Flying O Missouri River Farm Offering Brochure
https://www.swanlandco.com/properties/montana/flying-o-missouri-river-farm
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FLYING O MISSOURI RIVER FARM<br />
CULBERTSON, MONTANA | ROOSEVELT COUNTY<br />
LISTED EXCLUSIVELY BY
TABLE OF CONTENTS<br />
INTRODUCTION1<br />
LOCATION & ACCESS2-3<br />
PHYSICAL & OPERATIONAL DESCRIPTION5-7<br />
IMPROVEMENTS 8-9<br />
WATER RIGHTS 10-11<br />
FISHING & HUNTING 12-13<br />
ELEVATION & CLIMATE 14<br />
UTILITIES & SERVICES15<br />
REAL ESTATE TAXES15<br />
MINERAL RIGHTS15<br />
FENCES & BOUNDARY LINES15<br />
RANCH HISTORY 16<br />
AREA HISTORY17<br />
SUMMARY STATEMENT 18<br />
OFFERING PRICE & CONDITIONS OF SALE 19<br />
CONTACT INFORMATION20<br />
MAPS21-23
INTRODUCTION<br />
<strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong>, located on the <strong>Missouri</strong> <strong>River</strong> just west of the attractive small town of Culbertson, Montana, has been in the same family<br />
ownership for 81 years. Consisting of approximately 2,577 total deeded acres, 1,784± acres are very productive mostly river-bottom dry cropland and<br />
irrigated ground with excellent yields. Adhering to the family motto of “Quality over Quantity”, this extensive and diverse farming operation currently<br />
raises malt barley, sugar beets, Durum wheat, spring or winter wheat, and some lentils and peas. Historically, the biggest cash crop on the farm is the 550±<br />
irrigated acres of sugar beets. Conveniently<br />
located nearby is a piling station in<br />
Culbertson and a sugar beet processing<br />
facility in Sidney. The construction of the<br />
Holly Sugar Corporation’s processing<br />
plant in Sidney in 1925 helped make beets<br />
the number one cash crop in Richland and<br />
Roosevelt Counties, and sugar beets remain<br />
a valuable crop along the Yellowstone and<br />
<strong>Missouri</strong> rivers. Both Coors and Anheuser-<br />
Busch have bought the malt barley from the<br />
farm in the past; the seller was a previous<br />
president of the National Barley Growers<br />
Association.<br />
With excellent water rights directly out of<br />
the <strong>Missouri</strong> <strong>River</strong>, currently, 1,178± acres<br />
are irrigated under five pivots. In addition to<br />
the irrigated acres, there are 606± acres of<br />
dry cropland and 773± acres of native range<br />
and badlands.<br />
The headquarters is on a separately deeded<br />
20-acre parcel that overlooks the farm<br />
ground and out to the <strong>Missouri</strong> <strong>River</strong>. The<br />
immaculate improvements, including a nice<br />
owner’s home, shop, equipment shed, and<br />
80,000-bushel grain storage show pride of<br />
ownership throughout. Most of the irrigation<br />
and functioning pivots are visible from the house and operate via an app on a mobile device.<br />
Located within the Fort Peck Indian Reservation, this is an extremely diverse and productive farm. In such a vibrant market, one would be hard-pressed<br />
to find a farm with this amount of production, quality improvements, and economy of scale in this price range.<br />
— 1 —
LOCATION & ACCESS<br />
Situated in the northeast portion of the state in Roosevelt County, the farm is about 35 miles west of the North Dakota border and about 58 miles south<br />
of the Canadian border.<br />
Located 15 miles from the farm, Culbertson is a quaint rural town with a population of 800± people. It has all the services of a Montana ag town<br />
including a John Deere dealership, grain shuttle loading facility, United Grain, Anchor Ingredients, credit union, bank, a couple of restaurant/bars,<br />
pharmacy, grocery store, hardware/furniture store, bulk-fuel dealer, feed dealer, and the Roosevelt Medical Hospital. Fertilizer can be bought in<br />
Culbertson but is currently bought five miles from the farm in Brockton. Most of the crop inputs can be bought within five to fifteen miles of the farm.<br />
There is a K-12 school with about 300 students attending. Culbertson has a Class C Montana High School with an eight-man football team, boys’ and<br />
girls’ basketball teams, cross country, track, and a speech and drama team.<br />
For a more diverse array of amenities, Sidney is located about 53 miles from the<br />
farm. This classic rural Montana town, known as the “Sunrise City”, is the largest<br />
town in northeastern Montana with a population of around 5,800 and provides<br />
essential resources to the region.<br />
A good array of medical services including specialists and assisted-living<br />
accommodations are available in Sidney through the Sidney Clinic, and Sidney<br />
Health Center. Mercy Medical Center in Williston, North Dakota is considered the<br />
regional hospital in the area and provides extensive services and specialists.<br />
Limited commercial air travel is available through Dawson Community Airport in<br />
Glendive and the Sidney-Richland Airport, both of which are serviced by Cape Air<br />
and have daily direct flights to and from Billings. A full-service FBO (fixed-based<br />
operator) is available to accommodate private aircraft at Sidney-Richland Airport.<br />
