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  <xsd:element id="fpi_RedeemableNonControllingInterestTemporaryEquityDividendsAccrued" name="RedeemableNonControllingInterestTemporaryEquityDividendsAccrued" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="fpi_RedeemableNoncontrollingInterestEquityUnits" name="RedeemableNoncontrollingInterestEquityUnits" nillable="true" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" />
  <xsd:element id="fpi_RedeemableOperatingPartnershipUnitsMember" name="RedeemableOperatingPartnershipUnitsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest" name="IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" abstract="false" />
  <xsd:element id="fpi_NoncontrollingInterestPolicyTextBlock" name="NoncontrollingInterestPolicyTextBlock" nillable="true" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_PermanentPlantings" name="PermanentPlantings" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="debit" />
  <xsd:element id="fpi_AmortizationOfBorrowerPaidPointsAndDirectCostsRelatedToNoteReceivable" name="AmortizationOfBorrowerPaidPointsAndDirectCostsRelatedToNoteReceivable" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" abstract="false" />
  <xsd:element id="fpi_FPILoanProgramMember" name="FPILoanProgramMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_DeferredOfferingCostsIncurred" name="DeferredOfferingCostsIncurred" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_TaxableReitSubsidiariesMember" name="TaxableReitSubsidiariesMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_PermanentPlantingsMember" name="PermanentPlantingsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_AgriculturalRelatedInventoryHarvestedCrop" name="AgriculturalRelatedInventoryHarvestedCrop" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="debit" />
  <xsd:element id="fpi_PercentageOfPreferentialCashDistribution" name="PercentageOfPreferentialCashDistribution" nillable="true" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_TermLoanMember" name="TermLoanMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_NumberOfTradingDays" name="NumberOfTradingDays" nillable="true" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" />
  <xsd:element id="fpi_SecScheduleIiiRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLandImprovements" name="SecScheduleIiiRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLandImprovements" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="debit" />
  <xsd:element id="fpi_MetLifeAgriculturalInvestmentsMember" name="MetLifeAgriculturalInvestmentsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_RealEstateConstructionInProgress" name="RealEstateConstructionInProgress" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_RealEstateOtherNonRealEstate" name="RealEstateOtherNonRealEstate" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_RealEstateAccumulatedDepreciationOtherNonRealEstate" name="RealEstateAccumulatedDepreciationOtherNonRealEstate" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_DeferredTaxLiabilityBuiltInGain" name="DeferredTaxLiabilityBuiltInGain" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="fpi_RedeemablePreferredOperatingPartnershipUnitsMember" name="RedeemablePreferredOperatingPartnershipUnitsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_PercentageOfCumulativePreferentialDividends" name="PercentageOfCumulativePreferentialDividends" nillable="true" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" />
  <xsd:element id="fpi_AgriculturalRelatedCostOfHarvestedCrop" name="AgriculturalRelatedCostOfHarvestedCrop" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" abstract="false" />
  <xsd:element id="fpi_AgriculturalRelatedRevenueOfHarvestedCrop" name="AgriculturalRelatedRevenueOfHarvestedCrop" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="fpi_SeriesaPreferredUnitsMember" name="SeriesaPreferredUnitsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_MetlifeTermLoanNotesMaturingIn2026Member" name="MetlifeTermLoanNotesMaturingIn2026Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_MetlifeTermLoanNotesMaturingInMarch2026OneMember" name="MetlifeTermLoanNotesMaturingInMarch2026OneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_MaximumLoanToValueRatio" name="MaximumLoanToValueRatio" nillable="true" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_IncrementalCommonSharesAttributableToRedeemableNoncontrollingInterest" name="IncrementalCommonSharesAttributableToRedeemableNoncontrollingInterest" nillable="true" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_CommonUnitHoldersMember" name="CommonUnitHoldersMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_MetlifeTermLoanNotesMaturingInJune2026FourMember" name="MetlifeTermLoanNotesMaturingInJune2026FourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_StockOfferingAuthorizedAmount" name="StockOfferingAuthorizedAmount" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="credit" />
