Farmland Partners Inc. (FPI) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.454 Good morning, ladies and gentlemen, and thank you for standing by. 00:00:02.454 -- 00:00:05.599 My name is Calvin, and I will be your conference operator today. 00:00:05.599 -- 00:00:09.444 At this time, I would like to welcome everyone to the Farm Loan Partners Inc. 00:00:09.444 -- 00:00:14.591 Q2 2025 earnings call. All lines have been placed on mute to prevent any background 00:00:14.591 -- 00:00:18.616 noise. After the speaker's remarks, there will be a question and answer session. 00:00:18.616 -- 00:00:22.662 If you would like to ask a question during this time, simply press star followed by the 00:00:22.662 -- 00:00:26.888 number one on your telephone keypad. If you would like to withdraw your question, please 00:00:26.888 -- 00:00:31.493 press star one again. Thank you. I would now like to turn the call over to Luca Fabri, 00:00:31.493 -- 00:00:34.796 President and CEO. Please go ahead. 00:00:34.796 -- 00:00:38.640 Thank you, Calvin. Thank you, everybody, and good morning. 00:00:38.640 -- 00:00:43.825 Thanks for joining us today for this second quarter 2025 earnings conference 00:00:43.825 -- 00:00:45.988 called a webcast. 00:00:45.988 -- 00:00:50.993 I will start as usual with some customary preliminary remarks 00:00:50.993 -- 00:00:53.155 from our general counsel, Christine Garrison. 00:00:53.155 -- 00:00:54.777 Christine? 00:00:54.777 -- 00:00:57.372 Thank you, Luca, and thank you to everyone on the call. 00:00:57.372 -- 00:01:01.618 The press release announcing our second quarter earnings was distributed after market 00:01:01.618 -- 00:01:05.763 closed yesterday. The supplemental package has been posted to the Investor Relations 00:01:05.763 -- 00:01:09.528 section of our website under the subheader Events and Presentati...