Posted by Paul on February 18, 2013 at 07:36:24 from (66.44.133.112):
In Reply to: Corporate farms? posted by Dick2 on February 18, 2013 at 06:43:09:
There can be tax reasons to become a corporation.
The issue out on the farm are Big Time Operators.
This doesn't have to be a mega farm, but often is. It's a person too big for his britches, and is just a big shot. Grows the farm into something so big it walks over the neighbors and eventually collapses upon itself, taking others with it.
You can look up 'stamp farms' for the current version from the past year.
The year before that was 'Illinois family farms' .
Every neighborhood has one or 2, they offer more rent and more risk to the widows that own farmland to rent.
The 'wave of corporate farms' that made headlines years ago in the city papers wasn't a big deal out in the real farm world. A non issue. What used to be a 160 acre farm is now a 1600 acre farm, run by the kids of the same family. Just a natural progression of business, and not so e horrible corporate takeover.
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