DIAMOND RING FARMS
SIZE: 34,735 ACRES
PRICE: $31,050,000.(TURNKEY): INCLUDES LAND, EQUIPMENT & 28,272 ACRES SEEDED WHEAT.
AREA & PROPERTY DESCRIPTION:
SOILS: THERE IS INCLUDED IN THE PICTURE PORTION OF THIS PRESENTATION DETAILED INFORMATION ON THE SOILS OF THIS AREA AND THIS FARM. FOR PERSONS WANTING MORE INFORMATION, ON REQUEST, A COMPLETE COUNTY SOILS MAP WILL BE SUPPLIED. MOISTURE IS THE FACTOR THAT DETERMINES PRODUCTION IN THIS AREA, NOT THE SOIL TYPE. GIVEN TIMELY RAINS AND GOOD FARMING TECHNIQUE BUMPER CROPS HAVE BEEN PRODUCED ON THIS PROPERTY IN THE PAST AND WILL BE PRODUCED IN THE FUTURE, THE SOIL IS RICH.
ANNUAL PRECIPITATION: THIS PROPERTY IS LOCATED IN A 16 TO 18 INCH ANNUAL PRECIPITATION BELT. VARIATIONS FROM YEAR TO YEAR CAN BE EXTREME. NORMALLY, MOST OF THE ANNUAL PRECIPITATION COMES IN FOUR MONTHS, APRIL, MAY, JUNE AND JULY. HOWEVER, HERE AGAIN, VARIATIONS ARE NOT UNCOMMON.
BASES: WHEAT: 26,915.3; SOYBEANS: 701:9
IMPROVEMENTS: THE DIAMOND RING FARM IS IMPROVED FOR UTILITY AND FUNCTIONALITY; THERE ARE NO FRILLS.
PROMINENT IN THE AERIAL VIEW OF THE HEADQUARTERS, WHICH APPEARS EARLY IN THIS PRESENTATION, IS THE UPRIGHT GRAIN BINS, NUMBER OF EACH AND BUSHEL CAPACITY AS FOLLOWS: 8-100,000; 20-24,000; 8-6,000 AND 2-1,600. IN ADDITION TO THESE UPRIGHTS THERE IS MORE AT OTHER SATELLITE LOCATIONS, AS FOLLOWS: 8-7,000 & 3-21,000. IN ADDITION THERE IS FLAT STORAGE OF SIGNIFICANCE BOTH AT THE HEADQUARTERS AND ANOTHER IMPROVEMENT SITE, INCLUDING THREE QUONSET BUILDING OF THE FOLLOWING SIZE 52 X 240; 52 X 104 AND 72 X 104. THE ELEVATOR, LOCATED IN TOWN AND ALSO PICTURED, PROVIDES AN ADDITION 300,000+ BUSHEL CAPACITY.
THE SHOP, ALSO PROMINENT IN THE AERIAL HEADQUARTER PICTURE, IS 100 X 600 WITH 400 OF 6 CONCRETE FLOOR, AN ATTACHED 28 X 80 WASH BAY. A 38 X 52 INSULATED AND HEATED SHOP IS CONTAINED INSIDE THE MAIN BUILDING.
THE MAIN DWELLING, TWO NEW MODULAR HOMES, OTHER FRAME STRUCTURE, TRUCK SCALES AND THE SCALE HOUSE ARE ALSO LOCATED AT THE HEADQUARTERS.
THE YARD IS ROCKED WITH LIMESTONE ROCK HAULED FROM THE BLACK HILLS, ELEMINATING MUD PROBLEMS. EVERGREEN AND SOME DECIDUOUS TREES SHELTER THE MAIN DWELLING AND MAKE HABITAT FOR A MODEST PHEASANT POPULATION. WATERFOWL FIND THE RESERVOIRS TO THEIR LIKING.
EQUIPMENT: THE PICTURES SPEAK FOR THE EQUIPMENT. THE MANUFACTURERS ARE AMONG THE FOREMOST IN AMERICA, CATERPILLAR, JOHN DEERE, PETER BUILT AND OTHERS. A COUNT AND ITEM LIST WILL BE MADE AVAILABLE TO QUALIFIED, INTERESTED PARTIES POST INSPECTION.
MAINTENANCE: A RIDGED, TIMELY MAINTENANCE PROGRAM HAS BEEN PRACTICED ON EACH PIECE OF EQUIPMENT AND THE CONDITION OF EACH ITEM, CONSIDERING AGE AND USE, WILL BE EXCEPTIONAL. AS THE PICTURES DEMONSTRATE, WHEN NOT IN USE, ALL ITEMS ARE HOUSED INSIDE.
