Is Monette Farms like Bernie Madoff?

[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]

[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 .

[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]

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.

[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.

[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.

[SASKFARMER]

I’ll phone tomorrow!

Or maybe the next day!

[WiltonRanch]

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

[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.

[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.