Williston Basin International Airport offers daily flights to and from Denver through<br />
United Airlines.<br />
Billings Logan International Airport provides a wider variety of commercial carriers with national and limited international travel through Allegiant<br />
Air, Alaska Airlines, Delta, and United Airlines. Currently, direct flights are available to Denver, Las Vegas, Minneapolis, Phoenix, Los Angeles, and<br />
Seattle. Cape Air offers flights to multiple destinations around Montana. For up-to-date flight schedules and airport information, refer to the airport<br />
website: www.flybillings.com. Also located at Billings Logan International Airport is Edwards Jet Center offering a full range of FBO services<br />
including fuel, aircraft parking, hangar, and maintenance. Visit http://www.edwardsjetcenter.com/ for additional services and information.<br />
Fork Peck Indian Reservation, which encompasses a large swath of land in the northeastern portion of Montana, has a total land area of 2,094,000±<br />
acres. The ninth-largest Indian reservation in the United States and the second largest in Montana, it contains five public school districts and Fork Peck<br />
Community College, which offers varying associate degrees. Headquartered in Poplar, the college has excellent rail access due to its location on the<br />
Amtrak “Hi-Line” route. The reservation is home to two distinct American Indian Nations, and each is composed of numerous bands and divisions.<br />
Most of the population on the reservation is located along the southern border near the <strong>Missouri</strong> <strong>River</strong>. Although there are estimated to be 11,786<br />
enrolled tribal members, only 6,000± reside on or near the reservation.<br />
— 2 —
LOCATION & ACCESS<br />
Approximate driving distances to other cities and area attractions from <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong> are as follows:<br />
Culbertson<br />
15 miles<br />
Williston, ND<br />
52 miles<br />
Sydney<br />
58 miles<br />
Fort Peck<br />
85 miles<br />
Billings<br />
327 miles<br />
— 3 —
— 4 —
PHYSICAL & OPERATIONAL DESCRIPTION<br />
<strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong> operates on approximately 2,577± deeded acres classified as follows:<br />
773± Acres of Native Range and Pasture<br />
606± Acres of Dry Crop Land<br />
1,178± Acres of Flood-Irrigated Crop Land<br />
20± Acres includes Owner’s Home and some of the Improvements (included in sale)<br />
2,577± Total Acres<br />
The consistent soil profile and extended growing season in this region of Montana historically generate tremendous crop yields. The irrigated crop land<br />
is very productive with historical yields averaging approximately as follows:<br />
Irrigated Malt Barley:<br />
Irrigated Durham Wheat:<br />
Dry Land Spring Wheat:<br />
Irrigated Sugar Beets:<br />
100 Bushel/Acre<br />
70 Bushel/Acre<br />
40 to 45 Bushel/Acre<br />
30 Tons/Acre<br />
Lentils and peas are planted in late April to early May and harvested in late July through August depending on the year. Crops are rotated on an annual<br />
basis depending on the market and soil conditions. The general historic practice and current farmer utilize a 50/50 small-grain sugar-beet rotation.<br />
— 5 —
PHYSICAL & OPERATIONAL DESCRIPTION<br />
The farm, which is primarily productive topsoil, consists mostly of Haverland loam and alluvial soils. This type of soil is characteristic along rivers<br />
and floodplains and is typically rich in nutrients and highly fertile. The productive soils combined with extremely consistent water produce formidable<br />
yields. Although the soil will not grow potatoes, it would be excellent ground to raise alfalfa or an alfalfa/grass crop as it is well drained, most likely<br />
getting at least three to four cuttings. There is minimal heavier clay that should remain dryland crop ground on the farm as the soils vary along the river<br />
bottom.<br />
Five Valley pivots (three covering 310-315 acres each, one covering 130 acres, and one covering 85-90 acres), provide a large, irrigated base. Three<br />
electric pumps including two 75-horse pumps and one 60-horse pump, deliver water to the pivots. The pumps are situated in the river, not in a side<br />
channel, therefore any silting or bank erosion in the river will not affect the ability of the pumps to provide water. Only Valley parts have been used for<br />
replacement parts. The pivots, which can be controlled remotely with an app on a mobile device, are visible from the home that overlooks the irrigated<br />
portion of the farm.<br />
The decreed water rights predate the Fish, Wildlife & Parks 4,000 CFS of instream flow which is required to stay in the river. The Fort Peck Dam and<br />
reservoir must release water to be provided downstream from the farm for multiple uses. This indicates that the CFS flow released out of the reservoir<br />
will consistently provide the necessary irrigation water even in a dry year. In 2021, during the historic drought, the water was available, and the yields<br />
were all very respectable on this farm.<br />
There is an abundance of reserve water that can be obtained through the Conservation District with water rights that will allow expansion of the<br />
