Let’s make this simple
What is the cut off for such a distinction?Family farms? Yes.
Big Ag? No.
What is the cut off for such a distinction?
You don’t think that could be easily manipulated? Boars Head for example is family owned.Who owns it? A family that lives on the farm or a faceless corporation?
This is true, but there’s a lot of operations with a 2-3 million of debt with that million of equity. But I do agree, their bad decisions shouldn’t result in federal bailout money.Most farmers are sitting on well over a million dollars of land and machinery. Not exactly food stamps.
You don’t think that could be easily manipulated? Boars Head for example is family owned.
I don’t know, I’ve never seen their house. You didn’t say anything about their house, you asked who owns it.Does the Boars Head family have pigs penned up behind their residence?
If it means they get government handouts you damn well better believe they will start building those pens.Does the Boars Head family have pigs penned up behind their residence?
I don’t know, I’ve never seen their house. You didn’t say anything about their house, you asked who owns it.
I specifically said "a family that lives on the farm"....
That is becoming increasingly rare in Iowa. Hence the hog confinements.
Listen, both sides of my grandparents were farmers. I can tell you that they would not like what Iowa Ag has become.
Florida, too.
If the farmer owns the land they probably aren't hurting for money.Who owns it? A family that lives on the farm or a faceless corporation?
Most farmers are sitting on well over a million dollars of land and machinery. Not exactly food stamps.
If the farmer owns the land they probably aren't hurting for money.
Please explain. There aren't many farmers in the desert.Land is not fungible.
You can be land rich and still be bankrupt.
Please explain. There aren't many farmers in the desert.
That’s where I stand.Family farms? Yes.
Big Ag? No.
I know what fungibility is. What does that have to do with the value of land? The value of land is part of a farmer's net worth. This isn't difficult. Need money, sell land.I guess you've never taken an economics class.
Fungibility is the ability of a good or asset to be readily interchanged for another of like kind. Goods and assets such as cars and houses that aren't interchangeable are non-fungible. Money is a prime example of a fungible asset because a $1 bill is easily convertible into four quarters or 10 dimes.
I know what fungibility is. What does that have to do with the value of land? The value of land is part of a farmer's net worth. This isn't difficult. Need money, sell land.
Good god. You are a socialist.You can't quickly sell land and convert it into something fungible. That's the point.
Especially if the land in question includes your residence. Which was my original thought on this question.
Family farm... you live there and work there.... you get the farm subsidies.
Corporate farm with no owners living and working on the land? No subsidies for you.
You can't quickly sell land and convert it into something fungible. That's the point.
Especially if the land in question includes your residence. Which was my original thought on this question.
Family farm... you live there and work there.... you get the farm subsidies.
Corporate farm with no owners living and working on the land? No subsidies for you.
That's not fungible or maybe it is.One can sell farm land as soon as they put it in the market. For a LOT of money.
That's not fungible or maybe it is.
Farm land in Iowa sells really quick. The land is fungible.
Farmland in Iowa typically sells within a few weeks.Regulatory bullshit means you can't convert it quickly. By "quickly" I mean today.
Regulatory bullshit means you can't convert it quickly. By "quickly" I mean today.