Reddmann Farms

Sold

410 Acres
Poinsett County, Arkansas
Asking Price:  $1,100,000

• 410 deeded acres - 390.5 cropland acres

• Rice base - 182 acres - Direct yield - 105.5 bpa - Counter Cyclical yield - 149 bpa Soybean base - 208 acres - Direct yield - 34 bpa - Counter Cyclical yield - 41 bpa

• Direct payment - $19,938.00

• Soils
     -- Henry silt loam               80% of farm -  percentages are approximate 
     -- Calloway silt loam          10 % of farm -  percentages are approximate
     -- Grenada silt loam           10% of farm  -  percentages are approximate

• Irrigation - 3 wells with one electric motor that goes with sale

• Access - Paved highway access on southern boundary of farm

• Lease - Farm is leased through 12/31/2005

• 2 duck pits with $5,000.00 per year rent income

• Located less than one half mile from historic Claypool Reservoir noted for holding up to ¼ of all wintering ducks (up to 1 million) in Northeastern Arkansas. This spectacular, limited access property supports a healthy bottomland hardwood ecosystem sheltering fur-bearers, deer, songbirds, many raptor species including Bald Eagles, Red-shouldered Hawks, Barred Owls, the occasional Peregrine Falcon, and others.

• Price $1,100,000.00 or $2,683.00 per acre