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Stamp Farms bankrupt
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northmofarm
Posted 12/5/2012 00:51 (#2733635 - in reply to #2733257)
Subject: Re: Stamp Farms bankrupt


There are many stamp farms all over the place but it will take sub 4 dollar corn to find most of them. I've got no idea how you can lose money on 7 dollar corn. Heck there's guys around here just making a living off crop insurance. You can't lose money unless you really try hard or borrow 50 million dollars. Farming on borrowed money and renting ground has never and never will work. Sooner or later the bank says no.
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