Farmland partners adds first indiana farm to portfolio

Denver--(business wire)--farmland partners inc. (nyse: fpi) (the “company” or “fpi”) yesterday purchased 161 acres of cropland in benton county, indiana. the corn and soybean farm consists of two contiguous tracts and was acquired for approximately $2.1 million. “this is the first farm that the company has bought in indiana, and we are looking to add more,” said fpi chairman and ceo paul pittman. “we're very familiar with the region's soil, climate, and strong tenant base because of its proximi
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