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Silty Soil Farm for Sale in Mississippi
- 337 +/- total deeded acres
- 328.1 +/- FSA cropland acres
- 260.5 +/- cotton base acres with 789 lbs per acre direct payment yield
- 0.7 +/- corn base acres with 58 bu per acre direct payment yield
- 10.3 +/- soybean base acres with 13 bu per acre direct payment yield
- Three (3) center pivot irrigation systems
- 25,000 bushels of grain storage
- Duck and deer hunting
Additional Features:
• Projected Farm Income:
Year 1
o 321.9 acres wheat x 62 Bu/ac x $5.55/Bu x 25% = $27,691.
o 328.1 acres soybeans x 40 Bu/ac x $8.75/Bu x 25% = $28,709.
o USDA Projected Payment: $33,689 x 25% = $8,422.
o Hunting Lease = $3,000.
o Total Farm Income Year 1 = $67,822.
Year 2
o 292.6 acres corn x 140 Bu/ac x $4.60/Bu x 25% = $47,109.
o 35.5 acres soybeans x 40 Bu/ac x $8.75/Bu x 25% = $3,106.
o USDA Projected Payment: $33,689 x 25% = $8,422.
o Hunting Lease = $3,000.
o Total Farm Income Year 2 = $61,637.
• Total Average Annual Farm Income = $64,730.
• Projected Annual Expenses:
o Insurance Coverage = $1,000.
o 6% Farm Management Fee = $3,884.
o Property Taxes = $2,528.
• Total Annual Expenses = $(7,412.)
• Projected Average Annual Net Farm Income = $57,318.
• Projected Annual Net Return on Investment:
o 5% net annual return on investment with crop share lease
• Projected Farm Income with Cash Rent Lease:
o 328.1cropland acres x $150/ac = $49,215.
o Hunting Lease = $3,000.
• Total Average Annual Farm Income = $52,215.
• Projected Annual Expenses:
o Insurance Coverage = $1,000.
o 6% Farm Management Fee = $3,133.
o Property Taxes = $2,528.
• Total Annual Expenses = $(6,661.)
• Projected Average Annual Net Farm Income = $45,554.
• Projected Annual Net Return on Investment:
o 4% net annual return on investment with cash rent lease
Additional Information on Farmland for Sale in Mississippi Delta:
Waterfowl areas: Morgan Brake Federal Wildlife Refuge, Big Brake Hunting Club, & Hines Woods.
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Delta Lake Bank Silty Loam Farmland
Silty Soil Farm for Sale in Mississippi 337 +/- total deeded acres • 328.1 +/- FSA cropland acres • 260.5 +/- cotton base acres with 789 lbs per acre direct payment yield • 0.7 +/- corn base acres with 58 bu per acre direct payment yield • 10.3 +/- soybean base acres with 13 bu per acre direct payment yield • Three (3) center pivot irrigation systems • 25,000 bushels of grain storage • Duck and deer hunting Additional Features: • Projected Farm Income: Year 1 o 321.9 acres wheat x 62 Bu/ac x $5.55/Bu x 25% = $27,691. o 328.1 acres soybeans x 40 Bu/ac x $8.75/Bu x 25% = $28,709. o USDA Projected Payment: $33,689 x 25% = $8,422. o Hunting Lease = $3,000. o Total Farm Income Year 1 = $67,822. Year 2 o 292.6 acres corn x 140 Bu/ac x $4.60/Bu x 25% = $47,109. o 35.5 acres soybeans x 40 Bu/ac x $8.75/Bu x 25% = $3,106. o USDA Projected Payment: $33,689 x 25% = $8,422. o Hunting Lease = $3,000. o Total Farm Income Year 2 = $61,637. • Total Average Annual Farm Income = $64,730. • Projected Annual Expenses: o Insurance Coverage = $1,000. o 6% Farm Management Fee = $3,884. o Property Taxes = $2,528. • Total Annual Expenses = $(7,412.) • Projected Average Annual Net Farm Income = $57,318. • Projected Annual Net Return on Investment: o 5% net annual return on investment with crop share lease • Projected Farm Income with Cash Rent Lease: o 328.1cropland acres x $150/ac = $49,215. o Hunting Lease = $3,000. • Total Average Annual Farm Income = $52,215. • Projected Annual Expenses: o Insurance Coverage = $1,000. o 6% Farm Management Fee = $3,133. o Property Taxes = $2,528. • Total Annual Expenses = $(6,661.) • Projected Average Annual Net Farm Income = $45,554. • Projected Annual Net Return on Investment: o 4% net annual return on investment with cash rent lease Additional Information on Farmland for Sale in Mississippi Delta: Waterfowl areas: Morgan Brake Federal Wildlife Refuge, Big Brake Hunting Club, & Hines Woods.
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