Kevin Gates Farm Mississippi: Current Land Holdings and Ownership
Kevin Gates farm in Mississippi spans multiple parcels across Bolivar and Coahoma Counties, with total acreage estimated at around 1,200 acres based on the latest available county tax assessor records. The primary operation focuses on row crops, including soybeans, corn, and cotton, with the land held through a combination of personal ownership and family-linked entities. Public property records from the Mississippi Secretary of State and county chancery clerk offices show that the farm is registered under a limited liability company structure designed for liability protection and estate planning. These records also indicate that the land has appreciated in value over the past decade, reflecting broader trends in Mississippi agricultural land prices. For more details on corporate farm structures and asset protection, see this overview from Forbes.
The farm's operational footprint includes several grain storage facilities, equipment sheds, and irrigation systems that support large-scale row crop production. Soil quality data from the United States Department of Agriculture Natural Resources Conservation Service classifies the land as prime farmland, with deep alluvial soils suited for high-yield commodity production. Kevin Gates farm in Mississippi is listed in local agricultural directories as an active producer, with planting and harvest schedules aligned with regional growing seasons. The operation relies on precision agriculture technologies, including GPS-guided equipment and variable-rate fertilizer application, to improve per-acre efficiency. This approach mirrors practices described in industry reports on modern Mississippi farming operations.
Crop Portfolio, Revenue Streams, and Market Exposure
Primary Crops and Annual Production Volumes
The farm's crop mix is dominated by soybeans and corn, which together account for the majority of planted acres in a typical season. USDA National Agricultural Statistics Service data for the Mississippi Delta region shows that average soybean yields in the area range from 45 to 55 bushels per acre, depending on weather and input management. Cotton is grown on a smaller portion of the land, usually in rotation with row crops to manage soil health and pest pressure. Revenue from the farm is generated through commodity sales, with pricing tied to futures markets on the Chicago Board of Trade and the New York Mercantile Exchange. The farm also participates in federal crop insurance programs administered by the USDA Risk Management Agency, which helps stabilize income during weather-related yield losses.
Revenue and Cost Structure
Operating costs for Kevin Gates farm in Mississippi include seed, fertilizer, herbicides, fuel, equipment depreciation, and land rent or property taxes. According to USDA Economic Research Service benchmarks, total operating costs for a typical Mississippi row crop farm of this size can range from $300,000 to $500,000 per year, depending on input prices and yield levels. The farm's financial structure is likely supported by operating loans from regional agricultural lenders, with loan terms tied to the annual crop cycle. Public filings and agricultural news sources indicate that many Delta farms have expanded their acreage or consolidated holdings in recent years to capture economies of scale. For a broader look at agricultural lending trends, see this report from the Federal Reserve Bank of Atlanta.
Regulatory and Compliance Context for Mississippi Farm Operations
Tax Status and Entity Filings
Kevin Gates farm in Mississippi operates under an LLC structure, which is a common entity choice for agricultural land holdings in the state. The farm's tax status is likely classified as a pass-through entity for federal income tax purposes, with income and losses flowing through to the individual owners' personal tax returns. County tax assessor offices in Mississippi maintain public records of property valuations, which are used to calculate annual real estate taxes on agricultural land. The farm may also qualify for certain agricultural exemptions or preferential assessment programs offered by the state, which can reduce the overall tax burden on farmland. Compliance with USDA conservation programs and Environmental Protection Agency regulations is also part of the operational framework.