Distinguished AgEcon Alumni

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Richard R. Halderman

B.S., Agricultural Economics, 1991, Purdue University

Anderson PhotoContinuing a Family Legacy

Decades before Richard R. Halderman was born, the family name was already well-known for farm management achievements. The legacy began when his grandfather Howard stepped up to manage foreclosed farms during the Great Depression. It continued under his father Robert, and now the third generation, brothers Howard and Richard.

“Dad loved nothing more than figuring out how to set Howard and me up with the business and let us run,” Richard says.

After earning an agricultural economics degree at Purdue in 1991, Richard spent about a year at a Florida dairy before joining the family businesses, Halderman Farm Management Service Inc. and Halderman Real Estate Services Inc. in Wabash, Indiana.

Today, he co-owns those businesses with this father and brother. And he heads Halderman clients Teays River Investments and Agricultural Real Estate Investors, whose combined assets include some 70,000 acres of U.S. crop and livestock production operations valued at more than $200 million. He is also on the board of International Farmland Holdings, which has invested more than $600 million in Argentine, Brazilian and Uruguayan farmland topping 650,000 acres.

“The challenge draws me, and so does the paradox of agriculture,” Halderman says, as do the people he works with. “We go a thousand miles an hour. We see change occurring. Economically, it’s been quite interesting, sure. I do what I love and the money happens to be a byproduct of that.”

Halderman’s spare time is focused on religious activities and his family—his wife Kelli and their home-schooled children, Jackie and Jeremiah. Together, they enjoy renting villas on tropic islands, where they boat, water ski, scuba dive, or visiting Colorado for snow skiing vacations. They also like to read and compete in mini-triathlons.

 

Timeline

1991
B.S., Agricultural Economics, Purdue University

1992-2000
Vice president, Halderman Farm Management Service Inc. and Halderman Real Estate Services Inc.

2000-2007
President, both Halderman companies

Since 2002
Board member, International Farmland Holdings LLC and Adeco Agropecuaria SA

Since 2003
President/CEO, Agricultural Real Estate Investors LLC

Since 2007
President/CEO, Teays River Investments LLC

Quote:

“Most of my professors would cringe at this: Only fifty percent of my education was in the classroom. The other fifty percent was in the inter-fraternity council, Mortarboard, Iron Key, Old Masters and being an Ag Ambassador.”

 



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