irrigated base. 70,000 acres of reserve water are available through the Conservation District and only 12,000 acres are currently being utilized. Seldom<br />
is this amount of water readily available for additional use. There is an additional 200± acres of dry crop ground that could be developed into irrigated<br />
ground with the use of adding corner arms on the existing pivots and the addition of several new pivots. The development of additional irrigated ground<br />
could be a relatively easy and streamlined process, which is rare. One would need to apply for the additional water rights through the Conservation<br />
District and apply for a new “point of diversion” for additional pivots through the Corp. of Engineers.<br />
— 6 —
PHYSICAL & OPERATIONAL DESCRIPTION<br />
Shipping markets, services, and supplies are conveniently located near the farm. All necessary crop inputs are located within 5 to 15 miles of the farm.<br />
There is a sugar beet piling station in Culbertson and a sugar beet plant in Sidney. United Grain also has a shuttle loader in Culbertson and handles<br />
spring and winter wheat. Fertilizer is available from Horizon Resources in Culbertson or five miles away at the fertilizer plant in Brockton. There is<br />
a bulk fuel and feed dealer located in Culbertson. The Durum wheat historically has been shipped to Columbia Grain in Plentywood, MT or <strong>Farm</strong>er’s<br />
Elevator in Wolf Point. Rahr Malting Co. in Ray, ND commonly purchases the malt barley and is 80 miles from the farm. Anchor Ingredients in<br />
Culbertson will typically buy the feed barley, lentils, and peas for pet food. For transportation of crops, a BNSF main-line railway, which spans from<br />
Chicago to Seattle, runs along the eastern side of the farm, dissecting the farm ground and the native pasture in the Breaks.<br />
A reciprocal lease is in place between the <strong>Flying</strong> O for their only noncontiguous<br />
40-acre piece with a neighbor who has two 20-acre leases on the Fort Peck<br />
Reservation that are contiguous to the <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong>, thus<br />
allowing both party’s pivots to function properly. The farm’s noncontiguous<br />
deeded 40-acre piece allows the other party the ability for their pivot to do a<br />
full ¾ rotation, and the two 20-acre leases in the reciprocal exchange allow<br />
one of the <strong>Flying</strong> O pivots to do a full 360-degree rotation. There is also a<br />
competitive lease with the Bureau of Indian Affairs (BIA)/Fort Peck Tribe on<br />
another 20 acres allowing another one of the farm’s pivots on the river (Pivot<br />
No. 5) to do a full 180-degree rotation. This competitive BIA lease on 20<br />
acres just renewed for another five-year term ending December 31st, 2025.<br />
The reciprocal lease has been in place for 24 years and is due for renewal on<br />
or before December 31, 2023. The reciprocal lease will be renewed for another<br />
term as a condition of sale. Although there is a competitive BIA lease in place<br />
on 20 acres and a current reciprocal lease with the neighbor, exchanging the use of two twenties for a forty, it is important to note that these leases and<br />
exchanges would only benefit the respective owners of these pivots. They would be of little other value to another lessee.<br />
Since the seller’s retirement in 2021, a tenant farmer has been in place that has leased the farm for the past year. The tenant’s second annual lease<br />
runs until March 1st, 2023, and the tenant would like to continue leasing the farm. The lease payment is based on a crop share but will provide a<br />
competitive return on investment (ROI) to a new buyer. If the lessee does have to vacate, he will work with a new owner/operator regarding any fall<br />
farming operational necessities after he has harvested his crops. If the lease is discontinued, the tenant can vacate the farm after the harvests but would<br />
like to utilize the storage facilities on the farm to capitalize on market conditions until March 1st, 2023, which will be the end of his current term. For<br />
the buyer looking solely for the ROI and the investment, there is a solid, honest operator in place hoping to continue leasing and looking after the farm.<br />
The seller, who grew up on the farm, retired last year after running it for 45 years. With his motto of “Quality over Quantity”, he created a successful<br />
farming operation on the <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong>. The excellent water rights and consistent availability of water almost guarantee solid yields<br />
on crops year after year. For either a buyer who wants additional production for their existing farm or ranch, or for one who wants to run this farm<br />
independently, it is a viable option for a solid investment. In addition, it would make a great feed base or feedlot, or perhaps a superb dairy farm. With<br />
pride of ownership evident throughout, seldom do you see a production farm with these type yields and diversification in today’s market.<br />
— 7 —
IMPROVEMENTS<br />
The improvements are all in excellent shape, very functional, and extremely well maintained. The farm requires no additional enhancements to<br />
