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Re: Intersting turn in the rent/land aditudes!!


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Posted by rrlund on April 03, 2016 at 11:26:46 from (162.250.24.184):

In Reply to: Intersting turn in the rent/land aditudes!! posted by JD Seller on April 03, 2016 at 09:11:03:

My sympathy goes with the guys who are just trying to put groceries on the table for themselves and their families. The trouble around here is that corn and soybeans aren't really the major money makers. Potatoes,dry edible beans,sugar beets and dairy are where most of the BTOs make their money. They have money to back them up and keep them going. I'm just tired of seeing friends and neighbors go out of business. It's down right depressing every time ones quits.

The new big time BTO that took over some land here last year is working around 125,000 acres. As fast as that expansion has taken place,just the equipment and labor costs have to have him drowning in red ink,but he has Amway money behind him,so I don't expect to see him disappear too soon,unless the DeVos family wises up and decides they've written that operation off their taxes long enough.


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