We are excited to announce today the launch of AcreVisionSM, an innovative farmland evaluation system designed to assist U.S. farmers in making informed decisions about potential land purchases by providing vital insights into specific farmland parcels. The evaluation tool is available at no cost to FBN members. (FBN membership is also free).
"Land is the most vital asset to farming operations," said FBN Finance General Manager Dan English. "While the residential real estate industry has developed a range of tools to help value homes and land, that level of intelligence has been largely absent from the agricultural world. AcreVision empowers producers by providing them with the critical data they need to make informed decisions about their land and potential land acquisitions."
Using AcreVision, farmers can immediately access a wealth of accurate, comprehensive information across over 630 million acres and 15 million parcels, generally including:
Tillable acres
Productivity index
Cropping history
Soil type maps
Elevation
Slope
Terrain wetness
Comparable sales
AcreVision leverages dozens of public data sets in proprietary analytical models, enabling growers to envision the full potential of land parcels. Importantly, individual grower data is never used in farmland evaluations.
"FBN can now serve farmers’ farmland needs end-to-end with unmatched digital capabilities," said English. "Starting with AcreVision to help farmers find and assess parcels, through instant approval* and bridge loan financing options for land purchases, and then farming the land with the full platform of FBN analytics, inputs, and financial services."
FBN research found an overwhelming 93% of farmers engage in land research before acquiring farmland and determining a field’s compatibility with their operation. AcreVision offers a streamlined solution, consolidating essential information about farmland parcels and local market trends into a single, user-friendly report.
Click here to begin using AcreVision.
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The information provided by AcreVision℠ is provided for the user’s individual informational use only, and may not be disclosed, reproduced, summarized, distributed, excerpted, or used for any reason other than for property research purposes. Any unauthorized use of this product or its information is prohibited. Information is reliable but not guaranteed, may be incomplete, and should be independently verified. Farmer's Business Network, Inc. and its subsidiaries are not responsible for the accuracy of this information.
Financing offered by FBN Finance, LLC and its lending partners. Terms and conditions apply. To qualify, a borrower must be a member of Farmer’s Business Network, Inc. and meet all underwriting requirements. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify. NMLS ID: 1631119.
*Approval offered as a part of the instant approval product is conditional. Approval, loan closing, and funding are subject to the product’s terms and conditions, and underwriting. Length of time necessary to complete the financing process, if qualified, will vary and depend on one's individual circumstances.