  <xsd:element id="fpi_NoncontrollingInterestHoldingPeriod" name="NoncontrollingInterestHoldingPeriod" nillable="true" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_RutledgeCreditFacilitiesMember" name="RutledgeCreditFacilitiesMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmOneMember" name="FarmOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwoMember" name="FarmTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThreeMember" name="FarmThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFourMember" name="FarmFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiveMember" name="FarmFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixMember" name="FarmSixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSevenMember" name="FarmSevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightMember" name="FarmEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmNineMember" name="FarmNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTenMember" name="FarmTenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmElevenMember" name="FarmElevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwelveMember" name="FarmTwelveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirteenMember" name="FarmThirteenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFourteenMember" name="FarmFourteenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFifteenMember" name="FarmFifteenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixteenMember" name="FarmSixteenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventeenMember" name="FarmSeventeenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEighteenMember" name="FarmEighteenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmNineteenMember" name="FarmNineteenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyMember" name="FarmTwentyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyOneMember" name="FarmTwentyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyTwoMember" name="FarmTwentyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyThreeMember" name="FarmTwentyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyFourMember" name="FarmTwentyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyFiveMember" name="FarmTwentyFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentySixMember" name="FarmTwentySixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentySevenMember" name="FarmTwentySevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyEightMember" name="FarmTwentyEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmTwentyNineMember" name="FarmTwentyNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyMember" name="FarmThirtyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyOneMember" name="FarmThirtyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyTwoMember" name="FarmThirtyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyThreeMember" name="FarmThirtyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyFourMember" name="FarmThirtyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyFiveMember" name="FarmThirtyFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtySixMember" name="FarmThirtySixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtySevenMember" name="FarmThirtySevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyEightMember" name="FarmThirtyEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmThirtyNineMember" name="FarmThirtyNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyMember" name="FarmFortyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyOneMember" name="FarmFortyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyTwoMember" name="FarmFortyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyThreeMember" name="FarmFortyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyFourMember" name="FarmFortyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyFiveMember" name="FarmFortyFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortySixMember" name="FarmFortySixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortySevenMember" name="FarmFortySevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyEightMember" name="FarmFortyEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFortyNineMember" name="FarmFortyNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyMember" name="FarmFiftyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyOneMember" name="FarmFiftyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyTwoMember" name="FarmFiftyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyThreeMember" name="FarmFiftyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyFourMember" name="FarmFiftyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyFiveMember" name="FarmFiftyFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftySixMember" name="FarmFiftySixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftySevenMember" name="FarmFiftySevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyEightMember" name="FarmFiftyEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmFiftyNineMember" name="FarmFiftyNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyMember" name="FarmSixtyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyOneMember" name="FarmSixtyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyTwoMember" name="FarmSixtyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyThreeMember" name="FarmSixtyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyFourMember" name="FarmSixtyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyFiveMember" name="FarmSixtyFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtySixMember" name="FarmSixtySixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtySevenMember" name="FarmSixtySevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyEightMember" name="FarmSixtyEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSixtyNineMember" name="FarmSixtyNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyMember" name="FarmSeventyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyOneMember" name="FarmSeventyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyTwoMember" name="FarmSeventyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyThreeMember" name="FarmSeventyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyFourMember" name="FarmSeventyