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Is Monette Farms like Bernie Madoff?

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    #21
    Originally posted by foragefarmer View Post
    What a great topic to increase activity on Commodity Marketing by the "New Kid in Town"

    Mission somewhat accomplished.

    Second time in a very short period this has happened.

    Makes you wonder who's who on Agriville is all.
    Imagine that , someone who wants to discuss an important issue for many of us and not being condescending or ignorant to posters on here . And responses are quick and respectful.

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      #22
      The big problem with Monette and this type of activity is that is raises the cost of production and diminishes opportunity for the rest of us who are trying to make wise decisions. The biggest faker wins until the whole operation goes down.

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        #23
        Originally posted by ajl View Post
        The big problem with Monette and this type of activity is that is raises the cost of production and diminishes opportunity for the rest of us who are trying to make wise decisions. The biggest faker wins until the whole operation goes down.
        Definitely has happened before with One Earth and several others that have imploded. But this is now a much larger scale .
        no doubt it’s happening in many other countries like Brazil and Eastern Europe .

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          #24
          Originally posted by furrowtickler View Post

          Definitely has happened before with One Earth and several others that have imploded. But this is now a much larger scale .
          no doubt it’s happening in many other countries like Brazil and Eastern Europe .
          It has happened in a lot of industries where someone thinks with big money behind them they can defy all rules, sometimes it works and sometimes it doesn't. Look at Thrasio with Amazon, they just went bankrupt.

          [url]https://www.reuters.com/markets/deals/amazon-aggregator-thrasio-files-bankruptcy-2024-02-28/[/url]

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            #25
            Originally posted by ajl View Post
            The big problem with Monette and this type of activity is that is raises the cost of production and diminishes opportunity for the rest of us who are trying to make wise decisions. The biggest faker wins until the whole operation goes down.
            That is my concern as well.
            We think we are competing against each other, but our competition in South America and FSU is the elephant in the room.
            I think we can be very competitive if we can keep government out of the way, but if we have outside entities artificially forcing up land costs, both purchase and rent, and averaged across all acres, it drives up our cost of production unnecessarily, then we can't compete on the world stage.

            If this turns out to be unsustainable, or if it is outside investment and eventually the investors lose interest, and they eventually fail, then the legacy costs this added to the remaining producers will take years and decades to work through the system. Keeping our COP higher than it should otherwise be.

            The other option is that these operations are that much more efficient, or know more about the future than we do, and their investments will pay off, while we sit on the sidelines scratching our heads and complaining.
            Last edited by AlbertaFarmer5; Mar 1, 2024, 10:10.

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              #26
              Originally posted by furrowtickler View Post

              Imagine that , someone who wants to discuss an important issue for many of us and not being condescending or ignorant to posters on here . And responses are quick and respectful.
              Easy big guy, no problem here, just saying it took a while till Justme18 admitted like a man who he was after Bigwheels asked.

              I was gald he came to visit the dome of knowledge and hope he comes back. This site needs new blood after years and years of regurgitation

              Never been a problem of mine who posts on Agriville the more the better, just looking at things from a different angle then you do.

              We all don't farm the same, right?

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                #27
                All I know is the CEO, president , CFO on this farm sits in the cab of machinery and earns very little. Just saying

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                  #28
                  Same here, plus accountant, treasurer, old style mechanic and gopher for the young tech!

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                    #29
                    Originally posted by bucket View Post
                    All I know is the CEO, president , CFO on this farm sits in the cab of machinery and earns very little. Just saying
                    Unfortunately that’s because most of us do exactly that .
                    maybe our downfall taking pride in what we do ?

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                      #30
                      Originally posted by foragefarmer View Post

                      Easy big guy, no problem here, just saying it took a while till Justme18 admitted like a man who he was after Bigwheels asked.

                      I was gald he came to visit the dome of knowledge and hope he comes back. This site needs new blood after years and years of regurgitation

                      Never been a problem of mine who posts on Agriville the more the better, just looking at things from a different angle then you do.

                      We all don't farm the same, right?
                      Yup
                      The only thing that burns me are those who falsely pose themselves as farmers , and only purpose is to try to come on here and shame . Thankfully most of them get called out and leave
                      can’t stand condescending people who have never stepped in our shoes let alone wore then for years
                      Last edited by furrowtickler; Mar 1, 2024, 21:44.

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