Farmland Partners Inc.

Thank you for standing by. My name is Amy and I will be your conference operator for today. At this time, I would like to welcome everyone to the Farmland Partners first quarter 2025 earnings call. All participants have been placed in a listen only mode. After the speaker's remarks, we will conduct a question and answer session. So if you have any questions and would like to join the queue, simply press star followed by the number one on your telephone keypad. It is now my pleasure to turn the call over to Luca Fabri with the president and CEO with Farmland Partners. You may begin.

Thank you, Amy. Good morning and welcome everybody to Farmland Partners first quarter 2025 earnings conference call and webcast. We truly appreciate your taking the time to join us for these calls because we see them as a very important opportunity to share with you our thinking and our strategy in a format less formal and more interactive than public filings and press releases. I will now turn the call over to our GC, Christine Garrison, for some customary preliminary remarks. Christine?

Thank you, Luca, and thank you to everyone on the call. The press release announcing our first quarter earnings was distributed after market close yesterday. The supplemental package has been posted to the investor relations section of our website under the subheader events and presentations. For those who listened to the recording of this presentation, we remind you that the remarks made herein are as of today, May 8, 2025, and will not be updated subsequent to this call. During this call, we will make forward-looking statements, including statements related to the future performance of our portfolio, our identified and potential acquisitions and dispositions, impact of acquisitions, dispositions, and financing activities, business development opportunities, as well as comments on our outlook for our business, rent, and the broader agricultural markets. We will also discuss certain non-GAAP financial measures, including net operating income, FFO, adjusted FFO, EBITDA RE, and adjusted EBITDA RE, definitions of these non-GAAP measures, as well as reconciliations to the most comparable GAAP measures, are included in the company's press release announcing first quarter 2025 earnings, which is available on our website, farmlandpartners.com, and is furnished as an exhibit to our current report on Form 8K, dated May 7, 2025. Listeners are cautioned that these statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond our control. These risks and uncertainties can cause actual results to differ materially from our current expectations and we advise listeners to review the risk factors discussed in our press release distributed yesterday and in documents we have filed with or heard to the SEC. I would now like to turn the call to our Executive Chairman, Paul Pittman. Paul?