Old MacDonald had a farm…and it’s gonna need a bigger trophy case.
Bengals quarterback Joe Burrow, Celtics power forward Blake Griffin, Blue Jays pitcher Kevin Gausman, Islanders winger Anders Lee, and several other professional athletes have teamed up to purchase a farm in Iowa. The farm in question is 104 acres and produces corn and soy. According to Front Office Sports, the purchase was made through a $5 million fund they all contributed to and was set up by Patricof Co., which sources investment opportunities for athletes.
So will Joe Burrow be out there riding a tractor during the offseason? Not exactly. The group plans to lease the land to farmers and take a single-digit-percentage annual return on the total investment. And they are actively planning to buy four more farms.
REPOSTED FROM ENTRETRENEUR.COM – READ FULL ARTICLE HERE
Cattle numbers in the PNW are moving differently than the national trend. 📈 USDA’s April Cattle on Feed report showed national feedlot inventory down year-over-year. But in the Northwest: • Idaho: 355,000 head, up from March and last year • Washington: 270,000 head, up from last year Why it matters: • Prices remain elevated •… PNW Cattle Trends
Meet the founders behind Root Ag Advisory: Skye and Becca Root They built Root Ag Advisory with a clear purpose: to help farmers, landowners, and investors make confident decisions about land, water, and agriculture. 🤝 Skye brings experience in farmland investment, water rights, ag finance, and farm real estate, backed by hands-on work in a… Meet the Founders: Skye & Becca Root
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