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Frequent Contributor

BTO Chapter 11

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31 Replies
Veteran Advisor

Re: BTO Chapter 11

Looking at the B farms -website  -  interesting to say the least --- 

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Frequent Contributor

Re: BTO Chapter 11

Who is going to harvest the 85K acres of crop. And where are they going to put it. In rail cars?

 

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Veteran Advisor

Re: BTO Chapter 11

How bad is this going to hurt the suppliers and vendors?

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Veteran Advisor

Re: BTO Chapter 11

I have a neighbor that owns 500+ acres that Boerson is farming. The land owner knew that Boerson was having financial problems at planting time. When another farmer neighbor offered the land owner $300 an acre for his irrigated ground the land owner said "no I want the $400 an acre Boerson will pay." Well, now the $300 an acre that the land owner would have gotten may turn to $0 an acre. What a mess! The local John Deere dealership is full of late model re-poed equipment from Boerson. According to the "Michigan Farmer" Boersen planted the crop knowing that he didn't have the capital to harvest the crop. Who does that? This guy clearly has mental issues.

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Senior Advisor

Re: BTO Chapter 11

Kind of hard to feel sorry for the creditors. They knew what kind of shape he was in but just kept handing him more rope. Now they will all scream like an abandoned new born kitten.

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Veteran Advisor

Re: BTO Chapter 11

you know whats amazing...........your talking about a outfit taking out chapter 11.....sounds like everyone was talking about

people being hurt.......this is from a single chapter 11

 

ah folks........how many bankruptcy has trump taken out ?

 

here we are saying how people are going to be hut...........I think trump was involved in around 30..........did you ever

consider how many people he hurt ?

 

oh I know........that's "different"

 

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Veteran Advisor

Re: BTO Chapter 11

Dude get a grip! Leave the politics in the forum!

Veteran Advisor

Re: BTO Chapter 11

It's not politics....tell me, what would you say
Of a person that took out bankruptcy 30 times,
Compaired to this fellow once ?

We are talking about similar aggregate size.

So when everyone is going down hill, due to
Low commodity prices and high inputs, you
Can tell everyone it's politics.

Hate to tell you politics is heavily involved in
Marketing and business in agriculture.
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Senior Advisor

Re: BTO Chapter 11

Says more about the creditors than it does him.

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