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Re: Crapp farms sale - bankrupt again.


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Posted by paul on March 19, 2018 at 10:51:02 from (66.60.223.229):

In Reply to: Re: Crapp farms sale - bankrupt again. posted by paul on March 19, 2018 at 08:35:39:

You folk are aware of

Illinois fAmily Farms.

Stamp Farms.

Boreson Farms (bought up Stamp assets when that went under.....)

McM Farms.

All of these were 30,000 - 80,000 acres. Half folded in the best times of farming every, couldn't make a go of it.

Now that times are tough, it will be the 1980s, only different, all over again.

Dairy - Walmart stopped buying milk from Dean Foods, and is contracting their own big farms to supply milk. So Dean Foods is dropping a lot of dairy farms. Not much else they can do, they have no where to sell the excess milk.

This comes at a time when there is excess milk available all across the country. Kids drink pop, not milk. The Hollywood crowd has had a hate fest going on against milk in their 'beauty' magazines for years, they prefer coke..... the bigger dairy farms have gotten much bigger, and bottle their own brand of milk, several 3000 head dairy farms each. And so on. The typical USA dairy farmer is being pushed out.

It's called vertical integration. Happened to poultry many decades ago, happened to hogs not long ago. That General Mills deal on the old Diamond Ring farm running 39,000 acres privately by the company is an early effort to do the same to grain crops.

Push the farmer out, control the product and the cost from beginning to end.

Consumers will love it, cheaper prices. Until there are no farmers, and then they can charge what they want. Only be 5-6 companies running 'farming' in the USA and they won't hurt each other on prices.......

We continue to follow the path of USSR and China as to how we want to do business. The cheapering section of the consumer/buyer in the USA can't wait to get what they deserve. They have been cheering for this for a few decades now.

Good luck to them.

Paul


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