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyFiveMember" name="FarmSeventyFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventySixMember" name="FarmSeventySixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventySevenMember" name="FarmSeventySevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyEightMember" name="FarmSeventyEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmSeventyNineMember" name="FarmSeventyNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyMember" name="FarmEightyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyOneMember" name="FarmEightyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyTwoMember" name="FarmEightyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyThreeMember" name="FarmEightyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyFourMember" name="FarmEightyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyFiveMember" name="FarmEightyFiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightySixMember" name="FarmEightySixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightySevenMember" name="FarmEightySevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyEightMember" name="FarmEightyEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmEightyNineMember" name="FarmEightyNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmNinetyMember" name="FarmNinetyMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmNinetyOneMember" name="FarmNinetyOneMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmNinetyTwoMember" name="FarmNinetyTwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmNinetyThreeMember" name="FarmNinetyThreeMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmNinetyFourMember" name="FarmNinetyFourMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_MetlifeTermLoanSevenMember" name="MetlifeTermLoanSevenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_TenantMember" name="TenantMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_TenantBMember" name="TenantBMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_CornbeltMember" name="CornbeltMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_DeltaSouthMember" name="DeltaSouthMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_HighPlainsMember" name="HighPlainsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_SoutheastMember" name="SoutheastMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_WestCoastMember" name="WestCoastMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_DistributionsPaidToNonControllingInterest" name="DistributionsPaidToNonControllingInterest" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" abstract="false" />
  <xsd:element id="fpi_MetlifeTermLoanNotesMaturingInJanuary2027FiveMember" name="MetlifeTermLoanNotesMaturingInJanuary2027FiveMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_MetlifeTermLoanNotesMaturingInFebruary2027SixMember" name="MetlifeTermLoanNotesMaturingInFebruary2027SixMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_MetlifeTermLoanEightMember" name="MetlifeTermLoanEightMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_RabobankMember" name="RabobankMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_RaboAgrifinanceNoteMember" name="RaboAgrifinanceNoteMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_ReconciliationOfCarryingAmountOfMortgageLoansTableTextBlock" name="ReconciliationOfCarryingAmountOfMortgageLoansTableTextBlock" nillable="true" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_FarmOtherMember" name="FarmOtherMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_SecScheduleIiiRealEstateNumberOfFarms" name="SecScheduleIiiRealEstateNumberOfFarms" nillable="true" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" />
  <xsd:element id="fpi_SecScheduleIiiRealEstateNumberOfState" name="SecScheduleIiiRealEstateNumberOfState" nillable="true" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" />
  <xsd:element id="fpi_SecScheduleIiiRealEstateMaximumPercentageOfGrossTotalLandPlusImprovements" name="SecScheduleIiiRealEstateMaximumPercentageOfGrossTotalLandPlusImprovements" nillable="true" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_DeferredRevenueIncludingRevenueFromContractWithCustomerAbstract" name="DeferredRevenueIncludingRevenueFromContractWithCustomerAbstract" nillable="true" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_CropSalesMember" name="CropSalesMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_NumberOfFarmsSold" name="NumberOfFarmsSold" nillable="true" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" />
  <xsd:element id="fpi_MetlifeTermLoanNineMember" name="MetlifeTermLoanNineMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_ScheduleOfDerivativeInstrumentsMovementInOtherComprehensiveIncomeTableTextBlock" name="ScheduleOfDerivativeInstrumentsMovementInOtherComprehensiveIncomeTableTextBlock" nillable="true" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_PercentageOfDebtOutstandingAmountCoveredByHedging" name="PercentageOfDebtOutstandingAmountCoveredByHedging" nillable="true" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" />
  <xsd:element id="fpi_DerivativeInstrumentsMovementsInOtherComprehensiveIncomeRollForward" name="DerivativeInstrumentsMovementsInOtherComprehensiveIncomeRollForward" nillable="true" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_AccumulatedDerivativeInstrumentGainLoss" name="AccumulatedDerivativeInstrumentGainLoss" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="credit" />
  <xsd:element id="fpi_NumberOfRealEstatePropertySold" name="NumberOfRealEstatePropertySold" nillable="true" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" />
