253.8 acre farm in Chicot county AR

Called Bill Ayres (cell 901-487-8774) Friday about this farm.  Bill works for Keith Morris at Farmer's National.  Price is $600,000 or $2372 per acre.  Farm is on Bill Young road.  Bill Ayres said that land like this could be rented out for $140 per acre per year. That sounds high.  This farm was being used for catfish ponds, but there was too much foreign competition, so it is being converted to rice.  About 2/3 is in rice now.