Available internationally for the first time in nearly 4 decades, this award-winning farm in Fergus County, Montana is now available exclusively through LMNH and Engel & Völkers International Visa Permanent Residency Program in the United States. With nearly 7,200 acres of wheat acreage, 3 high-volume artesian wells, several recently renovated improvements (including 2 homes and an office), and an impressive portfolio of water-conservation awards, the X-Hanging Diamond Farm was appraised in 2015 for $16.8 million USD (appraisal available upon request) without chattel property or other equipment required for ongoing operations. Through our offering, investors are able to jointly own one of the finest wheat farming operations in Montana with minimal liability, while earning permanent residency status in the United States with a comprehensive business strategy tailored by LMNH and Engel & Völkers. The plan details specific routes for 3 (three) possible improvements to an already profitable business: (1) installation of further irrigation infrastructure, (2) seeding into a cattle ranch with capacities of at least 1,000 heads of cattle, or (3) conversion into a hog farm.
With agricultural land values appreciating in Montana, now is the perfect time to own a stable, productive farming operation one of Montana's most desirable agriculture counties.
For our detailed color brochure (available in both English and Chinese), send inquires to Peter@LocateMyNextHome.com or call +18583808010.
The farm has 7,200 deeded cultivated acres according to the Farm Service Agency, and is located in one of the highest non-irrigated winter wheat yield areas of Montana: Fergus County. Due to the Bold Family's extensive experience, the farm employs flexible growing operations producing cool-season Hard Red Winter Wheat, Hard Red Spring Wheat, malt and feed, pulse crops of Yellow and Green Peas, and high-end forages such as alfalfa, hay barley, winter triticale and sorghum-sudan grass. Furthermore, the farm is well-diversified with livestock and feedlot production, with a conservative cattle-capacity of over 1,000 heads if converted to grazing without further irrigation development. No other farm in the area enables such flexibility, and all crops on the Bold Farm are fully-insured.
Furthermore, the Bold Farm's employment of the latest farming technologies and seed varieties produces wheat and barley yields of over 50 bushels per acre, with some yields over 80 bushels per acre on certain years. Total annual crop gross profits average over $2,000,000 USD (records available upon request). Feedlot crops typically gross over $1,200 per acre when the farm was still involved in cattle operations, with total income of around $800,000/year. Typical animals gross $1,680/head while bulls range between $5,550 to $25,000 per head. The Bold Farm feedlot did not fatten cattle as traditional feedlots do in the rest of the United States—rather, the farm fed only high value cattle when it was still involved in this operation. About 400-500 acres of cropland was devoted to feed-forage production, adding gross income per acre of $800-$1000 USD.
The Bold Farm used to be flood irrigated years ago before electricity was provided to the area, and currently still possesses 1st water rights: first in time, first in line. The water right is sellable and transfers to new owners. There are three artesian wells (wells that do not require pumps) producing approximately 50-80 gallons per minute each, and the farm possesses two seasonal creeks that not only contributes to its crop production, but also enables substantial wildlife diversity for hunting. Furthermore, water storage and electrical infrastructure are in place to enable further irrigation development. Additional storage facilities are recommended to accommodate the increased crop production if further irrigation development is endeavored.
Conversion to Grazing and Feedlot
Given the Bold Farm’s productive history, seeding the land into grass would create “improved pasture” with a carrying capacity of 7-9 acres per annual animal unit (AAU), which is a significant improvement over a typical Montanan capacity of 17-20 acres per AAU. This equates to a theoretical capacity of a 1,000 head ranch, with a feedlot in addition to operate. An even higher capacity is attainable with further irrigation development.
The farm’s area in Fergus County is known for its absence of large dangerous predators such as wolves and bears, while possessing an ample array of wildlife such as deer, antelope, elk and various game birds. As said before, there are two seasonal creeks, along with forests, grasslands and hilly terrain that supports outstanding hunting on the premises.
Agriculture Land Appreciation
According to the United States Department of Agriculture (USDA) 2017 Land Values Summary, Montana experienced a year-over-year increase of 2.2% in farm real estate values versus 2016 ($920 v $899). Irrigated cropland values in Montana held steady at $2,980 USD per acre over the past 2 years (2016, 2017), as water remains a valuable commodity in “The Treasure State.” Montana is classified under the “Mountain” economic region, together with Arizona, Colorado, Idaho, Nevada, New Mexico, Utah, and Wyoming.
The Chinese e-commerce giant JD.com recently consummated a $300 million USD deal with the Montana Stockgrowers Association, including $100 million USD for a new packing plant for cattle. This comes just after a recent Chinese lift of a 14 year ban on US beef after a brief Mad Cow Disease scare in Washington state. JD.com will purchase 80,000 to 90,000 cattle starting in January 2018 and finishing in 2020, due to a perception of Montana’s “fresh water and its clean air,” per Miles City rancher Fred Wacker, who was in Beijing for the signing ceremony. This perception of Montana as being distinctive from other cattle states is a stark contrast from traditional processing practices of herding cattle from several states into single facilities whereby the cattle’s origins are lost. This provides a valuable opportunity for prospective ranchers to own and operate a cattle ranch in not only one of Montana’s best, naturally-irrigated regions, but also to serve a lucrative Chinese demand for high-end beef from Montana. Indeed, US meat exports have increased over a year ago in both volume and value, according to recent statistics from the USDA.
In addition, Japanese investors have been purchasing wheat facilities in the state to secure the supply and quality of US wheat (Great Falls has four Japanese-owned companies: Pasta Montana, Columbia Grain, Montana Specialty Mills and Helena Chemical). Japan is the state’s largest grain buyer in the Asian Pacific, buying about 80% of the state’s hard red spring and hard red winter wheat varieties which are high in protein, and are unlikely to see competition from growers elsewhere. Although currently there is uncertainty over the lack of the US’s inclusion in the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), the recent 2017 Montanan drought and wildfires are expected to push grain prices higher going into 2018. Furthermore, the lengthy snow conditions in Montana have delayed spring planting into the middle of May, and drought in Central and Southern Plains regions are pushing Hard Red Winter (HRW) wheat prices higher.
Despite uncertainty over the US’s inclusion in the CPTPP, short term conditions suggest that wheat prices from Montanan farms should hold steady until further information is indicated from the White House. However, the lift of the Chinese ban on US beef, along with increased interest in Montanan cattle (the US only exports 1% of its beef production to China so far, with significant room for growth), suggest that a conversion of the Bold Farm into a cattle ranch should provide an outstanding EB5-qualified opportunity to establish a new business in producing high-end beef, while earning the investor permanent residency status.
At LocateMyNextHome.com, we are an all-inclusive resource that will assist you throughout the investment and immigration process, including the purchase of any residential properties you should require for yourself and/or your immediate family. Inquire today at 833-MYNEXT1, or call Dr. Chao directly at +1 858 380 8010 (Mandarin Chinese) for more information. Our immigration and real estate attorneys are standing by to offer assistance 24 hours a day, 7 days a week.