Peace River Row Crop Farm

Basinger fine sand, 0 to 2 percent slopes (map unit 3)

Drainage

Poorly drained

Flood frequency

None

Slope

1%

Capability class

4

Farmland classification

Not prime farmland

Source: USDA NRCS Soil Survey Geographic Database (SSURGO). Farmland classification reflects the federal Farmland Protection Policy Act designation for this soil map unit.

Grassland/Pasture (2021 classification)

Source: USDA NASS Cropland Data Layer — satellite-observed, not self-reported. Compare against the listed land use above.

DeSoto County-wide figures, not specific to this parcel — pooled across every agricultural land use in the county.

Avg. ag land value

$6,531 / acre

Cattle inventory

65,480 head

Irrigated acreage

58,322 ac

Orchard acreage

50,970 ac

Direct farm sales

0.5% of sales

Agritourism operations

4

Source: USDA NASS 2022 Census of Agriculture — published every 5 years. Orchard/berry acreage, direct farm sales, and agritourism figures are from USDA ERS's 2017 local food economy data set — a different vintage than the figures above, and the most recent ERS has released.

DeSoto County-wide figures, not specific to this parcel — real federal crop insurance claims paid across every insured crop in the county that year.

Top cause of loss

Other (Snow, Lightning, Etc.) ($7,573,940 paid)

Total indemnity paid

$24,330,859

Source: USDA Risk Management Agency 2024 Cause of Loss Summary of Business. "Top cause of loss" excludes area/index insurance products (ARPI, STAX, etc.) whose losses aren't attributed to one physical peril — the total indemnity figure still includes them.

DeSoto County-wide figures, not specific to this parcel — population and local economic conditions, relevant background for a land investment thesis.

Population

35,979

Net migration

+680

Rural-urban classification

6 · Nonmetro, urban 2.5k–20k, metro-adjacent

Unemployment rate

3.6%

Median household income

$47,097

Poverty rate

25.3%

Per capita income

$19,673

Source: USDA ERS (Economic Research Service). Population, net migration, and rural-urban classification are 2023; unemployment rate is 2023; median household income is 2022 (ERS's own source data publishes income figures a year behind unemployment). County typology classifications (farming-dependent, natural amenities, retirement destination, population loss, low education, low employment) are ERS's 2015 edition, the most recent ERS has released. Poverty rate and per capita income are 5-year ACS estimates ending 2021 — a different survey and vintage than median household income above, not a duplicate figure.