We talked about this in an earlier post. This ballot issue will NOT make the smaller farmer any better off than he was yesterday or the day after tomorrow. Actually he will have fewer choices then than he would have with the current corporate laws they have.
An example I want to start a livestock feeding operation in ND. I find a nice young farmer that would love to partner with me to do it. We have zero blood relation. We want to incorporate the business,50/50. Guess what. Under the law that they just voted back in, that corporation would be illegal.
LOOK around yourselves. There are NOT large corporations buying up hundreds/millions of acres in the US. The average corporation in the US, that is involved in agriculture, is not a fortune 500 company.
What they have done is make it so there will be fewer choices for the local farmers to survive in today's market. Do you think that ND law effects the world market a single penny???? So the farmers in ND will still have to compete with farm entities that are incorporated to save money in various ways.
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