Agricultural Asset Management
Farm and land management for absentee landowners is the core expertise at Glaub Farm Management. We can help maximize profits for those inheriting cropland or looking to make a solid investment.
However, keep in mind that farmland is an illiquid asset, meaning you cannot sell or buy quickly. It’s not an overnight investment—but when managed by one who understands economics and production agriculture, it is a stable investment vehicle that has the potential to consistently yield returns in the long term.
Professional farm and land management requires a disciplined approach to making business decisions for the absentee landowner. This includes looking at opportunities, finding alternatives, knowing limitations, collecting data and interpreting information on all aspects of agriculture.
As a landowner who may not have the time, expertise, interest or physical ability to run a farm, you can remain in control of your investment while leaving the day-to-day activities to us. Based on your goals and objectives, we develop a plan to maximize your farmland investment and asset value.
Such a plan might include:
- Lease negotiations and qualified operator selection
- Annual farm budget, quarterly financial reports and a year-end report for accounting
- Farm checking account of your bank choice to pay expenses and deposit income
- Land improvement analysis, design and implementation
- Regular communication regarding a range of areas affecting the operation
- Crop marketing of the landowner’s crop share
- Risk management analysis on both crop and property
- Soil conservation and fertility improvement plans
- Coordination with farm operator in selecting crop rotations, seed, fertilizer and chemicals best suited to the farm’s characteristics
- Regular farm visits and technical assistance when necessary
Planning and budgeting, of course, take place at the beginning of the year; then we provide quarterly reports every three months. At the end of the day, our job is about managing your asset to improve your return on investment (ROI) and ensure your asset is being taken care of by the operator.