Yes, you can, but unless you're a pretty big operator, I don't think its worth the trouble. The technique is to own the real estate as an individual, lease it to the LLC, and realize some benefit on self employment tax. But some try to have EVERYTHING owned by the LLC, which, of course, is just a kill shot to your foot: then, the LLC is obviously just a sham, and the corporate veil can be "pierced".
So the LLC has to own some classes of assets, usually the cattle and machinery, which are then subject to liability.
Best method for most is to make your insurance benefits more attractive than your assets. Liability insurance isn't all that expensive. Make the amount higher than your net worth, and the lawyers will generally be content with that.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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