Area One Farms partners with Canadian farming and ranching operations, small to large, to expand their land base, improve land, and grow their farms. Established in 2012, Area One has partnered with over 50 Canadian farmers and ranchers to help them secure their land base and expand. Producers always have the first right to buy the land at the end of the partnership.
Join us April 15th for a presentation from Area One Farms to learn more about the partnerships they offer and hear from actual producers whose operations have been impacted by Area One Farms partnerships. There will be time for a Q&A and discussion following the presentation.
About the producers:
Kurt Cole:
The Cole family has deep roots in the Brownfield, AB area, with a farming legacy that stretches back to 1958. For decades, Kurt Cole and his family ran a diverse operation, farming nearly 8,000 acres—over 2,000 of which they owned—while managing a herd of 500 beef cows and backgrounding an additional 500 custom steers. In 2015, the Coles partnered with Area One, marking a pivotal shift in their operation. At the time, Kurt and his wife also worked off the farm, but their daughter and son-in-law had already joined the operation two years earlier. Since the partnership, their other two daughters and sons-in-law have also returned to the farm, making it a true family affair. What began as an operating partnership has evolved into a long-term lease agreement with Area One, providing greater risk management as Kurt now rents over 10,000 acres, including 6,300 acres of workable land and 4,000 acres of pasture.
David Armstrong:
David Armstrong, a third-generation farmer in the Gladstone, MB area, has been farming since 1992. Before partnering with Area One in 2020, David managed 8,000 acres of cropland, with 1,350 acres owned. As his operation rapidly expanded, he realized that further growth would require replacing rented land with owned land. Driven by the desire to provide his children with the opportunity to continue the family legacy, David sought ways to expand. Since the partnership, he has significantly increased his owned acres and converted over 2,500 acres of brush into productive farmland. Today, David seeds 12,000 acres, with 11,000 acres owned in partnership with Area One.
Read more about Area One here:
· https://www.country-guide.ca/features/the-other-option-to-renting-farmland/
· https://www.country-guide.ca/features/attracting-the-right-kind-of-capital-in-agriculture/
· http://country-guide.ca/guide-business/investment-model-offers-opportunity-for-farm-expansion/
· https://www.producer.com/opinion/have-you-ever-considered-an-equity-partner/
