Category: News & Media

Iroquois Valley partners with the Organic Farming Research Foundation

Iroquois Valley is proud to partner with the Organic Farming Research Foundation (OFRF)  by supporting their research to learn more about the challenges and research priorities of organic farmers and ranchers, as well as farmers and ranchers transitioning land to certified organic production. The project includes two national surveys—one for certified organic producers, and the other for producers transitioning to organic certification.  The project includes two national surveys—one for certified organic producers, and the other for producers transitioning to organic certification. It is in collaboration with the Organic Seed Alliance (OSA) and supported by the Organic Agriculture Research and Extension Initiative (OREI) from the USDA National Institute of Food and Agriculture. This partnership will last through 2021. Our additional support for this initiative will help:

  • Provide incentives to encourage survey participation from farmers
  • Enable Iroquois Valley farmers to participate in listening sessions and provide feedback on their experiencing transitioning and farming organically
  • Provide incentives to thank farmers who participate in focus group sessions at the following conferences across the US:
  • Fund additional listening sessions at conferences Iroquois Valley helps target and identify
  • Printing and sharing the final report in 2021

OFRF is a leader in organic agriculture advocacy, research, and education – over its 30 year history, it has been instrumental in highlighting the role of organic management in “building resiliency, restoring the health of our soils and waterways, and improving human health.” Iroquois Valley shares those beliefs and is proud to sponsor such relevant work within the organic agriculture community. The outcomes of OFRF’s transitioning and organic research will be invaluable to growing our shared movement. 

Iroquois Valley awarded a 2019 Conservation Innovation Grant

Iroquois Valley was awarded a $700,000 Conservation Innovation Grant from USDA’s Natural Resources Conservation Services (NRCS). Our project will focus on supporting our farmers beyond land tenure through operating capital and improving farm viability.

The funding is provided through the Conservation Innovation Grants (CIG) program, which is funding the future of agriculture and conservation through grants to organizations and universities that are developing the next generation of tools and technologies to boost conservation on agricultural lands. The 2019 CIG recipients can be found here.

Holiday Gift Guide

Iroquois Valley is pleased to release its first annual holiday gift guide, featuring products grown by our farmers. All products below can be purchased online. View the gift guide as a PDF here.

Make sure to check our Instagram & Facebook pages for more gift ideas from our farmers available at select farmers markets.

Organic Milled Grains
Meadowlark Organics – Wisconsin
Visit their online store here
Organic Milled Grains & Gift Boxes 
Janie’s Mill – Illinois
View their gift boxes here and visit their online store here
Chocolate Freeze Dried Aronia Berries
Boone County Organics – Iowa
Visit their online store here
Organic Black Beluga Lentils
Vilicus Farms – Montana
Visit the Timeless Foods online store here
Prairie Pasture Raised Meat & Eggs
Mint Creek Farm – Illinois
Email csa@mintcreekfarm.com to reserve holiday meats
Sign up for a Meat CSA
Vermont Country Comfort Frozen Beef Box
Vermont Natural Beef
Visit their online store here

Organic farmers to harvest record acres in 2019

Organic agriculture is growing – in 2019, 8.3 million acres were planted and certified organic in the US. This equates to 18,155 organic farms and a 3% jump from 2018. Mercaris, a leading data provider for organic and non-gmo markets, recently released their Annual Acreage Report and Organic Farm Heat Map, which highlights density and distribution of US organic farm operations.

Highlights of the report include:

  • Organic grain farmers will harvest a record amount of acres in 2019, measuring in at 3.1 million acres.
  • This represents a 7% increase in organic field crop production from 2018.
  • The largest increases in organic harvested field crop acres this year were in the West and High Plains.
The Organic Farm Heat Map

Read the press announcement about the Annual Acreage Report from Mercaris here.

Foundations Can Unlock a Food System to Feed the World

Iroquois Valley was featured in the Swift Foundation‘s piece for Stanford Social Innovation Review’s Summer 2019 issue. Their article looks at a few organizations, including California FarmLink and RSF Social Finance, who are working to support regional food systems through finance. It also identifies a role for foundations to accelerate investment into food system transformation.

Read the full article here.

If We Want to Change Our Food System, We Need to Change Our Finance System

Heritage breed pigs at Yker Acres Farm in Carlton County, MN

While organic farming is growing, only 1% of all U.S. farmland is farmed organically. We’re looking to change that by providing secure, long-term land access for regenerative farmers.

Key quotes:

  • Our investment theory is that land security enables land stewardship — we believe that farmers will thrive when they’re backed by long-term capital that shares risk.
  • In our experience, there’s no shortage of farmers who want to farm organically and regeneratively. The challenge lies in accessing the resources needed for farm viability: land access, capital, and markets. Farmers need systemic support in order to change agriculture and build the regenerative food and farming system we know can exist.

Read our piece in B The Change here.

A Best for the World Company

Iroquois Valley Farmland REIT, PBC is recognized as a “Best For The World” B Corp for customers, governance and overall.

Iroquois Valley, a Certified B Corporation, has been named a Best For The World honoree in recognition of their significant positive impact in their innovative governance structures, supportive customer service, and across all categories. Ranking in the top 10% of all B Corps for their overall impact, Iroquois Valley earned this honor because of their overall mission, ethics, and promotion of public benefit.