SEEDED WHEAT AND TILLED ACRES: THE 28,272 ACRES OF SEEDED WINTER WHEAT INCLUDED IN THE SALE IS ALL ON ACRES WHICH WERE FALLOWED DURING THE 2004 GROWING SEASON, IS UP TO EXCELLENT STAND, WITH GOOD GROUND COVER. GENEROUS RAIN PRECEEDED PLANTING, THE MOISTURE RESERVE IS MUCH ABOVE AVERAGE, ENHANCING THE PROSPECT FOR BUMPER 2005 YIELD. ALSO, RECENT TESTS INDICATE NUTRIENT LEVEL OF THE SOIL IS ADEQUATE FOR MAXIMUM YIELD. IN ADDITION 6,000 ACRES OF GROUND WHICH WAS CROPPED IN 2004 WAS FALL TILLED AND COULD BE SEEDED TO A SPRING CROP, MAKING NEARLY ALL THE FARM ELIGIBLE TO PRODUCE IN 2005. FOR A NEW OWNER FIRST YEAR PRODUCTION PROSPECTS COULD HARDLY BE BETTER.
SCHOOLS, ROADS AND COMMUNITY: MIDLAND, APPROXIMATELY 14 MILES DISTANT, OFFERS BOTH GRADE AND HIGH SCHOOL, BUT NOT MUCH IN THE WAY OF SERVICES. THE HAAKON COUNTY SEAT IS LOCATED AT PHILIP, 39 MILES DISTANT, AND OFFERS THE RURAL POPULATION THE NECESSARY SUPPORT BUSINESSES, SUCH AS IMPLEMENT DEALERSHIPS, GRAIN ELEVATORS, GROCERY STORE, LIVESTOCK MARKET, HOSPITAL AND MEDICAL SERVICES, ETC.
RAPID CITY, A TWO HOUR DRIVE IS WESTERN SOUTH DAKOTA'S MAIN CITY AND OFFERS THE VISITOR ALL THE BUSINESS AND OTHER TYPE SERVICES FOUND IN ANY SMALL U.S. CITY, INCLUDING FIRST-CLASS MEDICAL SERVICES. PIERRE, THE STATE CAPITAL, A FORTY MILE DRIVE, IS A GOOD RURAL SUPPORT TOWN.
ROADS: THE PROPERTY IS SERVED BY A WELL-MAINTAINED COUNTY GRAVEL ROAD SYSTEM ARTERIAL FROM S0UTH DAKOTA STATE HIGHWAY #14/63.
CROPS: THE PRIMARY CROP IN THE AREA AND ON THIS FARM IS HARD RED WINTER WHEAT, HOWEVER OTHER CROPS ARE GROWN SUCCESSFULLY AND INCLUDE PRIMARILY SPRING WHEAT, OATS, BARLEY, ALFALFA AND SUNFLOWERS. SECONDARY CROPS, WHICH ARE GAINING MORE AREA ACCEPTABILITY, INCLUDE BOTH CORN AND SOYBEANS.
WATER: THIS PROPERTY SPOURCES DOMESTIC WATER FROM A RESERVOIR AT THE HEADQUARTERS. WELL WATER IS NOT EASILY LOCATED IN THE AREA.
RECREATION: THIS PROPERTY IS AN HOURS DRIVE FROM THE MISSOURI RIVER RESERVOIR, LAKE OAHE. HERE ONE WILL FIND SOME OF THE FINEST INLAND FISHING IN THE U.S.A., ALONG WITH GRAND BOATING AND OTHER WATER SPORTS. THE BLACK HILLS, TWO HOURS TO THE WEST, OFFERS BOTH WINTER AND SUMMER SPORTS AND SOME TRULY UNIQUE MOUNTAIN SCENERY. IT HAS BEEN SAID BY IMPARTIAL OBSERVERS THAT PER SQUARE MILE THERE IS NO AREA THAT OFFERS AS MUCH AS THE BLACK HILLS TO THOSE THAT APPRECIATE NATURES FANCY WORK.
HUNTING: BOTH MULE AND WHITE TAIL DEER ARE COMMON TO THE AREA. AS POINTED OUT ELSEWHERE IN THIS PRESENTATION THERE IS A MODEST PHEASANT POPULATION ON THE FARM AND SHARP TAILED GROUSE ARE, AT TIMES, QUITE PLENTIFUL.
FOR THE BUYER WHO WOULD LIKE TO DEVELOP WILDLIFE HABITAT FOR THE VARIETY OF WILDLIFE PRESENTLY IN THE AREA, MUCH MORE COULD BE DONE AT MINIMAL EXPENSE AND WITHOUT SACRIFICING PRODUCTION CAPABILITY.
TAXES: $82,139.27 (2004)
POSSESSION DATE: WILL BE AT A TIME MUTUALLY ACCEPTABLE TO THE SELLERS AND BUYER.