Farmland partners acquires first farm of 2022

Denver, jan. 31, 2022 /prnewswire/ -- farmland partners inc. (nyse: fpi) (the "company" or "fpi") recently completed its first farm acquisition of 2022, a 177-acre tract in mercer county, illinois. the corn and soybean farm was acquired on january 28 for $1.475 million, and its current three-year cash lease is expected to yield 3.6 percent annually.

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