|| Print ||
|Articles - May 2013|
|Monday, April 29, 2013|
Page 4 of 5
At Farmland’s 1,000-acre Corvallis farm, the sense of passionate engagement on the part of Bradford and his current tenant-farmer partners is palpable. He is slightly professorial, ready to deeply discuss soil fertility, portable henhouse design or the life cycle of lichens, all in the space of two hours. At Farmland, Bradford’s primary role is land management, and he uses Google Earth to demonstrate to his visitor how organizing land rotations is a bit like laying a puzzle, with some pieces functioning as paddocks for nibbling sheep, others as home ground for hundreds of laying hens in their portable henhouses, some lying fallow or growing new pasture grass (and grass seed), and others fostering grain or veggie crops.
Bradford says Oregon was the perfect place for Farmland to start looking for land back in 2009-2010, as the bursting of the housing bubble caused the state’s grass-seed and nursery industries to suffer setbacks (the Corvallis main acreage is a former grass-seed farm).
Part of Farmland’s attraction for investors is the focus on pastured production on a larger scale than what sustainable agriculture has been able to achieve. One of the most famous sustainable farm operations, Joel Salatin’s Polyface farm in Virginia, is 500 acres. One thousand acres is Bradford’s idea of a good start size.
Part of Farmland’s model hinges on finding farmers willing to lease with Farmland LP rather than own their own land. Those farmer-partners the company is now working with insist the deal is a good one. Karen Wells and her husband, Neal, spent four years searching for an Oregon property from which to launch their pastured poultry operation. As Neal was an accountant by trade, the pair was able to realistically run the numbers when assessing prospective land purchases. “We had the ability to do the financial analysis,” Karen says, “but the math never worked.” Karen says her family’s process made the ideal of land ownership less attractive.
“We know too many family farms going under … the next generation is not necessarily interested in farming, there’s a profit problem, etc.,” she says. “Now there are farmers out there saying to us, ‘But you are not going to own the land,’ and I say, ‘Exactly. It’s an albatross.’”
After realizing that farmers like the Wells also need seed money, Bradford and Wichner went back to their investor group and formed a separate LLC called Vitality Farms to invest in both livestock and product innovation on Farmland acreage.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Wednesday, August 13, 2014
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Wednesday, August 06, 2014
BY LINDA BAKER | OB EDITOR
Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Bank of America agrees to $17B settlement|
|Family Dollar rejects bid from Dollar General|
|U.S. dollar hits nine-month high against euro|
|Demand for tablets declines|
|U.S. housing market improving|
|Hospital network hacked, 4.5M records stolen|
|Dollar General enters bid for Family Dollar|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.