6 miles Southeast of Shelby, Mississippi 17 miles South of Clarksdale, Mississippi 65 miles South of Memphis, Tennessee
1262 Deeded 1170 Tillable
1 New Renke Pivot System, 10 Irrigation Wells. (Power Units are provided by Tenant and are not included in the sale of the property).
The majority of the soils on the property are moderately heavy clay soils identified as sharkey clay and alligator clay with small amounts of forrestdale silty clay loam and dowling clay. These soils are highly suited to the production of rice, soybeans, wheat, milo and corn. Owner states that soybean yields have been as high as 75 bu. per acre. Typical rice yields are approximately 150 dry bu. per acre and rising.
Government Program Bases:
The FSA rice base is 248.6 acres with a direct yield of 3964 and a counter cyclical yield of 5760. The FSA cotton base is 40.8 acres with a direct yield of 514 lbs. and a counter cyclical yield of 829 lbs. The soybean base is 724 acres with a direct yield of 27 bu. per acre and a counter cyclical yield of 33 bu. per acre.
Approximately 80% of the farm is irrigated. (The balance of the non-irrigated land is primarily rich river bank soils that are typically produce good yields of soybeans, wheat and milo). The river bank areas are also eligible for various high yielding government programs.
The farm is priced at $2,225,000 and the owner desires cash and is firm on his price. (This property is priced at or below market value for comparable properties of this quality).
Area Location Map
General Location Map
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