FOR SALE HILL FAMILY FARM WATKINS CORNER, AR. Phillips County, Arkansas: 2,300+/- Acre Irrigated Grain Farm NEW PRICE/YIELD UPDATES:

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SOLD FARMLAND ADVISORS FOR SALE HILL FAMILY FARM WATKINS CORNER, AR 2,300+/- Acres - Phillips County, Arkansas $10,950,000 Phillips County, Arkansas: 2,300+/- Acre Irrigated Grain Farm NEW PRICE/YIELD UPDATES: Price reduced to: $10,950,000 ($4,760 per acre) Our past 45 days of showings have provided positive feedback regarding the farm particularly its crop diversity and yields. That same feedback has also indicated this reduced price range as the farm s likely selling point. June wheat harvest averaged 85 bushels/acre despite significant hail damage. Based on agronomist s mid-august inspection, September s corn harvest is projected to surpass 200 bushels/acre, and soybean yields are projected at 70 bushels/acre (updated pictures attached). PROPERTY FEATURES: Total Acres: 2,300 +/- Crop Acres: 2,100 +/- Precision Leveled Acres: 685 +/- 29 irrigation wells (80 to 120 depth) with excellent water table levels Crop diversity (history of corn, soybeans, rice, wheat, and cotton) Crop Yields: Corn (200-220), Soybeans (60-80), Wheat (80-100)

REGIONAL MAP HILL FARM

REGIONAL AERIAL HILL FARM

LOCAL AERIAL 1 434+/- 258+/- 316 1620+/- 318 APPROX 4 MILES

PROPERTY AERIAL 434+/- Acres 1 316 WELL

SOILS MAP 434+/- Acres State: County: Location: Township: Arkansas Phillips 35-2S-1E Cleveland Acres: 416.96 Date: 6/10/2014 Soils data provided by USDA and NRCS. Area Symbol: AR107, Soil Area Version: 12 Code Soil Description Acres Percent of field CbA Calloway silt loam, 0 to 1 GrB Grenada silt loam, 1 to 3 He Henry silt loam Fo Foley silt loam Je Jeanerette silt loam Za Zachary soils, frequently flooded LoC2 Loring silt loam, 3 to 8, eroded Ca Calhoun silt loam CbB Calloway silt loam, 1 to 3 Non-Irr Class Legend Non- Irr Class Bahiagrass Common bermudagrass Corn Cotton lint Grass clover Grass legume hay Improved bermudagrass 146.79 35.2% IIw 6 95 750 9 111.47 26.7% IIe 85 700 4 9.5 Pasture Rice Irrigated 63.43 15.2% IIIw 5.5 70 625 6 120 42.87 10.3% IIIw 6 650 120 32.73 7.8% IIw 6.1 700 110 6.05 1.5% IVw 9 6.5 4.55 1.1% IIIe 85 700 7.5 4.50 1.1% IIIw 6.5 5 400 120 4.37 1.0% IIe 6.5 90 700 9 Ric e Soybean

PROPERTY AERIAL 258+/- Acres 316 WELL RISER

SOILS MAP 258+/- Acres State: County: Location: Township: Arkansas Phillips 33-2S-2E Big Creek Acres: 253.95 Date: 5/5/2014 Soils data provided by USDA and NRCS. Area Symbol: AR107, Soil Area Version: 12 Code Soil Description Acres Percent of field GrB Grenada silt loam, 1 to 3 Ca Calhoun silt loam LoB Loring silt loam, 1 to 3 CbA Calloway silt loam, 0 to 1 LoC2 Loring silt loam, 3 to 8, eroded CbB Calloway silt loam, 1 to 3 He Henry silt loam Za Zachary soils, frequently flooded Fa Falaya silt loam Non-Irr Class Legend Non- Irr Class Bahiagrass Common bermudagrass Corn Cotton lint Grass clover Grass legume hay Improved bermudagrass 53.59 21.1% IIe 85 700 4 9.5 Pasture Ric e Rice Irrigated 46.69 18.4% IIIw 6.5 5 400 120 41.89 16.5% IIe 95 750 8 29.23 11.5% IIw 6 95 750 9 28.27 11.1% IIIe 85 700 7.5 20.56 8.1% IIe 6.5 90 700 9 15.41 6.1% IIIw 5.5 70 625 6 120 13.83 5.4% IVw 9 6.5 4.48 1.8% IIw 7.5 7 100 750 Soybean