“We’re incredibly proud of this year’s Best For The World honorees,” says Anthea Kelsick, Chief Marketing Officer of B Lab. “These inspiring companies represent the kinds of business models and impact-driven business strategies that are building a new economy—one that is inclusive, regenerative, and delivers value to all stakeholders, not just shareholders. To that end, B Corps like Iroquois Valley are redefining capitalism and showing that it actually can work for everyone.”

1,000 B Corps from 44 countries were named to the 2019 Best For The World lists, including Patagonia, Beautycounter, Dr. Bronner’s, TOMS, Seventh Generation, and Greyston Bakery. The 2019 Best For The World honorees are determined based on the verified B Impact Assessments of Certified B Corporations. The full lists are available on https://bcorporation.net/.

Purpose-driven business

As a B Corp and Public Benefit Corporation, Iroquois Valley has long been committed to creating positive triple bottom line impacts. We’re grateful to be part of a community that recognizes business should consider all stakeholders, including people and planet.

We’re glad to see that these ideas have gone mainstream with the Business Rountable’s recent announcement about the role of business in creating value for all stakeholders. The founders of the B Corp movement weighed in on this shift with their ideas around ensuring this announcement leads to action.

Key quote: “While it is appropriate to note, even celebrate, the Business Roundtable’s announcement as a sign of an accelerating culture shift, it is important to recognize that the people who are demanding this shift are demanding action. People want to buy from, work for, and invest in companies that serve a higher purpose than maximizing profit at any cost to people, communities, and the natural world on which all life depends. People are demanding a new social contract between business and society in which business and the capital markets create long-term value for all stakeholders.”

Read the entire article on Fast Company here.

Press Release: Iroquois Valley’s Direct Public Offering

Retail investors can now directly invest in organic farmland through Iroquois Valley’s Direct Public Offering (DPO). The DPO provides a long-term investment opportunity targeting market rate returns for the asset class while supporting healthy food production, environmental stewardship, and prosperity for independent farmers and their communities. 

“We want to mobilize the public to invest directly in small farmers and participate in building a healthier agricultural system,” says CEO & Co-Founder, David Miller. “The DPO is about investors of all kinds coming together to support a healthy farm economy from soils, to food, to farmers.”

By purchasing stock through this DPO, investors gain direct exposure to a diversified portfolio of organic farmland while supporting independent farmers and their businesses. With an accessible minimum investment just above $10,000, the DPO accelerates Iroquois Valley’s ability to raise capital, expand its farmland portfolio, improve corporate profitability, grow investor returns, and support farmers regenerating the soil and the food system. 

Director of Business Development & Investor Relations, Alex Mackay says, “we have been waiting many years to include investors who have shown passion for what we’re doing but couldn’t participate because of the minimums or the net worth threshold. It’s very exciting that we can offer our REIT Equity Shares to folks who want to directly support organic farmers while investing in a real asset for the long-term.”

Iroquois Valley is a real estate investment trust providing secure land access to transitioning and organic farmers. Founded in 2007, it has relied on capital from approximately 400 accredited investors who have grown the portfolio to above $50 million. Iroquois Valley provides 40+ families with farmland tenure on over 12,000 acres in 14 states. Incorporated as both a Certified B Corp and Public Benefit Corporation, Iroquois Valley is committed to supporting farmers growing healthy food and building healthy soil.

Aeris Impact Management Assessment

We recently became one of the first companies to undergo an Impact Management Assessment by Aeris. This assessment evaluates a fund’s impact management capacity by focusing on impact management systems and processes as the strongest indicator of the fund’s ability to make investments in alignment with its stated impact thesis and to achieve its impact goals. Aeris’ methodology has been established and refined through performing impact management and financial analyses and ratings of CDFIs for the past 15 years, and has been essential in making impact investing more accessible for institutional investors. It recently extended its impact assessments to investment companies and funds across asset classes.

We’re proud to share our recently released assessment, based on December 2018 results. This report provides third-party verification of Iroquois Valley’s impact practices. It joins our B Corp assessment and expands our commitment to transparency through rigorous, independent evaluation of our work.

Read our Impact Management Assessment here.

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Events

Calling all transitioning & organic farmers: Share your experience in two surveys

The Organic Farming Research Foundation (OFRF) and Organic Seed Alliance (OSA) are collaborating with the Social and Economic Sciences Research Center (SESRC) to identify the research priorities of certified organic producers, as well as producers transitioning land to certified organic production.

Read more

News

Iroquois Valley partners with the Organic Farming Research Foundation

Iroquois Valley is proud to partner with the Organic Farming Research Foundation (OFRF) by supporting their research to learn more about the challenges and research priorities of organic farmers and ranchers, as well as farmers and ranchers transitioning land to certified organic production.

Read more

What We're Reading

Flour Shortage? Amber Waves of Regional Grains to the Rescue

The impact of the coronavirus pandemic has been highly visible in the food system. Amy Halloran writes on the grain economy in her latest for Civil Eats, highlighting the role of small and regional mills in supplying flour during this crisis.

Read more

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