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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