US Agriculture

What US Agriculture does

US Agriculture, LLC is a privately held, SEC-registered investment adviser founded in 2015 and headquartered in Carmel, Indiana, that acquires and manages US farmland portfolios on behalf of institutional investors and family offices. The firm was launched by the Hageman Group and significantly scaled through its 2016 merger with Halderman Real Asset Management, combining two multi-generational agricultural families (with farming and farm-management operations dating to 1915 and 1930 respectively). As of 2025, US Agriculture manages more than 55,000 acres of row and permanent crop farmland across 14 US states and has evaluated over $1 billion in potential farmland acquisitions; the firm generates revenue primarily through management fees (and potentially performance fees) under a fee structure it describes as "simple and efficient."

The firm's core offering is bespoke farmland portfolio construction, sourcing, due diligence, and ongoing asset management under a fiduciary framework. Service delivery is anchored in an in-house team of roughly 12-15 investment professionals, farm managers, and operations staff, supported by a content-driven marketing and thought-leadership engine (white papers, webinars, NCREIF participation) targeting institutional allocators. Sustainability is a structural product dimension: since 2021, all managed acres have been enrolled in the Leading Harvest Farmland Management Standard, achieving four consecutive years of third-party-audited certification with zero non-conformances, and the firm operates a global sustainable farmland strategy in partnership with Netherlands-based Kempen Capital Management aligned with UN Sustainable Development Goals. Technology footprint is limited to standard portfolio/farm management tooling; the firm does not disclose proprietary software platforms or AI/ML capabilities, positioning itself as a high-touch, relationship-driven boutique rather than a technology-led asset manager.

Name

US Agriculture

Legal name

US Agriculture, LLC

Website

https://us-agriculture.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

US Agriculture is a privately held, SEC-registered investment adviser that acquires and manages US farmland portfolios for institutional investors and family offices, overseeing 55,000+ acres across 14 states under a Leading Harvest-certified sustainability program.

Ownership category

akta.pro rank

Product category

Farmland Investment Management

NAICS

Farm Management Services (115116), Oilseed and Grain Farming (1111)

SIC

Investment Advice (6282), Agricultural Services (700)

akta.pro primary industry

Natural Resources — Farmland & Agriculture (FSAAAKAI)

akta.pro secondary industries

Asset, Fleet & Maintenance Management Advisory (Equipment/Facilities) (AFACAJAJ), Carbon, Sustainability & Farm Certification Support (Agro-Environmental Advisory) (AFACABAL), Farm Technology Enablement & Data Integration Advisory (FMIS/ERP, IoT, Decision Support) (AFACAJAG)

Keywords

• Farmland investment management
• Institutional farmland investing
• Agricultural asset management
• Sustainable farmland portfolios
• Real assets advisory

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Advisory Fees: The firm generates revenue as a privately held investment adviser providing farmland portfolio management services to institutional and family office clients. Revenue appears to come from management fees and potentially performance fees aligned with client returns. The firm describes a 'simple and efficient fee structure' reflecting commitment to transparency and fairness.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

US Agriculture is a privately held investment adviser that acquires and manages quality farmland portfolios on behalf of institutional investors and family offices. The firm invests in row and permanent crop farmland across 14 US states, manages more than 55,000 acres, and supplements portfolio management with sustainability services verified through the Leading Harvest Farmland Management Standard. Revenue is generated through management fees and performance-based fees on client farmland portfolios.

Product overview

US Agriculture is a privately held investment adviser that operates as a single, unified platform for farmland investment management. The core offering consists of farmland acquisition and portfolio management services for institutional and family office investors seeking stable income and sustainable growth through row and permanent crop farmland investments across the United States. The firm manages over 55,000 acres and supplements its investment management with sustainability services through Leading Harvest certification, providing clients with both financial returns and verified sustainable farming practices.

Differentiator

Problem solved

Functional benefit

Products and services

• Farmland Investment Advisory Services
• Farmland Portfolio Management
• Sustainability Management Services

Quantifiable outcome

• 4 consecutive years of Leading Harvest certification with zero major or minor non-conformances
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• AcreTrader: AcreTrader is a farmland investment platform that digitizes access to farmland for individual and institutional investors. Overlaps USAG's farmland acquisition and management offering, but at an earlier stage, with a tech-enabled platform business model rather than bespoke institutional advisory.

Direct peers

• Homestead Capital USA: Homestead Capital is a private investment manager focused exclusively on US farmland for institutional clients, with a research-driven acquisition approach mirroring USAG's. Highly comparable in product, customer segment, and operating model, though at a smaller scale.
• UBS Farmland Investors: UBS has historically operated institutional farmland investment vehicles focused on US row-crop land. Comparable business model serving institutional investors, though operating as part of UBS's broader asset-management franchise.
• Gladstone Land Corporation: Gladstone Land is a publicly traded farmland REIT that owns and leases farmland to operators across the US. Same asset class and tenant-lease model as USAG, though REIT structure and public-market funding base differ from USAG's private advisory model.
• Farmland Partners Inc. Farmland Partners is a publicly traded REIT focused on acquiring and leasing US farmland, directly overlapping USAG's row-crop and permanent-crop focus. Different capital structure (public REIT) but the same underlying asset and revenue model.
• Proterra Investment Partners: Proterra (formerly Black River Asset Management's food and agriculture arm) manages institutional farmland portfolios alongside private-equity style agribusiness investments. Highly comparable in target market (institutional LPs) and farmland focus, though Proterra also operates in row-crop and permanent-crop production.
• Hancock Agricultural Investment Group (Manulife Investment Management): Manulife's Hancock Agricultural Investment Group manages one of the largest US institutional farmland portfolios and shares USAG's exact business model: acquiring and managing row and permanent-crop farmland for pension funds and other institutions. Comparable in target customer, product offering, and revenue model (management and incentive fees).

Broad incumbents

• Nuveen (TIAA) Farmland: Nuveen's Global Farmland strategy invests in US and international farmland for institutional clients as part of a much larger real-assets platform. Directly comparable product and customer set, but with the scale, multi-region reach, and balance sheet of a global asset manager that USAG lacks.
• Brookfield Agricultural Group: Brookfield's agricultural platform acquires and operates farmland globally for institutional investors. Closely overlapping business model and customer base, but as part of Brookfield's broad alternative-asset platform with substantially greater scale and capital access.

Regional players

• Halderman Real Estate Services: Halderman Real Estate Services is a Midwestern farm management, brokerage, and appraisal firm whose principals merged into USAG in 2016. Strong overlap in farm management expertise and Indiana/Midwest tenant relationships, though it remains an operating real-estate services firm rather than an institutional investment manager.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/us-agriculture

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about US Agriculture