Farmland in the Midwest

The genesis of farm land in the midwest, or farmland ownership, is the family farm. And as those family farms have grown overtime, they haven't created any more land. It's been other families that have stoppedactively farming and sold their farm. So it's very difficulti if an institution comes into space to put a hundred or 200 or 300 million to work in one transaction,. If you don't have the the contacts and the connections to source a lot of this land. Although i s fund is for sale every day on the new york stock exchange, all the land that we buy, we have to source now privately. Youre through localized public auctions.