effectively function under its current program. The home and most of the improvements are situated contiguously across the road from the farm ground<br />
and surrounded by the native pasture and breaks overlooking the farm, pivots, and the <strong>Missouri</strong> <strong>River</strong> lined with cottonwoods in the distance.<br />
Owner’s Home: The owner’s home is an earthsheltered<br />
home on three sides, with large, picturesque<br />
windows overlooking the irrigated farm ground across<br />
the road. It is approximately 2,500 sq. ft. with three<br />
bedrooms and two full bathrooms. It was constructed<br />
in 1983, originally as an earth home. It is open and<br />
airy, with a kitchen that flows into the dining and<br />
living room. There is an 8' x 14' office and a two-car<br />
adjoining garage. It is heated with an electric furnace;<br />
electric storage heaters and a gas fireplace insert. The<br />
electric furnace also provides air conditioning in the<br />
summer and fall months. There is a Tribal rural water<br />
system that provides the water to the house and the<br />
shop and is excellent drinking water! The Culbertson<br />
school bus route passes right by the home.<br />
Manufactured House: The 2006 Highland modular<br />
home is 16' x 80' with three bedrooms and two<br />
bathrooms. The foundation is skirted, and the home<br />
is tied down for insurance purposes in place of a<br />
foundation. It is located close to the shop and is<br />
currently utilized by the lessee for his hired hands.<br />
Heated Shop: The shop would be the envy of most<br />
farmers. It is approximately 45' x 64', heated by<br />
propane with radiant heat and an overhead forcedair<br />
heater. There is a full bathroom which is fully<br />
plumbed with a toilet, shower, and wash sink. There<br />
is also an electric door big enough to get a combine<br />
in and out to work on or for storage. The Ingersoll<br />
Rand compressor will remain, and any other personal<br />
equipment can be negotiated and purchased by private<br />
treaty if desired.<br />
— 8 —
IMPROVEMENTS<br />
Equipment Storage Shed: The 50' x 75' equipment storage shed is light and airy. It is made of heavy fabric with galvanized bows and pillars that are<br />
sunk in 3 to 4 feet of concrete. There is also a concrete floor. The fabric is warrantied for 15 years. The doors on both ends are 16' high and 16' wide.<br />
There is room to store a lot of equipment in this facility with a drive-thru capability.<br />
Galvanized Steel Storage Shed: The 24' x 30' galvanized-steel storage shed is big enough to store a combine and cutter.<br />
Grain Bins/80,000 Bushel Storage: There are twelve grain bins all located in close proximity to each other near the owner’s home, shop, equipment<br />
shed, and steel building. They are of varying ages, but they<br />
are in good condition and very functional. There are three<br />
10,000-bushel bins, five 6,000-bushel bins, and four 3,000-<br />
bushel bins. None of them utilize dryers as dryers are not<br />
necessary.<br />
Steel Building: This flat storage building stores any overflow<br />
grain after harvest if necessary. This 32' x 80' steel building with<br />
a concrete floor is factored into the 80,000-bushel capacity.<br />
Pivots: There are five pivots on the farm irrigating<br />
approximately 1,178 acres with irrigation water rights entirely<br />
out of the <strong>Missouri</strong> <strong>River</strong>. They are Valley pivots and only<br />
Valley parts have been used for replacement parts. They vary<br />
in age, but all are in good condition and very functional. Agri<br />
Industries in Sidney does most of the work on the pivots when<br />
necessary. The Seller can operate the pivots via his cellular<br />
phone and watch the pivots and the lights at night from his<br />
master bedroom. Although pivots are seldom easy to operate,<br />
the modern technology makes this task more manageable.<br />
There are three pivots that irrigate 310-315 acres each, one<br />
pivot that irrigates 130 acres, and the smallest pivot irrigates<br />
approximately 85 to 90 acres. There are three floating pumps, two 75-horsepower pumps that pump 1,900 gallons per minute, and one 60-horsepower<br />
pump with a booster that also pumps 1,900 gallons per minute. Any work on the pump motors goes to a small “Ma and Pa” shop in Baker, MT. There<br />
are several good pump sites for all three pumps located directly on the <strong>Missouri</strong> <strong>River</strong>. The electricity to run the pivots is provided by two different<br />
lines through Lower Yellowstone Electric out of Sidney, MT.<br />
Fuel Tanks: The farm includes two 1,000-gallon fuel tanks and one 500-gallon tank for gasoline. This is under the EPA threshold and there are no<br />
EPA violations on the farm. All used oil has been hauled out over the life of the farm. There is a burn pit/dump that hosts some old lumber, some<br />
household items, and a few tires. It is located up in the Breaks out of site and will be shown to any prospective buyer looking at the farm. There is no<br />
known contamination on the farm.<br />
— 9 —
WATER RIGHTS<br />
DECREED IRRIGATION WATER RIGHT<br />
