A top peanut and cotton farm experienced declining revenues, in an otherwise stable commodity price environment. Highfield was assigned to the project.

Third party hydrologic analysis revealed an above average underground water resource; however, the power and irrigation infrastructure were under-equipped to physically and economically optimize water usage. Highfield researched possible solutions and, with the Landowner, collaborated toward a strategic solution.

SOLUTION: Expand the list of resources. Sustainably increase utilization. 

• Account for and measure available resources.
• Collaborate, plan with Landowner and tenants on the correct combination of resource utilization.
• Identify and retain SME's, contractors and utility providers. Execute.  

Overhead utilities, available from the neighboring state's cooperative, were brought in across the state line and constructed on the farm. All future maintenance was annexed by the cooperative. Additionally, a large commercial irrigation pipeline was installed across the farm, allowing for the efficient delivery and accurate pressurized placement of a large volume of water, anywhere on the farm.

RESULT:  Reduced Volatility in Expenses, Increased Production. Irrigation pumping and maintenance costs were reduced by over 50%. Rents stabilized and increased in excess of 30%. Landowner's Annual Return on Equity for the redevelopment project was >25%.