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Informed Discussion of Beekeeping Issues and Bee Biology

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Date:
Thu, 6 Dec 2012 11:30:17 -0600
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Informed Discussion of Beekeeping Issues and Bee Biology <[log in to unmask]>
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<6614C47CCA18412EAF80681970BEBFF0@bobPC>
Subject:
Re: Climate change
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From:
Bob Harrison <[log in to unmask]>
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 A massive farm operation in Decatur , Michigan went into bankruptcy this
> week. Stamp Farms.
> 40,000 acres. 4 million owed to Monsanto ( among 200 creditors)

I goggled Stamp Farms Decatur Michigan bankruptcy
and the report said the farm had only 20,000 acres.
Because AG day said 40,000 I expect the other half is farmed leased land.
Monsanto is listed as the top holder of *unsecured debt* ( my banker does
not like to lend on unsecured debt).
Two other Stamp Farm enterprises also went into bankruptcy.


Sad situation but I expect will continue unless the drought ends.

bob

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