Approximately 1,178 acres of farmland are irrigated with decreed water rights from two diversion points right on the <strong>Missouri</strong> <strong>River</strong>. The Reserve<br />
water through the Conservation District is water rights that predate the Fish, Wildlife and Parks instream flow of 4,000 CFS. That is very significant!<br />
There are 70,000 acres allotted for irrigation in the district and only 12,000 are currently being irrigated. The process for developing more irrigable<br />
land on the farm is streamlined, quite easy, and very attainable. An additional 200 acres on the farm could be converted from dryland crop ground into<br />
irrigated ground with the addition of some pivot arms on the existing pivots and the implementation of another pivot or two. One would also need to<br />
work with the Corp. of Engineers on acquiring a permit for another point of diversion.<br />
A portable pump system with three electric pumps runs simultaneously with two different electric lines (one three-phase and one single-phase) with<br />
electricity provided through Lower Yellowstone out of Sidney. During the irrigation season, the pumps are placed directly into the river in their<br />
respective points of diversion, not side channels, and pump water vertically out of the river into two ten- and twelve-inch buried mainlines providing<br />
the water to the pivots. These two buried mainlines will service five different Valley pivots that can be run concurrently. They are controlled by a GPS<br />
system that can be run from a cellular phone. Water has not been an issue including during last year’s drought.<br />
Water Right Priority Date Acres Use Source<br />
40S 101076 00 1997.04.16 636 1272 Irrigation <strong>Missouri</strong> <strong>River</strong><br />
40S 101092 00 1985.07.01 318 636 Irrigation <strong>Missouri</strong> <strong>River</strong><br />
40S 106984 00 1985.07.01 315 284 Irrigation <strong>Missouri</strong> <strong>River</strong><br />
40S 168869 00 1927.12.19 120 240 Irrigation Unnamed Trib Of <strong>Missouri</strong> <strong>River</strong><br />
40S 172262 00 1943.12.31 0 0 Stock Groundwater<br />
40S 172263 00 1930.05.31 0 0 Stock Spring, Unnamed Trib Of <strong>Missouri</strong> <strong>River</strong><br />
40S 172264 00 1930.05.15 0 0 Stock Groundwater<br />
40S 172265 00 1930.05.15 1 3.2 Domestic Groundwater<br />
40S 172266 00 1963.06.03 438 0 Irrigation <strong>Missouri</strong> <strong>River</strong><br />
40S 18134 00 1978.04.05 0 3.75 Domestic,Stock Groundwater<br />
40S 19407 00 1978.07.07 0 0.75 Stock Groundwater<br />
40S 30002059 1985.07.01 284.5 569 Irrigation <strong>Missouri</strong> <strong>River</strong><br />
— 10 —
WATER RIGHTS<br />
STOCK WATER RIGHTS<br />
There are stock water rights on the farm consisting of developed springs, wells and a pasture tap serviced by the Rural Water system, providing ample<br />
free water sources for livestock and wildlife.<br />
Please contact our Bozeman Office for a complete list of water rights appurtenant to the <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong>.<br />
All water rights in Montana are subject to eventual re-adjudication by the Montana Water Court and, as a result of that process, may be changed as to<br />
the validity, amount, priority date, place of use, and any other changes the Court determines to make. The Seller has made all filings currently required<br />
and will transfer the water rights as they currently stand with no warranty of future viability. All water rights appurtenant to and for the benefit of the<br />
Ranch will be conveyed to the Buyer at the closing of a sale.<br />
— 11 —
FISHING & HUNTING<br />
Upland-game birds inhabit the area’s coulees, grassy flats, cropland, river bottom, and native pasture in the Breaks. Sharp-tailed grouse and Hungarian<br />
partridge all thrive in this unique terrain. Wild geese migrate by the thousands along the <strong>Missouri</strong> <strong>River</strong> and rest in the farm’s meadows and cropland<br />
in the fall and spring, while filling the sky as they voyage south for the winter and back north for the summer months. Abundant populations of wild<br />
turkey and pheasants have also claimed this portion of the river bottom as home.<br />
— 12 —
FISHING & HUNTING<br />
There is a 40-acre inholding within the farm that is a wetland providing excellent bird and upland-bird habitat. The waterfowl and goose hunting on the<br />
<strong>Missouri</strong> <strong>River</strong> and the farm is phenomenal. Although you cannot hunt big game without being a member of the tribe within the Fort Peck Reservation,<br />
a tribal license, resident, or non-resident can be purchased to hunt ducks and geese as they migrate down the <strong>Missouri</strong> <strong>River</strong> heading south in large<br />
numbers. The pheasants, sharp-tailed grouse, and Hungarian partridge are plentiful on the farm and can also be hunted with a tribal license. Although<br />
you cannot prevent other tribal members from hunting on the farm, historically hunting has been very limited. The opportunity to hunt upland birds,<br />
geese and waterfowl on the farm is unlimited!<br />
The pheasant population along the meadow bottoms has thrived over the years. With virtually no hunting pressure, the habitat along the <strong>Missouri</strong> and<br />
