At least one guy - Allen Blain - spoke the truth - Pike just points fingers instead of looking in the mirror .
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For some people money trumps morality. What goes around comes around and on this planet he will reap what he has sewn. d
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Pike is a snake in the grass he will never admit that he failed this guy is all about control and don't care who he burns to feed is ego.blame goverment over not able to use pension plans to invest wtf . Invest in a company that never made a dime since they started really are people that stupid to listen to this con artist!!
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A silver lining from this is some land may become available to some young farmers in the areas Broadacre operated in. I don't know if they were responsible for driving up rents or not, they weren't in my back yard.
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So on that point. Is there anyone out there that sold land to an investor and is claiming its all good now???? How about the young farmer gets investor to buy and rent from him???? How is it going. Investors are in it for money and they are not the most informed on the block. **** me a trip to the coffee shop would have paid many of them well over half million. Investors will be scrambling in my opinion. 10 year contracts mean nothing when the price is dropping.
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Adding to freeewheats poin.There is a couple that I thought were hippie organic types but really they are just pretty nice people who were organic farmers 25 years ago doing their own thing. They collect seeds and herbs and stuff like that. Now their gross annual is In the millions The building is not larger than a hockey rink.
Green houses can easily generate $ 20,000/acre revenue.
A local very good farmer sold everything 3000acres, bought a quarter near Saskatoon and makes $10000/ acre just on pumpkins. They make money on the immature discards by inviting families to shoot them with a big rubber slingshot and watch them smash. The boy inside this man would pay to do that.
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"the value of what we grow doesn't keep pace" ,
"it's about how much you farm properly",
"as long as you do as good of a job on the last acre as you do on the first one".
"we family farmers apparently work for peanuts",
"you have to hire people who are not vested",
"There simply is not a size requirement to have success",
"This may work in areas of the world where quality crop production is not so limited to such a short growing season and the time constraints that go with it"
Even Pike is correct sometime,"We actually will have better returns this year on 4,000 acres than we ever did in all our other cropping operations, so I don’t believe it’s just a scale thing.â€
Very interesting take by all of you, Agree that seasonal labor could limit size, as well as families need to get along to keep a large operation going.
In this area nearly all have eventually split up. I think the ever decreasing purchasing power of commodities drives size, to maintain lifestyles comparable to wage earners.
I mourn the loss of viability in rural communities, can not turn back time, hard to see it build up and disappear in 60 years. Probably best to exit, like the pumpkin farm idea.
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