Farmland Partners has entered into an agreement to purchase Hudye Farms U.S. for $24.5M. HFUSI owns a total of 12,500 acres of row crop farmland located primarily in Eastern Colorado, with a small portion of the farmland in Western Kansas. The company expects to enter into approximately three-year leases at an anticipated unlevered annual cash return of approximately 5%. The acquisition is expected to close in June.