CONTRACT PENDING

Price: $2,730,000 ($5,250 per tillable acre)

Total Acres: +/- 577 acres

Cultivatable Acres: +/- 520 acres (90%)

Precision Leveled Acres: +/- 458 acres (88%)

Irrigated Acres: +/- 363 acres (70%)

Irrigation:

· New 5,000 GPM Diesel Pump lifting 15 feet from Little Tallahatchie River

· New 12” underground pipe installed with manifold and risers for flow direction

· All irrigation improvements being completed Spring 2021

Lease: 2021 Cash Rent

· Irrigated Ground: 363 acres @ $200/acre

· Dry Ground: 157 acres @ $150/acre

TOTAL: $96,150

Soil Composition:

· NCCPI Rating: 69.9

· 80% composed of Class 2 soil types

Crops Cultivated (2020):

· Corn, Soybeans, Wheat, Peanuts

Crop Base Acreage:

· Seed Cotton: 442.0 acres

· Generic Base: 78.0 acres

Real Estate Taxes: Approx. $11.71/acre