Buying Farm Land

Today’s episode is a unique approach to farmland investing. Farmland LP buys farmland and adds value by doing things like planting higher value crops, converting to certified organic, and implementing regenerative farming practices. The company then leases the land back out to farmers who agree to maintain these practices. Joining us on the show today is Farmland LP founder and managing partner Craig Wichner. Craig founded Farmland LP in 2009 and is responsible for day-to-day management, business strategy and all investment activity. He is a seasoned executive with nearly 30 years of experience building companies and investing.  Craig has also helped to manage his family’s real estate portfolio of apartment buildings for over 25 years. He also serves on the board of BN Ranch, Bill Niman’s successor company to Niman Ranch. 

Craig and I have a fascinating and wide ranging conversation about investing in farmland, their strategies for acquiring property and adding value, and how he is thinking about the future of agriculture and this asset class of farmland. As you’re about to hear, Craig’s not afraid to call it like he sees it, especially when it comes to sustainability related topics. He sees a lot of greenwashing going on in agriculture and wants to see more data-backed metrics of improving the lands in which we farm.