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Re: gfp927z post# 2179

Sunday, 06/11/2023 5:05:07 PM

Sunday, June 11, 2023 5:05:07 PM

Post# of 2588
GFP, been looking for food producers in searches and get stuff like ADM, BG , etc, I am looking for food producers, not processors, fertilizers, water support or such. The only sort of pure food producers I find with stocks are CALM and CVGW. I feel if food prices rise sharply they will surely benefit. LAND really fits and not al all near all time highs and does a varity of foods, not just eggs(CALM) or avocados(CVGW) and LAND is low prices compared to it's recent history. GFP, do you know of any farm producer stocks, like CALM or CVGW?

LAND Description
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 20-plus years and harvested annually. Approximately 40% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 10% of its permanent crop acreage falls into this category.[The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. Gladstone Land pays monthly distributions to its stockholders and has paid 123 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 30 times over the prior 33 quarters, and the current per-share distribution on its common stock is $0.046 per month, or $0.552 per year.

I do not find LAND on any list of food producers, making it a bit unknown to the majority of retail investors and could really boost the stock if food prices started soaring and it became known? It is know by institutions.
https://fintel.io/so/us/land

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