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<blockquote data-quote="cows sh#t me to tears" data-source="post: 7772386" data-attributes="member: 44958"><p>It's not just that. It's the over capitalization in their farm that they may or may not get back if they decide to sell one day (I dont think they have any sons in their little tribe....)</p><p>Personally I'd rather spend a million$ on more land. Easy to liquidate if you have to and your not constrained to dairying for eternity.</p><p>One of the best farms in the district has struggled to sell for the last 4 years. Owned by a Dutch family that moved here to escape the growth constraints of the Netherlands and EU regulations. Over 1000ac , 80 unit rotary. Best soils in the area. All water allocations were offered on a wiwo basis and they couldn't get a bite. Meanwhile crappier dairies were sold to corporate buyers...I just dont understand it...</p><p></p><p>All other dairies that have shut up shop locally have either converted to cropping or, been bought by neighbors to convert to cropping.</p></blockquote><p></p>
[QUOTE="cows sh#t me to tears, post: 7772386, member: 44958"] It's not just that. It's the over capitalization in their farm that they may or may not get back if they decide to sell one day (I dont think they have any sons in their little tribe....) Personally I'd rather spend a million$ on more land. Easy to liquidate if you have to and your not constrained to dairying for eternity. One of the best farms in the district has struggled to sell for the last 4 years. Owned by a Dutch family that moved here to escape the growth constraints of the Netherlands and EU regulations. Over 1000ac , 80 unit rotary. Best soils in the area. All water allocations were offered on a wiwo basis and they couldn't get a bite. Meanwhile crappier dairies were sold to corporate buyers...I just dont understand it... All other dairies that have shut up shop locally have either converted to cropping or, been bought by neighbors to convert to cropping. [/QUOTE]
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