Please see here for Joelle Faulkner’s commentary in The Western Producer: https://www.producer.com/2016/09/mr-investor-meet-mr-farmer/
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Area One
Area One Farms Serve as Equity Partners in Ontario’s North
Area One Farms featured in PE Hub’s Buyout Magazine
This year, Area One Farms is launching not one, but two new funds to increase our ability to partner with Canadian Farmers who need to expand their farming operation. Featured in Pe Hub’s Buyout Magazine, Joelle Faulkner says,
Area One Farms Fund IV is targeting C$250 million (US$194.4 million) from institutions, with room to raise around C$100 million more.
A cornerstone commitment of C$100 million has been secured from a Canadian institution. The fund has a 10-year term.
Fund V is aimed at Canadian individuals and structured as a permanent-capital vehicle, with liquidity options starting in year five.
It will seek C$50 million to C$100 million to invest in Manitoba and Saskatchewan, where laws limit the ability of institutions to purchase farmland. Faulkner hopes to hold first closes in the summer and to wrap up fundraising by year’s end.
Both of these funds allow us to continue growing our vision to help family farms in Canada. Especially Fund V, which allows us to partner with farmers in Saskatchewan and Manitoba. Joelle Faulkner continues,
The idea is to help farmers expand or keep their operations in the family, Faulkner explained.
“Either you’re retiring and you have no kids interested [in farming], in which case you want to sell,” she said. “Or you’re retiring and you have three kids interested, so you have to triple the farm size, and you need so much capital.”
Because Area One’s partners earn income and appreciation on the part of the property they don’t own, “unless they could do it really, truly on their own, they’re better o with us than any other method.”
Follow this link to read the full article: Buyout Magazine May 9, 2018
Joelle Faulkner featured in Women in Ag’s Quarterly Journal
Joelle Faulkner was recently included as a Woman to Watch in the latest issue of Women in Agribusiness‘ quarterly journal. When asked what advice she’d give for someone following her path, she says:
“Every time you say yes to something, you need to say no to something else, so it is important that you decide what is critical for success. In our case, it was critical to determine how to share value between our farm partners and our investors in a way that creates value so that both parties end up better off than they were without the other. Maintaining that view and partnership structure, however, has not been easy because much of the world operates with the idea that more for me has to be less for you.”
Follow this link to read the full interview: Woman in Agribusiness Q1 2018
2018 ESG Policy
Area One Farms Research 2017: Cover Crops
A small bit of seed for a large area
What’s Up?
Our Cover Crops have been planted and their coming up! East view: 20 acres of Ultimate Forage Blend, 20 acres of Pinpoint Blend. Down to Earth, 20 acres of Ultimate Forage Blend with one tillage style and 32 acres of Ultimate Forage Blend with a different tillage style.
Area One Farms Research 2017: Tillage
Trouble with Tillage
We set out to put in cover crops, in the Eastview Plots that meant pre-spray. In the Down to Earth plots that meant tillage because these plots are in transition to organic and have been in grass. It has not been straight forward (neither have the spayed cover crops, but more on that in our next blog)!
Area One Farms Research 2017: Seeding
What’s Up?
Seeding time for grains is just over and our research plots with grains are seeded and already emerging! We seeded 6 plots to wheat and two to soybeans with our John Deere 1590 single disk drill. The plots are now ready for a summer of testing and comparison.
Area One Farms Joins United Nations Principles for Responsible Investment
Area One Farms is pleased to announce that it has qualified to become a signatory and has signed the United Nations-supported Principles for Responsible Investment Initiative (UN PRI).
Founded in 2006, UN PRI is a network of global investors committed to working together to put principles of responsible investing into practice. Signatories follow a set of six principles that protect the environment, benefit society, and promote sound governance through integrity and transparent reporting.
A Billion Dollars for Northern Ontario Agriculture
Would you invest a billion dollars in Northern Ontario agriculture?
If your answer is no, you may want to reconsider.
The combination of rising global population and financial uncertainty make farmland a safe bet. Nowhere is that more true than in Canada, which enjoys abundant arable land, ample rainwater, developed infrastructure, and a long tradition of expert farming. Northern Ontario has all of Canada’s advantages, and then some. It is also one of the largest agricultural development opportunities in the world.
