Farmland partners adds to illinois farm portfolio

Denver--(business wire)--farmland partners inc. (nyse: fpi) (the “company” or “fpi”) yesterday further expanded its presence in illinois with the acquisition of a corn and soybean farm in edgar county. the 65-acre property, which is all tillable, was purchased for $910,000 and will be leased back to the seller for the remainder of the year. “this tract adjoins other farmland owned by the company, and its addition should enable us to lease a large swath of nearly contiguous land at a premium ren
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