nearby grain crops has produced bumper crops of birds. With strong pheasant populations across the hundreds of acres of river bottom, it could be<br />
hunted repeatedly with minimal impact. This is truly a bird hunter’s paradise!<br />
Fort Peck Lake, which reaches six counties, is the largest lake in Montana and the fifth largest reservoir in the U.S. Located a 1.5-hour drive from the<br />
farm, it is home to about 50 species of fish and has 1,520 miles of shoreline. Created by the 3.8-mile dam in 1930, it stretches across the <strong>Missouri</strong> <strong>River</strong>.<br />
This tourist destination contains numerous designated recreational sites, countless camping opportunities, abundant fishing, hiking trails, water sports,<br />
horse riding areas, hunting, and a wildlife refuge. It is home to the Governor’s Cup Fishing Competition for those wishing to try to catch the largest<br />
walleye.<br />
— 13 —
ELEVATION & CLIMATE<br />
<strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong> ranges in elevation with the highest point at approximately 2,140 feet above sea level down to approximately 1,910 feet<br />
along the banks of the <strong>Missouri</strong> <strong>River</strong>. The farm ground south of the highway is relatively flat with an average elevation of 1,925± feet. The land north<br />
of the highway varies in elevation throughout the Breaks and the improvements sit at approximately 1,960 feet.<br />
The average annual precipitation is approximately 14 inches of rain and 38 inches of snow, with May and June historically being the wettest months.<br />
Additional rainstorms also frequent the region in late July through early August which boosts the grass through the balance of the summer into the fall.<br />
The area’s average growing season is approximately 130 to 140 days from early May to late September.<br />
Average maximum temperatures in June, July, and August range from 79° to 87° F. Summer lows range from 50° to 56° Fahrenheit. In December,<br />
January, and February average high temperatures are between 24° and 31° F. Winter average minimum is between 2° and 8° F.<br />
This is an area that receives a good amount of sunshine throughout the year with an average of 208 sunny days. (per U.S. Climate Data)<br />
— 14 —
UTILITIES & SERVICES<br />
Electricity to the homes on the farm is provided by Sheridan Electric in Medicine Lake, MT. The electricity for the irrigation pumps is provided by<br />
Lower Yellowstone out of Sidney. Nemont Telephone Cooperative out of Scobey, MT provides both high-speed internet and phone service. Verizon<br />
Wireless is the local cell phone provider and is available at most locations on the farm.<br />
REAL ESTATE TAXES<br />
The real estate taxes for 2021 were $13,267.57.<br />
MINERAL RIGHTS<br />
The Sellers will be retaining the mineral, oil,<br />
gas, geothermal and hydro-carbon rights they<br />
own, subject to reservations by previous owners.<br />
FENCES & BOUNDARY LINES<br />
The Sellers hereby make known that there may<br />
be variations between the deeded property lines<br />
and the location of the existing fence boundary<br />
lines on <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong>. The<br />
Sellers make no warranties with regard to the<br />
location of the fence lines in relationship to the<br />
deeded property lines, nor do the Sellers make<br />
any warranties or representations with regard to<br />
specific acreage within the fenced property lines.<br />
The Sellers are selling <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong><br />
<strong>Farm</strong> in its “as is-where is” condition which<br />
includes the location of the fences as they now<br />
exist. Boundaries shown on any accompanying<br />
maps are approximate. The maps are not to scale<br />
and are for visual aid only. The accuracy of the<br />
maps and information portrayed thereon is not<br />
guaranteed nor warranted.<br />
— 15 —
RANCH HISTORY<br />
The Seller’s family has been in northeast Montana since 1914. The grandfather left Iowa heading west to British Columbia but stopped in northeast<br />
Montana to visit a friend and never left. After a brief stint working on Snowden Bridge, where the <strong>Missouri</strong> and Yellowstone <strong>River</strong>s confluence, he<br />
hired on with the Frye Cattle Company as they leased much of the eastern half of the Fort Peck Indian Reservation. He ran a hay crew on Muddy Flats<br />
and lived out of a tent during the haying season with his wife who cooked for the crew. He fed about 250 head of cattle in the winter, feeding with a team<br />
of horses and a pitchfork. Ultimately, Frye purchased most of the land as it was trust land held by the federal government and the grandfather eventually<br />
became a tenant farmer for Frye Cattle Company. After the death of the Frye family patriarch, the grandfather purchased the farm in 1941. He utilized<br />
a one caricature iconic “<strong>Flying</strong> O” brand for their growing herd of Hereford cattle. The brand will convey with the sale of the farm to the next owner.<br />
The grandson took over running the farm after graduating from college in 1975 and recognized the opportunity for irrigation production with the<br />
