Is Monette Farms like Bernie Madoff?

[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 .

[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.

[BighatPete]

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 .

Not sure who has the money to buy hundreds of the thousands of acres that doesn't cash flow. I don't think the strategy works if you ever need to find a buyer.

[BighatPete]

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.

Ha, I saw that one. It's the middle of winter. Direct correlation between activity and temperature.

[WiltonRanch]

Speaking of shady businesses what come of input capital? Perhaps there’s a correlation with the rise of this large farm?

[SASKFARMER]

I’ll phone tomorrow!

Or maybe the next day!

[foragefarmer]

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.

[AlbertaFarmer5]

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.

Sounds like you invented another conspiracy theory.

[furrowtickler]

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.

[ajl]

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.

[furrowtickler]

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 .

[BighatPete]

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]