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(NYPost)   Apparently Bill Gates thinks Green Acres is the place to be, he has become the largest owner of farmland in America   (nypost.com) divider line
    More: Interesting, Bill Gates, Bill & Melinda Gates Foundation, behalf of Cascade Investment LLC, Melinda Gates, new interstate linking Phoenix, acres of prime Washington state farmland, Land Report, Investment guru Michael Larson  
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739 clicks; posted to Business » on 28 Feb 2021 at 9:45 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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View Voting Results: Smartest and Funniest
 
2021-02-28 7:41:34 AM  
"By plowing this field, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"
 
2021-02-28 9:49:20 AM  
When there's blood on the streets, buy land.
 
2021-02-28 9:54:36 AM  
This is the guy who complains about "finite greed." He's trying to corner the market on food.

Bastard.
 
2021-02-28 10:06:34 AM  

HighlanderRPI: "By plowing this field planting this seed, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"  In perpetuity, throughout the universe.


See the changes about. That's literally what you sign when you buy seed form Monsanto.   Srsly.
 
2021-02-28 10:08:18 AM  

Fissile: HighlanderRPI: "By plowing this field planting this seed, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"  In perpetuity, throughout the universe.

See the changes about. That's literally what you sign when you buy seed form Monsanto.   Srsly.


This indeed.
 
2021-02-28 10:08:25 AM  
Here's a picture of what Bill Gate's farmland looks like:

Fark user imageView Full Size
 
2021-02-28 10:12:05 AM  
If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal
 
2021-02-28 10:18:16 AM  

Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal


"You can print money, manufacture diamonds, and people are a dime a dozen, but they'll always need land. It's the one thing they're not making any more of."

-- Lex Luthor's Dad to Lex Luthor
 
2021-02-28 10:24:41 AM  

HighlanderRPI: "By plowing this field, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"


Thread over.
 
2021-02-28 10:28:53 AM  

Metaluna Mutant: Fissile: HighlanderRPI: "By plowing this field planting this seed, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"  In perpetuity, throughout the universe.

See the changes about. That's literally what you sign when you buy seed form Monsanto.   Srsly.

This indeed.


That is the whole purpose of a patent, that you have to pay to use it.
 
2021-02-28 10:44:24 AM  

HighlanderRPI: "By plowing this field, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"


You joke, but that's literally already happening with GMOs.
 
2021-02-28 11:23:51 AM  

revrendjim: Metaluna Mutant: Fissile: HighlanderRPI: "By plowing this field planting this seed, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"  In perpetuity, throughout the universe.

See the changes about. That's literally what you sign when you buy seed form Monsanto.   Srsly.

This indeed.

That is the whole purpose of a patent, that you have to pay to use it.


And when your neighbor uses it and wind exists.
 
2021-02-28 11:32:42 AM  
Fark user imageView Full Size


One acre in New Mexico? What, did he accidentally buy a house while passing through?

/And with global warming a lot of that farmland could become far less productive. Buying land in north Canada and waiting for global warming to make them liveable and productive is the long term ideal.
 
2021-02-28 11:35:49 AM  

HighlanderRPI: "By plowing this field, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"


Compared to the Apple iFarm land, where you have to buy all your seed and tractors from the Apple Store, and they get a cut of all your sales. And you can't fill up your tractor at any old gas station because it uses a proprietary nozzle.
 
2021-02-28 11:45:22 AM  

Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal


To paraphrase Moist von Lipwig, what is the value of gold? If if you plant a potato, next year you get more potatoes. If you plant gold, all you get back is the same gold, provided you can find it.

I presume he's doing contract farming, wherein he puts up the costs to farm with competent local farmers. A century ago that was a thing that ramped up to the dust bowl, but I hope this time around they focus on longevity rather than short term profits.
 
2021-02-28 11:57:03 AM  
YOU CANT MAKE ME EAT THIS FOD BIL GATS PUTS MICROSHIPS IN THE FOOD SUPPLY SO THE GOVERMENT CAN TRACK US WITH CHEMTRAILS COVID19 IS MADE UP TRUMP IS THE REAL PRESIDNET!!!!11!!!
 
2021-02-28 11:59:31 AM  

HighlanderRPI: "By plowing this field, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"


So you've read Monsanto's ToS?

Because, right now, it's Monsanto, not Bill Gates, holding farmers hostage.
 
2021-02-28 11:59:43 AM  
Largest individual, maybe.  Pretty sure the LDS-held trusts (AgReserves, etc) have have well over a million acres of US farmland.
 
2021-02-28 12:03:09 PM  

Russell_Secord: This is the guy who complains about "finite greed." He's trying to corner the market on food.

Bastard.


No, he's not. He's trying to unblock an already-cornered market.

Just a few companies all but completely own the U.S. corn & soy markets. They dictate, farmers comply - farmers have little choice and less leverage.
 
