One Earth Farms

[SASKFARMER3]

I hope the Natives go it on their own their are Natives with Ag degrees.
But here is simple question, who would let their accountant run their farm or business. The answer if your honest is none. Yes they know the numbers but their is no heart in it.

[cottonpicken]

Their buying an asset.

When land goes to five thousand an acre what will you say.

[SASKFARMER3]

Sell Sell Sell if they want it I am out of here and I will buy in Argentina or Brazil and become Mattfarmer.

[agriman]

Wonder if Sprott knows about this blog?

I am not aware of a single example of a successful, large-scale investor-owned farm this side of the Napa Valley. Many U.S. states outlaw it. We know how the communist farming collectives worked out and what happened to the Matador Co-op Farm. This is like junk fax. If it worked everybody would be doing it. The only people who seem to be making large-scale farming work while involving a lot of people are the Hutterites and they have a slightly different business model. Farming is the ultimate individual enterprise. There is nothing else like it. All over the world farming is progressive and profitable in proportion to the freedom that farmers have to pursue their individual self interest.

We see investors buying farm land with both hands but sitting on it while the price goes up is hardly the same as working it.

Investors and investment funds do not have the tolerance for setbacks that private individual farmers must. If you have a drought or flood or frost or the market collapses you tighten your belt, take less out (or nothing) and wait for next year, or the year after that. An investor would sell out and buy gold or oil or fertilizer shares.

The sparkplug here is the Indian angle. It is very fashionable to make so-called partners out of the First Nations. A booming industry of consultants, educators, helpers, managers has developed, scooping up the money that comes from Ottawa and through the reserves. The aboriginal people are making progress in spite of everything the white man is doing to help them. Let's see how they make out with Sprott.

[cottonpicken]

Sprott does not know about this blog.

He is one of the richest canadians and manages billions of dollars.

[SASKFARMER3]

Good for him Cotton, Hes good with other peoples money and he takes his cut. Farming is different because of weather, tough to get more than your cut when a crop failure. Good luck chuck.

[bluefargo]

"We know how the communist farming collectives worked out and what happened to the Matador Co-op Farm"

No I don't know; What happened to the Matador Coop Farm. Last I heard, the farm was still going and successful. I know it had trouble a number of years ago when the time came to transfer to the next generation - as do all businesses.

The Coop farm model wouldn,t be for me but it seemed to work good for the people involved there. ( One of them was a friend of mine although I haven't seen him for a few years.)

[Zaphod]

When land goes to $5000, the gross margins will still be the same. Ditto if flax gets to $50 or wheat gets to $20. There won't be any free money in farming until you retire.

[furrowtickler]

If land goes to 5000/ac the only people who will benifit are those about to retire, everyone else will go broke keeping up with the payments/rents. Just ask the Iowa mid aged farmers, at $3 corn they are f$%#ed, with their $5000/ac land - and it rains 20 inches there every year with 2 feet of top soil. We barely have 6 inches of top soil and 6 inches of rain - think about it. Along with a month less growing season and horrible crop insurance. I've gota go before I break my keyboard in half.

[SASKFARMER3]

Yea the more I think about this, if this guy is such a genius then why not take that 24 million or more investment and buy Soybean ground in Brazil or Argentina and away you go. Simply two crops or more. Lots of land, Lots of rain etc. Oh wait maybe there good at selling the idea but didn't really think it through. I hope the Bands dont fall for this!

[classicalliberal]

My grandma told me once that they had Indians working for them to help with the sugar beet crops in the 40s and 50s and that my grandma picked up thier groceries for them and had little houses for them to stay in but they were never paid until the end of the season because if they got money, they would leave and go to the bar and be there for a few days drinking and then come back expecting their jobs which made my grandpa furious. In Australia when thier aboriginees do this they call it a "walkabout"

[classicalliberal]

Just to clarify a few points:

Larry Ruud and Fred Sieman's did indeed work for MNP in their past but no longer do because of other interest's (this being one of them)

The both left MNP in good terms.

It should not be assumed that MNP has an involvement with this planned "mega" farm.