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Farm Managers
are essential in protecting the client's asset base while balancing
risks and returns, maximizing income opportunities and minimizing
expenses. They mitigate risks inherent in the industry and obtain and
expand returns from the ownership of agricultural land and businesses
through a comprehensive knowledge and understanding of the business.
Scythe & Spade
provides a full array of farm management services which range from
basic property management to comprehensive operations and business
management - we take on the tasks you need us to do.
Farm management
services include:
• Short and
long range strategic business planning
• Identification and acquisition of financing
• Risk management and commodity marketing
• Procurement of inputs utilizing bulk buying power
• Day to day management of cultural operations, labor and machinery
• Managerial accounting and bookkeeping
• Project management in development of capital improvements
• Local, state and federal agriculture regulatory compliance
Due Diligence Studies
Scythe & Spade conducts detailed due diligence studies on all
of the agricultural properties our clients purchase or sell, regardless
of whether we are acting as the manager, buyers representative or
selling broker. This process confirms not only the material
facts regarding the investment but also delves deeper into the past
operations and future feasibility of the property. This process,
incorporating data from FarmBase
includes:
- Obtaining an accurate legal
description of the land by comparing deed, title report and survey
information with our geospatial data
- Documentation and analysis of all
natural resources, fixtures and improvements as well as the historical,
current and projected income, expenses and depreciable assets on the
property
- An analysis of market conditions
including regional farm leases, adjoining land uses and comparable
sales and listings
- An analysis of historical
cropping plans
- An assessment of water rights,
including well locations, efficiencies, design, and productivity as
well as an analysis of all related irrigation equipment
- Identification of major soil
types and classifications along with crop yield projections
- Investigation into current and
projected municipal zoning and flood designations
- Verification of participation in
and compliance with all applicable government programs, including FSA,
NRCS and RMA
- A detailed review of real estate
taxes and irrigation district assessments
- Proforma operating budgets and
financial analysis
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