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Integrated dryland forage and stocker operation on the Texas South Plains — 400 head, 10,000 acres, combining hay production income with stocker gains.
The Llano Estacado fund combines two income streams on a 10,000-acre dryland operation south of Lubbock, Texas: native grass hay production sold to neighboring feedlots, and a 400-head stocker program that grazes standing forage between cutting windows.
The dual-income structure reduces single-commodity risk. Hay offtake is contracted at fixed price with a regional feedlot for three years, providing a predictable base revenue floor.
Investors participate in both the hay margin and the stocker gain, receiving a blended return paid at the 20-month term.
Hay yields depend on rainfall. Stocker gains may be affected by drought, market conditions, and disease. Offtake contracts are subject to counterparty performance.
Before investing, review the comprehensive Platform Risk Disclosure and offering documents.