Scott Herndon.
About Farmland Partners Inc.
Farmland Partners Inc. is an internally managed real estate
company that owns and seeks to acquire high-quality North American
farmland and makes loans to farmers secured by farm real estate. As
of the date of this release, the Company owns and/or manages nearly
195,000 acres in 19 states, including Alabama, Arkansas,
California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa,
Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North
Carolina, South Carolina, Texas, and Virginia. We have
approximately 26 crop types and more than 100 tenants. The Company
elected to be taxed as a real estate investment trust, or REIT, for
U.S. federal income tax purposes, commencing with the taxable year
ended December 31, 2014. Additional information:
www.farmlandpartners.com or (720) 452-3100.
About Field to Market
Field to Market: The Alliance for Sustainable Agriculture™
brings together a diverse group of grower organizations;
agribusinesses; food, feed, beverage, restaurant, and retail
companies; conservation groups; universities and public sector
partners to focus on defining, measuring, and advancing the
sustainability of food, feed, fiber, and fuel production. Field to
Market is comprised of over 165 members representing all facets of
the U.S. agricultural supply chain. Additional information:
https://fieldtomarket.org/.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the federal securities laws, including, without
limitation, statements with respect to expected yields on acquired
farmland, our outlook, proposed and pending acquisitions and
dispositions, the potential impact of trade disputes and recent
extreme weather events on the Company's results, financing
activities, crop yields and prices and anticipated rental rates.
Forward-looking statements generally can be identified by the use
of forward-looking terminology such as "may," "should," "could,"
"would," "predicts," "potential," "continue," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates" or similar expressions or their negatives, as well as
statements in future tense. Although the Company believes that the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions, beliefs and expectations, such
forward-looking statements are not predictions of future events or
guarantees of future performance and our actual results could
differ materially from those set forth in the forward-looking
statements. Some factors that might cause such a difference include
the following: general volatility of the capital markets and the
market price of the Company's common stock, changes in the
Company's business strategy, availability, terms and deployment of
capital, the Company's ability to refinance existing indebtedness
at or prior to maturity on favorable terms, or at all, availability
of qualified personnel, changes in the Company's industry, interest
rates or the general economy, adverse developments related to crop
yields or crop prices, the degree and nature of the Company's
competition, the timing, price or amount of repurchases, if any,
under the Company's share repurchase program, the ability to
consummate acquisitions or dispositions under contract and the
other factors described in the section entitled "Risk Factors" in
the Company's Annual Report on Form 10-K for the year ended
December 31, 2021, and the Company's other filings with the
Securities and Exchange Commission. Any forward-looking information
presented herein is made only as of the date of this press release,
and the Company does not undertake any obligation to update or
revise any forward-looking information to reflect changes in
assumptions, the occurrence of unanticipated events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20221219005034/en/
Phillip Hayes phayes@farmlandpartners.com
Farmland Partners (NYSE:FPI)
過去 株価チャート
から 11 2024 まで 12 2024
Farmland Partners (NYSE:FPI)
過去 株価チャート
から 12 2023 まで 12 2024
