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Latimer Iowa | Thanks! I just saw this post after chatting with Boone earlier today. As with any reporting they get it 80% right...
The best part about the mill project is our farmers that are involved. We need each one of them. Closing out the last of the financing and stock sales today so been a bit busy with lawyers, bankers, SEC regulations, and paperwork/documentation. Farmers have invested from $25,000 to over 1M each, in building the facility. The 21.5 M farmers and community members invested is a testament to the need for system change, both for our economics and our environment. We are all tired of seeing value and dollars leave our communities to big companies and shareholders a long ways away. This is how we can turn around the rural decline.
Dollars and cents per acre on our farms is a big piece of it. Dollars and cents retained in communities through jobs, taxes, construction and local mill ownership is another. Then the intrinsic value of improved environmental practices as well. We can sequester carbon on our farms just using plants, we can reduce chemical usage, we can improve water quality, we can reduce erosion. This is the legacy that likely is more valuable then the dollars and cents per acre, even though we have been more profitable, on our operation, with rotations and cover crops.
Let market demand dictate what we grow and how we grow it. Screw all the government subsidies, tariffs, programs and grow some food. :-) | |
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