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Farmland Partners offers initial FY'18 AFFO outlook

Farmland Partners Inc. introduced initial adjusted-funds-from-operations guidance of 40 cents to 44 cents per share for the full year 2018.

The S&P Capital IQ consensus FFO-per-share estimate for the year is 43 cents, with four analysts reporting.

Since the start of 2018, the farmland real estate investment trust has closed on $27.4 million in additional farm acquisitions.