Is Monette Farms like Bernie Madoff?

[BighatPete]

If it is Chinese money. They really don't care about return on investment. They are simply trying to get their money out of the country, and into a hard asset. That is why so many of the properties in Vancouver and Toronto sit empty.
Over paying for farmland and getting no annual revenue is still far preferable to risking losing it all in China.

I think this is the only thing that makes sense. Monette is clearly a straw man for someone else. As others have said, it takes generations to amass this level of holdings.

Although it's totally normal to have your wife, brother and family work with you, in this case, I'm guessing the family is the only party that knows the secret and that's why there has never been clarity.

If Monette was really the greatest land entrepreneur, everyone would marvel at their astute purchases, but the opposite is happening.

[furrowtickler]

Be interesting to see what the end game for mega farms like this is .
Sell out as one big package ?
Parcel it out in the 30-40,000 farm units ?
if it keeps going who will take that over when he wants to cash out ?
in the meantime they definitely have an effect in every corner of the province now .

[WiltonRanch]

Yes these Chinese billionaires if they even lose a good chunk of the investment parking it here is better than leaving it at home.

[AlbertaFarmer5]

Is it worth pointing out that the thread next to this one asking why there have been no posts on this forum for days.

Apparently no one wants to discuss commodity marketing.
Yet when someone starts a thread speculating about BTOs, it gets a flurry of activity.

[AlbertaFarmer5]

If it is Chinese money. They really don't care about return on investment. They are simply trying to get their money out of the country, and into a hard asset. That is why so many of the properties in Vancouver and Toronto sit empty.
Over paying for farmland and getting no annual revenue is still far preferable to risking losing it all in China.

[blackpowder]

Some how it made sense to silage their canola crop rather than run their X9s over it. After breaking tame pasture that couldn't support 3 pairs per quarter.

Wow....

[bucket]

Some how it made sense to silage their canola crop rather than run their X9s over it. After breaking tame pasture that couldn't support 3 pairs per quarter.

[fjlip]

Unless LAUNDERING....all other investment still has to be profitable.

[Druther]

It's Big Ag...who's involved? Just a thought...big equipment company...big fertilizer company...big chemical company...big grain company and big bank...pretty good recipe if you have all the right ingredients...

[bucket]

Scott Moe was sitting their boardroom singing praises of their farming methods , that tells you something.