availability of water rights out of the <strong>Missouri</strong> <strong>River</strong>. He immediately developed the dry cropland on the farm by acquiring water rights directly out of<br />
the <strong>Missouri</strong> <strong>River</strong> and installing the first pivots in 1977. He eventually transitioned the ranch to a full-time irrigated and dry crop farm. In time, they<br />
dispersed the herd of Hereford cattle and developed the farm into an extensive and diverse farming operation that currently raises malt barley, sugar<br />
beets, Durum wheat, some spring and winter wheat, and some lentils and peas. The farm has been owned and operated by the same family for over 81<br />
years.<br />
— 16 —
AREA HISTORY<br />
One of the oldest towns in northeastern Montana,<br />
Culbertson was established in the year 1887 after the<br />
arrival of the Great Northern Railway (then called<br />
St. Paul, Minneapolis & Manitoba Railway) when<br />
Montana was still a territory. Its name came after<br />
Major Alexander Culbertson, the former head of<br />
the American Fur Company and a mountain man.<br />
Culbertson won the respect of the Blackfeet Indians<br />
as a fair trader and fur trading began in this location.<br />
Later it became a trade center for the emerging cattle<br />
industry. The town was first seen by white men<br />
through the eyes of Lewis and Clark in the year 1805<br />
as abundant in wild game and lushes’ grassland.<br />
They camped at the confluence of the <strong>Missouri</strong> and<br />
Yellowstone <strong>River</strong>s, just across what is now the<br />
Montana-North Dakota border about twenty miles<br />
northeast of present-day Sydney.<br />
Game is still very abundant. We can scarcely cast our eyes in any direction<br />
without perceiving deer, elk, buffalo, or antelopes.<br />
Captain Meriwether Lewis, April 27, 1805 – Corps of Discovery<br />
From the 1830s to the 1850s, to the northeast of Sidney, the Old Fort Union, built in 1828, now a National Historic Site, was a hub for trade and<br />
commerce at the convergence of the rivers. Known as a center of “peaceful economic and social exchange,” Fort Union welcomed both Indian and<br />
white traders inside its gates. The fur trade on the upper Yellowstone and <strong>Missouri</strong> <strong>River</strong>s thrived and the Indians and the white man lived harmoniously<br />
for the period between 1806 and the end of the Civil War in 1865. With the conclusion of the Civil War, whites moved west in droves resulting in the<br />
eventual relocation of the Indians to reservations.<br />
Between 1870 and the mid-1880s, Montana cattle numbers exploded from about 50,000 to over 1,000,000! Buffalo were rapidly killed off by fur<br />
traders, Indians, and cattlemen, while cattle mingling in the vast buffalo herds were lost to Indians and rustlers. As the Indians were relocated, the<br />
cattlemen obtained access to the plains of eastern Montana and North Dakota. Miles City became known as the “urban center” of the region serving<br />
as a major shipping point for cattle heading east by rail.<br />
This “Cattle Boom” hit a difficult period between 1886 and 1891. The finite resource of grass had reached its limit; overgrazing, several dry years, and<br />
the severe winter of 1886-87 led to massive losses. One historian notes “… it is estimated that stock growers lost 95% of their cattle to starvation.”<br />
Cattlemen soon realized that managing the grass and addressing common problems resulted in greater profits. Stock growers’ associations were formed<br />
and remain operational even today.<br />
— 17 —
BROKER SUMMARY STATEMENT<br />
The size, scope, and resource condition of <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong> provide all the necessary ingredients for a successful investment in production<br />
agriculture along with considerable recreational opportunities for either a resident or non-resident owner. For those who have closely followed farm<br />
property values in Montana in recent years, this offering is priced very competitively in today’s market with solid management in place to continue<br />
realizing consistent returns even in the past drought conditions. With solid water rights, <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong> is situated in one of Montana’s<br />
most reliable river drainages. The <strong>Missouri</strong> <strong>River</strong> flows with the quantity of water to ensure a solid irrigating season year in and year out and with the<br />
farm’s excellent soil profiles, it continually produces quality crops and yields.<br />
This farm offers a competitive return on investment (ROI) for a savvy buyer that chooses to keep the current tenant in place. For the buyer that wants to<br />
operate the farm themselves, the consistency of the water for the irrigable cropland, soil quality and the consistent crop yields will ensure an excellent<br />
investment in a very productive farm.<br />
<strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong> provides the unique opportunity to acquire approximately 2,577± acres of deeded land with 1,178± acres of irrigable<br />
