A PPM for farmland and row-crop investment partnerships

The farmland framework renders the standard PPM skeleton with farmland-specific sections: a description of the acreage, soil class, and crop mix; an operator or lease structure (cash lease, crop-share, custom-farmed); water rights and irrigation infrastructure; yield and price assumptions; a sources-and-uses block covering acquisition and capital improvements; a pro forma that reads off yield, price, and lease structure; and a risk library loaded with commodity-price, weather, water-regulation, crop-insurance, and operator-reliance risks.

The wizard also surfaces the tax commentary farmland LPs typically expect — depreciation on irrigation and improvements, Section 1031 considerations, and the distinction between active and passive participation.

Use it for a single-property or multi-property farmland acquisition under a Rule 506 exemption, for a regional row-crop partnership, or for a permanent-crop (almonds, pistachios, citrus) deal. Also fits farmland funds with a defined geographic or crop thesis.

If the offering is primarily an operating agribusiness — a processing facility, a vertically-integrated producer — the business-acquisition framework is usually a better starting shape, though the risk library from farmland can be ported in.

A common shape is a Delaware or state-of-situs LLC offering Class A membership units under Rule 506(c), with a 5–7% preferred return, a modest promote, and a 7–10-year hold. Raise sizes typically run $3M–$30M. The wizard supports both single-asset deals and multi-property funds and keeps the crop and lease disclosure consistent across the document.