  <xsd:element id="fpi_StockRepurchaseProgramIncreaseInAuthorizedAmount" name="StockRepurchaseProgramIncreaseInAuthorizedAmount" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="fpi_TenantReimbursementsMember" name="TenantReimbursementsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_ProvisionForLoanReceivable" name="ProvisionForLoanReceivable" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="credit" />
  <xsd:element id="fpi_NumberOfDispositions" name="NumberOfDispositions" nillable="true" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" />
  <xsd:element id="fpi_LeaseInPlaceMember" name="LeaseInPlaceMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_NotesAndInterestReceivableNet" name="NotesAndInterestReceivableNet" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="debit" />
  <xsd:element id="fpi_MortgageNoteDecember2028Member" name="MortgageNoteDecember2028Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_PreferredDistributionsPayableToRealEstatePartnerships" name="PreferredDistributionsPayableToRealEstatePartnerships" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_LiquidityPolicyPolicyTextBlock" name="LiquidityPolicyPolicyTextBlock" nillable="true" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_OperatingLeaseLeaseIncomeBeginningOfYear" name="OperatingLeaseLeaseIncomeBeginningOfYear" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" abstract="false" />
  <xsd:element id="fpi_OperatingLeaseLeaseIncomeAmendedDuringYear" name="OperatingLeaseLeaseIncomeAmendedDuringYear" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" abstract="false" />
  <xsd:element id="fpi_CostOfRealEstateSold" name="CostOfRealEstateSold" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_RealEstateAndOtherNonRealEstateGrossAtCarryingValue" name="RealEstateAndOtherNonRealEstateGrossAtCarryingValue" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="debit" />
  <xsd:element id="fpi_RealEstateAndOtherNonRealEstateAccumulatedDepreciation" name="RealEstateAndOtherNonRealEstateAccumulatedDepreciation" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="fpi_NumberOfPropertiesAcquired" name="NumberOfPropertiesAcquired" nillable="true" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" abstract="false" />
  <xsd:element id="fpi_SwapFeesPayableIncludedInAccruedInterest" name="SwapFeesPayableIncludedInAccruedInterest" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_MetlifeTermLoanTenMember" name="MetlifeTermLoanTenMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_AmortizationOfAccumulatedOtherComprehensiveIncome" name="AmortizationOfAccumulatedOtherComprehensiveIncome" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_NoncontrollingInterestIncreaseDecreaseFromSaleOfParentEquityInterest" name="NoncontrollingInterestIncreaseDecreaseFromSaleOfParentEquityInterest" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="fpi_PromisedLandOpportunityZoneFarmsILlcMember" name="PromisedLandOpportunityZoneFarmsILlcMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_NetBookValueOfAssetsWithUnexercisedOptions" name="NetBookValueOfAssetsWithUnexercisedOptions" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="debit" />
  <xsd:element id="fpi_ConvertibleNotesReceivable" name="ConvertibleNotesReceivable" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="debit" />
  <xsd:element id="fpi_ThirdAmendedPlanMember" name="ThirdAmendedPlanMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_AssetsHeldForSalePolicyPolicyTextBlock" name="AssetsHeldForSalePolicyPolicyTextBlock" nillable="true" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="fpi_HedgeTerminationFees" name="HedgeTerminationFees" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="debit" />
  <xsd:element id="fpi_DistributionsOnPreferredUnitsAndPreferredStock" name="DistributionsOnPreferredUnitsAndPreferredStock" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" abstract="false" />
  <xsd:element id="fpi_OzFundPrivateInvestmentFundMember" name="OzFundPrivateInvestmentFundMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="fpi_AdditionalCapitalContributionCapAmount" name="AdditionalCapitalContributionCapAmount" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element name="RealEstateAcquisitionsPolicyPolicyTextBlock" id="fpi_RealEstateAcquisitionsPolicyPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="MurrayWiseAssociatesLlcMember" id="fpi_MurrayWiseAssociatesLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="TaxableIncomeLossAttributableToWhollyOwnedSubsidiary" id="fpi_TaxableIncomeLossAttributableToWhollyOwnedSubsidiary" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="NumberOfLoans" id="fpi_NumberOfLoans" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="OperatingLeaseMonthlyPayment" id="fpi_OperatingLeaseMonthlyPayment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="NumberOfLeasesInPlace" id="fpi_NumberOfLeasesInPlace" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="RutledgeFacilityMember" id="fpi_RutledgeFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="SafeHarborPlanMember" id="fpi_SafeHarborPlanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="EmployeeRetirementPlanAbstract" id="fpi_EmployeeRetirementPlanAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="SummaryOfOperatingLossAndTaxCreditCarryforwardsTableTextBlock" id="fpi_SummaryOfOperatingLossAndTaxCreditCarryforwardsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="RedeemableNoncontrollingInterestRedemption" id="fpi_RedeemableNoncontrollingInterestRedemption" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="RedemptionOfRedeemablePreferredUnits" id="fpi_RedemptionOfRedeemablePreferredUnits" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="IncomeTaxesTable" id="fpi_IncomeTaxesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="IncomeTaxesLineItems" id="fpi_IncomeTaxesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FpiAgribusinessTrsMember" id="fpi_FpiAgribusinessTrsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AuctionAndBrokerageFeesMember" id="fpi_AuctionAndBrokerageFeesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="CropInsuranceProceedsMember" id="fpi_CropInsuranceProceedsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="PropertyManagementIncomeMember" id="fpi_PropertyManagementIncomeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="OtherRevenuesDisaggregatedMember" id="fpi_OtherRevenuesDisaggregatedMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="PercentageOfRentReceivedDuringFirstQuarterBeforeCropsArePlanted" id="fpi_PercentageOfRentReceivedDuringFirstQuarterBeforeCropsArePlanted" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="PercentageOfRentPaymentDueDuringSecondHalfOfYearAfterCropsAreHarvested" id="fpi_PercentageOfRentPaymentDueDuringSecondHalfOfYearAfterCropsAreHarvested" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="DebtInstrumentFixedInterestRateTerm" id="fpi_DebtInstrumentFixedInterestRateTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NumberOfAgricultureEquipmentDealershipsIncludedInPurchaseOfLandAndBuildings" id="fpi_NumberOfAgricultureEquipmentDealershipsIncludedInPurchaseOfLandAndBuildings" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="PercentageOfRentalIncomeOnRent" id="fpi_PercentageOfRentalIncomeOnRent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenMember" id="fpi_FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenOneMember" id="fpi_FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenOneMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenTwoMember" id="fpi_FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenTwoMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenThreeMember" id="fpi_FinancingReceivableMaturingOnSeventeenNovemberTwentyThirtySevenThreeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FarmerMacMetlifeAndRutledgeMember" id="fpi_FarmerMacMetlifeAndRutledgeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AdditionalBondPurchaseAmount" id="fpi_AdditionalBondPurchaseAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="MetLifeFacilityMember" id="fpi_MetLifeFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FinancingReceivableAllowanceForCreditLossRollforwardTableTextBlock" id="fpi_FinancingReceivableAllowanceForCreditLossRollforwardTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="PercentageOfAmortizedCostOnFinancingReceivableAllowanceForCreditLoss" id="fpi_PercentageOfAmortizedCostOnFinancingReceivableAllowanceForCreditLoss" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="MortgageNotesReceivableOutstandingBalance" id="fpi_MortgageNotesReceivableOutstandingBalance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="MetlifeRevolvingCreditFacilityMember" id="fpi_MetlifeRevolvingCreditFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="PercentageOfPrepaymentOfLoanEqualToUnpaidPrincipalBalance" id="fpi_PercentageOfPrepaymentOfLoanEqualToUnpaidPrincipalBalance" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardsAwardsGrantedConversionRatio" id="fpi_ShareBasedCompensationArrangementByShareBasedPaymentAwardsAwardsGrantedConversionRatio" type="xbrli:pureItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NumberOfNotesOutstanding" id="fpi_NumberOfNotesOutstanding" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="DerivativeAdjustmentOfNotionalAmountAsFixedRateDebt" id="fpi_DerivativeAdjustmentOfNotionalAmountAsFixedRateDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DerivativeRatioOfFloatingRateDebtToTotalDebtPercent" id="fpi_DerivativeRatioOfFloatingRateDebtToTotalDebtPercent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="ConsiderationReceivedOnDispositionOfRealEstateProperty" id="fpi_ConsiderationReceivedOnDispositionOfRealEstateProperty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CornBeltAndDeltaAndSouthRegionsMember" id="fpi_CornBeltAndDeltaAndSouthRegionsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteNovember2028Member" id="fpi_MortgageNoteNovember2028Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="SecSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationImpairmentOfAssets" id="fpi_SecSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationImpairmentOfAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CommonUnitsMember" id="fpi_CommonUnitsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="LeasingServicesMember" id="fpi_LeasingServicesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FixedFarmRentMember" id="fpi_FixedFarmRentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="SolarWindAndRecreationRentMember" id="fpi_SolarWindAndRecreationRentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="VariableRentMember" id="fpi_VariableRentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="RealEstateAndAccumulatedDepreciationCarryingAmountOfImprovements" id="fpi_RealEstateAndAccumulatedDepreciationCarryingAmountOfImprovements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="TimeBasedRestrictedSharesMember" id="fpi_TimeBasedRestrictedSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="PerformanceBasedRestrictedSharesMember" id="fpi_PerformanceBasedRestrictedSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="GainLossOnForfeitedEarnestMoney" id="fpi_GainLossOnForfeitedEarnestMoney" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="AmountReceivedFromRepurchaseOptionOnPropertyExercised" id="fpi_AmountReceivedFromRepurchaseOptionOnPropertyExercised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="ProceedsFromLeaseTermination" id="fpi_ProceedsFromLeaseTermination" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod" id="fpi_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="OfficeSpaceAndOfficeEquipmentMember" id="fpi_OfficeSpaceAndOfficeEquipmentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfNumberOfSharesThatMayBeEarnedFollowingEndOfCumulativePerformancePeriod" id="fpi_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfNumberOfSharesThatMayBeEarnedFollowingEndOfCumulativePerformancePeriod" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="LineOfCreditFacilityEliminationOfAnnualReductionInFacilitySizePercentage" id="fpi_LineOfCreditFacilityEliminationOfAnnualReductionInFacilitySizePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="O2024Q1DividendsMember" id="fpi_O2024Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="CurrentAndExpectedCreditLosses" id="fpi_CurrentAndExpectedCreditLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="OriginationFeesIncludedInNotesReceivable" id="fpi_OriginationFeesIncludedInNotesReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="O2024Q2DividendsMember" id="fpi_O2024Q2DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="O2024Q3DividendsMember" id="fpi_O2024Q3DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FarmlandReserveIncMember" id="fpi_FarmlandReserveIncMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AreaOfRealEstatePropertySold" id="fpi_AreaOfRealEstatePropertySold" type="dtr-types:areaItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="FairValueAssetsLevel1ToLevel2TransfersAmount1" id="fpi_FairValueAssetsLevel1ToLevel2TransfersAmount1" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="FairValueAssetsLevel2ToLevel1TransfersAmount1" id="fpi_FairValueAssetsLevel2ToLevel1TransfersAmount1" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="S2024DividendsMember" id="fpi_S2024DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="O2024Q4DividendsMember" id="fpi_O2024Q4DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="LiquidityPolicyAbstracts" id="fpi_LiquidityPolicyAbstracts" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="LoansAndFinancingReceivablesAbstracts" id="fpi_LoansAndFinancingReceivablesAbstracts" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MovementInMortgageLoansOnRealEstateAdditionAbstracts" id="fpi_MovementInMortgageLoansOnRealEstateAdditionAbstracts" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MovementInMortgageLoansOnRealEstateDeductionsAbstracts" id="fpi_MovementInMortgageLoansOnRealEstateDeductionsAbstracts" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DerivativeFloatingRateExposure" id="fpi_DerivativeFloatingRateExposure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationLand" id="fpi_DisposalGroupIncludingDiscontinuedOperationLand" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationGrainFacilities" id="fpi_DisposalGroupIncludingDiscontinuedOperationGrainFacilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationIrrigationImprovements" id="fpi_DisposalGroupIncludingDiscontinuedOperationIrrigationImprovements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationDrainageImprovements" id="fpi_DisposalGroupIncludingDiscontinuedOperationDrainageImprovements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentsOther" id="fpi_DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentsOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationConstructionInProgressGross" id="fpi_DisposalGroupIncludingDiscontinuedOperationConstructionInProgressGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyAtCost" id="fpi_DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyAtCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyAccumulatedDepreciation" id="fpi_DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyAccumulatedDepreciation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyNet" id="fpi_DisposalGroupIncludingDiscontinuedOperationRealEstateInvestmentPropertyNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="SaleAndLeasebackTransactionWeightedAverageDiscountRatePercent" id="fpi_SaleAndLeasebackTransactionWeightedAverageDiscountRatePercent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="InterestReceivableNet" id="fpi_InterestReceivableNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="FundsFromOperations" id="fpi_FundsFromOperations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="AdjustedFundsFromOperation" id="fpi_AdjustedFundsFromOperation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="AdjustedFundsFromOperationPerDilutedWeightedAverageDataAbstract" id="fpi_AdjustedFundsFromOperationPerDilutedWeightedAverageDataAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AdjustedFundsFromOperationWeightedAverageNumberOfSharesOutstanding" id="fpi_AdjustedFundsFromOperationWeightedAverageNumberOfSharesOutstanding" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NetIncomeLossAttributableToNoncontrollingInterestPerShare" id="fpi_NetIncomeLossAttributableToNoncontrollingInterestPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="DepreciationDepletionAndAmortizationPerShare" id="fpi_DepreciationDepletionAndAmortizationPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="AssetImpairmentChargesPerShare" id="fpi_AssetImpairmentChargesPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ShareBasedPaymentArrangementExpensePerShare" id="fpi_ShareBasedPaymentArrangementExpensePerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="GainLossOnDispositionOfAssetsPerShare" id="fpi_GainLossOnDispositionOfAssetsPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="PreferredStockDividendsPerShare" id="fpi_PreferredStockDividendsPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="SeveranceCostsPerShare" id="fpi_SeveranceCostsPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="AdjustedFundsFromOperationDilutedPerShare" id="fpi_AdjustedFundsFromOperationDilutedPerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="FinancingReceivableMaturingOnTwelveDecemberTwentyTwentyNineMember" id="fpi_FinancingReceivableMaturingOnTwelveDecemberTwentyTwentyNineMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DividendsDeclaredPerCommonShareTaxedAsCapitalGainPercent" id="fpi_DividendsDeclaredPerCommonShareTaxedAsCapitalGainPercent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="DividendsDeclaredPerCommonShareTaxedAsOrdinaryIncomePercent" id="fpi_DividendsDeclaredPerCommonShareTaxedAsOrdinaryIncomePercent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="AssetImpairmentChargesMember" id="fpi_AssetImpairmentChargesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="RealEstateAssetsFairValueDisclosure" id="fpi_RealEstateAssetsFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DebtIssuanceCostsIncurred" id="fpi_DebtIssuanceCostsIncurred" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="SingleReportableSegmentMember" id="fpi_SingleReportableSegmentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="O2025Q1DividendsMember" id="fpi_O2025Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="S2025DividendsMember" id="fpi_S2025DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="CornBeltRegionMember" id="fpi_CornBeltRegionMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteMarch2026Member" id="fpi_MortgageNoteMarch2026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteJune2026Member" id="fpi_MortgageNoteJune2026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteApril2027Member" id="fpi_MortgageNoteApril2027Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FundsFromOperationsIncomeFromSolarCostSharingArrangement" id="fpi_FundsFromOperationsIncomeFromSolarCostSharingArrangement" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="O2025Q2DividendsMember" id="fpi_O2025Q2DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="CornBeltDeltaAndSouthHighPlainsAndWestCoastRegionsMember" id="fpi_CornBeltDeltaAndSouthHighPlainsAndWestCoastRegionsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteJuly2025Member" id="fpi_MortgageNoteJuly2025Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ConversionOfCommonUnitsToSharesAmount" id="fpi_ConversionOfCommonUnitsToSharesAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="StockIssuedDuringPeriodSharesUponRedemption" id="fpi_StockIssuedDuringPeriodSharesUponRedemption" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="O2025Q3DividendsMember" id="fpi_O2025Q3DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="O2025Q4DividendsMember" id="fpi_O2025Q4DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DispositionOfSubsidiaryPolicyPolicyTextBlock" id="fpi_DispositionOfSubsidiaryPolicyPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="DispositionOfSubsidiaryAbstract" id="fpi_DispositionOfSubsidiaryAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="RealEstateAndOtherNonRealEstateFederalIncomeTax" id="fpi_RealEstateAndOtherNonRealEstateFederalIncomeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="AmortizationOfPointsIncomeMember" id="fpi_AmortizationOfPointsIncomeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="JenniferGraftonMember" id="fpi_JenniferGraftonMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="NoteReceivableSellerFinancing" id="fpi_NoteReceivableSellerFinancing" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CornBeltDeltaAndSouthHighPlainsAndSoutheastRegionsMember" id="fpi_CornBeltDeltaAndSouthHighPlainsAndSoutheastRegionsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteSeptember2026Member" id="fpi_MortgageNoteSeptember2026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteTwoSeptember2026Member" id="fpi_MortgageNoteTwoSeptember2026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteThreeSeptember2026Member" id="fpi_MortgageNoteThreeSeptember2026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteNovember2030Member" id="fpi_MortgageNoteNovember2030Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="MortgageNoteFourSeptember2026Member" id="fpi_MortgageNoteFourSeptember2026Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="FinancingReceivableMaturingOnThirtyAprilTwentyTwentySixMember" id="fpi_FinancingReceivableMaturingOnThirtyAprilTwentyTwentySixMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DeferredTaxLiabilitiesInstallmentSale" id="fpi_DeferredTaxLiabilitiesInstallmentSale" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="InterestsIncomeMember" id="fpi_InterestsIncomeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ExchangeOfPropertiesForPreferredUnits" id="fpi_ExchangeOfPropertiesForPreferredUnits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DistributionsOnPreferredUnits" id="fpi_DistributionsOnPreferredUnits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="NumberOfPropertiesExchanged" id="fpi_NumberOfPropertiesExchanged" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="StockCancelledDuringPeriodShares" id="fpi_StockCancelledDuringPeriodShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
</xsd:schema>
