Farmland

Tillable Digs Deep


It calls itself “the Airbnb of farmland,” but a lot of tenant farmers are using much saltier language to describe Chicago-based technology platform Tillable. Naysayers took to Twitter and Facebook to voice concern about the company’s intention to disrupt the long-established landlord-tenant model on leased farmland, which accounts for 40 percent of the acreage farmed nationwide. On a podcast released in late February, Rob Sharkey (“the Shark Farmer”) quizzed CEO Corbett Kull about how Tillable arrives at its price-per acre. Kull explained that his company, which launched in 2017, looks at everything from property taxes to yield in order to arrive at what it deems fair market value. Tillable then mails letters to prospective landowners, floating possible payments. Farmers have balked at what they feel is a system designed to upend stability. Some contend that Tillable has been going behind their backs to poach the land they farm.
Click here to read more.

READ MORE
Please sign me up to receive breaking news and updates from The Land Report:
Print & Gift
Subscriptions Available

RELATED ARTICLES

The Land Report Default Featured Image
News Desk

Lakefront Lots Gross $24.6 Million

Ten state-owned lots on Idaho’s Priest Lake sold for $24.6 million. The public auction by …

Landowners

Amazon Founder Bezos Shoots for the Stars

Amazon.com founder Jeff Bezos, whose 290,000 acres ranks No. 27 on the 2010 Land Report …

Landmarks

Horses to Ride, Cattle to Cut

The San Antonio Viejo Ranch of Texas | Original Photography by Wyman Meinzer Given rain, …