PROPERTY AERIAL 1620+/- Acres 318 WELL RISER

SOILS MAP 1620+/- Acres State: County: Location: Township: Arkansas Phillips 12-3S-1E Cleveland Acres: 1576.34 Date: 5/5/2014 Soils data provided by USDA and NRCS. Area Symbol: AR107, Soil Area Version: 12 Code Soil Description Acres Percent of field LoB Loring silt loam, 1 to 3 Sk Sharkey soils, 0 to 1, frequently flooded Fa Falaya silt loam MeB Memphis silt loam, 1 to 3 CbA Calloway silt loam, 0 to 1 MeC2 Memphis silt loam, 3 to 8, eroded GrB Grenada silt loam, 1 to 3 Ca Calhoun silt loam Non-Irr Class Legend Non- Irr Class Bahiagrass Common bermudagrass Corn Cotton lint Grass legume hay Improved bermudagrass Pasture Rice Irrigated Soybeans 322.34 20.4% IIe 95 750 8 40 270.64 17.2% IVw 212.93 13.5% IIw 7.5 7 100 750 40 188.07 11.9% IIe 7.5 95 800 10 40 148.46 9.4% IIw 6 95 750 9 40 98.41 6.2% IIIe 7 85 750 9 35 89.07 5.7% IIe 85 700 4 9.5 38 Sweet potatoes 73.39 4.7% IIIw 6.5 5 400 120 25 22

PHOTOS Hill Farm JUNE 2014 JULY 2014

PHOTOS Hill Farm JUNE 2014 JULY 2014

PHOTOS Hill Farm MAY 2014 JUNE 2014 EARLY JULY 2014 JUNE LATE JULY 2014 2014

PHOTOS Hill Farm EARLY JULY 2014 LATE JULY 2014 MAY 2014 JUNE 2014

PHOTOS Hill Farm MAY 2014 JUNE 2014 EARLY JULY 2014 LATE JULY 2014

CURRENT FARMLAND ADVISORS LISTINGS SOLD HILL FARM - IRRIGATED GRAIN FARM (2,300 +/- ACRES) **SOLD** Phillips County, Arkansas MILL LAKES FARM - BAYOU DEVIEW (1,100 +/- ACRES) Monroe County, Arkansas Mill Lakes Farm offers proven duck & deer hunting along the majestic Bayou DeView. RIVEREDGE (600 ACRES) Craighead County, Arkansas Riveredge offers a history of proven duck hunting. MARSH WOODS (466 ACRES) Craighead County, Arkansas Marsh Woods offers proven duck & deer hunting. SOLD BRINKLEY, AR - IRRIGATED GRAIN FARM (1,000+/- ACRES) **SOLD** Monroe County, Arkansas SOLD TRACT 1 - IRRIGATED ARKANSAS RICE FARM (410 ACRES) **SOLD** Poinsett County, Arkansas SOLD LUNATI CREEK (2,000 ACRES) **SOLD** Marshall County, Mississippi SOLD MALLARD FARMS - IRRIGATED ARKANSAS RICE FARM (952 ACRES) **SOLD** Jackson County, Arkansas SOLD GRIFFIN FARM - IRRIGATED ARKANSAS RICE FARM (525 ACRES) **SOLD** Poinsett County, Arkansas SOLD THE BELL FARM (445 ACRES) **SOLD** Hardeman County, Tennessee