land, 606± acres of dry cropland, and 773± acres of native range with impeccable improvements in some of Montana’s most productive farming and<br />
cattle country. Rarely does a farm like this come on the market that provides proven agricultural production and income along with solid upland-game<br />
bird and waterfowl hunting or watching. This is a true gem and a turn-key opportunity!<br />
— 18 —
OFFERING PRICE & CONDITIONS OF SALE<br />
<strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong>, as previously described herein, is offered at US $6,395,000.00 Cash or Terms acceptable solely at the discretion<br />
of the Seller. As of May 2022, the conditions of sale are as follows:<br />
1. All offers to purchase, or letters of intent must be in writing and accompanied by earnest money made payable to the escrow account<br />
of American First Title Company in Glasgow, MT.<br />
2. Earnest money deposits will be placed in escrow with American First Title Company of Glasgow, MT which will then place the funds<br />
with local banks at nominal rates of interest accruing to the benefit of the Buyer until Closing, should the appropriate paperwork be<br />
completed.<br />
3. All Prospective Buyers must demonstrate to the satisfaction of the Listing Agent the financial capability to purchase the <strong>Farm</strong> prior to<br />
scheduling a personal tour of the property.<br />
4. The Sellers will provide and pay for a standard owner’s title insurance policy. Title to the real property will be conveyed by a limited<br />
warranty deed.<br />
5. All the appurtenant water rights controlled by the <strong>Farm</strong> will be transferred to the Buyer at Closing.<br />
6. The Sellers will be retaining the mineral, oil, gas, geothermal and hydro-carbon rights they own, subject to reservations by previous<br />
owners.<br />
7. Buyers’ Brokers are welcome and invited to contact David A Lowry with Swan Land Company for additional information and to set<br />
up a private tour of the farm.<br />
8. Any additional documentation provided to Prospective Buyers and their Agents related to and expanding upon the information<br />
contained in this offering brochure will be subject to terms of a Confidentiality Agreement to be signed by the Prospective Buyer and<br />
their Agents prior to the delivery of such documentation.<br />
The Sellers reserve the right to effect a tax-deferred exchange for other real property in accordance with provisions in Section 1031 of the<br />
Internal Revenue Code. The Buyer will not be required to incur any additional expenses nor to step into the chain of title on any property<br />
which the Sellers may acquire.<br />
This entire <strong>Offering</strong> is subject to errors, omissions, prior sale, change or withdrawal without notice and approval of purchase by the Sellers.<br />
Information regarding land classifications, acreages, carrying capacities, crop yields, potential profits, etc., are intended only as general<br />
guidelines and have been obtained from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Sellers or Swan<br />
Land Company. Prospective Buyers should verify all information to their sole and complete satisfaction.<br />
— 19 —
Swan Land Company has been authorized by the Seller to act as their Exclusive Real Estate Broker on the sale<br />
of <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong> <strong>Farm</strong>. Since 2002, we have focused on the brokerage of significant ranches, farms<br />
and recreational properties throughout the Rocky Mountain West.<br />
This <strong>Offering</strong> is based on information believed to be correct; however, it is subject to errors, omissions,<br />
prior sale and change or withdrawal without notice. Information contained herein has been provided by the<br />
Sellers or obtained from other sources deemed reliable. The Agent does not, however, guarantee accuracy<br />
and recommends that any Prospective Buyer conduct an independent investigation.<br />
For more information or to make an appointment to inspect the <strong>Farm</strong>, please call:<br />
Swan Land Company<br />
1185 North 14th Avenue – Suite One<br />
Bozeman, Montana 59715<br />
Office 406.522.7342<br />
Toll Free 866.999.7342<br />
www.swanlandco.com<br />
David A. Lowry<br />
Broker<br />
Mobile 406.459.8060<br />
david@swanlandco.com<br />
A 48-hour notice is requested to make proper arrangements for an inspection of <strong>Flying</strong> O <strong>Missouri</strong> <strong>River</strong><br />
<strong>Farm</strong>.<br />
— 20 —
FLYING O<br />
MISSOURI<br />
RIVER FARM
Culbertson<br />
Note: All Acreages Are Approximate and All Boundary Lines, Roads and<br />
Elevations are Approximate. This Map is Not a Survey. Information Has<br />
Been Obtained From Sources Deemed Reliable But is Not Guaranteed By<br />
Either The Seller or Swan Land Company.<br />
Copyright 2021
Note: All Acreages Are Approximate and All Boundary Lines, Roads and<br />
Elevations are Approximate. This Map is Not a Survey. Information Has<br />
Been Obtained From Sources Deemed Reliable But is Not Guaranteed By<br />
Either The Seller or Swan Land Company.<br />
Copyright 2021
Genuine. Devoted. Proven.<br />
866.999.7342 | WWW.SWANLANDCO.COM | INFO@SWANLANDCO.COM