2021-02-28 12:25:18 PM  
"Gov't subsidies? Sign me up"
 
2021-02-28 12:31:15 PM  

Russell_Secord: He's trying to corner the market on food.


For a bit of perspective here, 250,000 acres is a drop in the bucket for farmland.  Yes, it is large for any one person to buy, but this would be like about a 0.2% of the size of Montana.

Long ways to go to corner this market.
 
2021-02-28 12:35:02 PM  

HeadLever: Russell_Secord: He's trying to corner the market on food.

For a bit of perspective here, 250,000 acres is a drop in the bucket for farmland.  Yes, it is large for any one person to buy, but this would be like about a 0.2% of the size of Montana.

Long ways to go to corner this market.


There is a farm in Australia that covers six million acres. And one in China that is 22 million acres.
 
2021-02-28 1:15:27 PM  

HeadLever: Russell_Secord: He's trying to corner the market on food.

For a bit of perspective here, 250,000 acres is a drop in the bucket for farmland.  Yes, it is large for any one person to buy, but this would be like about a 0.2% of the size of Montana.

Long ways to go to corner this market.


Yep. About 896.6 million acres of farmland in the U.S., as of last year. He's not trying to "corner the market" on anything - he's manufacturing consumer power.
 
2021-02-28 2:22:35 PM  

Carter Pewterschmidt: [Fark user image 850x566]

One acre in New Mexico? What, did he accidentally buy a house while passing through?


He and Paul Allen started Microsoft in Albuquerque, so perhaps it's the house/apartment/whatever he retains for nostalgia.
 
2021-02-28 2:51:30 PM  

TheSubjunctive: Largest individual, maybe.  Pretty sure the LDS-held trusts (AgReserves, etc) have have well over a million acres of US farmland.


Yeah, I was thinking archer daniels midland et al.
 
2021-02-28 3:09:09 PM  

Carter Pewterschmidt: [Fark user image image 850x566]

One acre in New Mexico? What, did he accidentally buy a house while passing through?

/And with global warming a lot of that farmland could become far less productive. Buying land in north Canada and waiting for global warming to make them liveable and productive is the long term ideal.


Fark user imageView Full Size
 
2021-02-28 3:35:54 PM  

Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal


Even when it is underwater? Gates no doubt bought assuming sea level rise, but part of the reason he bought it as an investment is the inevitability of the coming troubles from climate change causing sea level rise and mass migration for tropical to less harsh climes. The tropics are going to become unbearable.
 
2021-02-28 4:14:29 PM  

dsmith42: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

Even when it is underwater? Gates no doubt bought assuming sea level rise, but part of the reason he bought it as an investment is the inevitability of the coming troubles from climate change causing sea level rise and mass migration for tropical to less harsh climes. The tropics are going to become unbearable.


What timetable do you think climate change will destroy land value in?

Because gates isn't a spring chicken. What things are worth in ten years probably means more than forty to him.
 
2021-02-28 4:39:48 PM  

Fissile: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

"You can print money, manufacture diamonds, and people are a dime a dozen, but they'll always need land. It's the one thing they're not making any more of."

-- Lex Luthor's Dad to Lex Luthor


Your financial advisor is a fictional character?
 
jvl [BareFark]
2021-02-28 5:07:45 PM  

Smackledorfer: revrendjim: That is the whole purpose of a patent, that you have to pay to use it.

And when your neighbor uses it and wind exists.


That has literally never happened. The one case you may be thinking of involved a farmer intentionally trying to obtain GMO seed without paying.
 
2021-02-28 5:11:51 PM  

jvl: Smackledorfer: revrendjim: That is the whole purpose of a patent, that you have to pay to use it.

And when your neighbor uses it and wind exists.

That has literally never happened. The one case you may be thinking of involved a farmer intentionally trying to obtain GMO seed without paying.


I'll have to pay more attention then. I thought I'd heard npr pieces on it saying that was real, but I could be mistaken.
 
2021-02-28 5:28:08 PM  

Smackledorfer: dsmith42: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

Even when it is underwater? Gates no doubt bought assuming sea level rise, but part of the reason he bought it as an investment is the inevitability of the coming troubles from climate change causing sea level rise and mass migration for tropical to less harsh climes. The tropics are going to become unbearable.

What timetable do you think climate change will destroy land value in?

Because gates isn't a spring chicken. What things are worth in ten years probably means more than forty to him.


He is rich enough that he doesn't care. He is investing for larger motives.
 
2021-02-28 5:32:53 PM  

dsmith42: Smackledorfer: dsmith42: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

Even when it is underwater? Gates no doubt bought assuming sea level rise, but part of the reason he bought it as an investment is the inevitability of the coming troubles from climate change causing sea level rise and mass migration for tropical to less harsh climes. The tropics are going to become unbearable.

What timetable do you think climate change will destroy land value in?

Because gates isn't a spring chicken. What things are worth in ten years probably means more than forty to him.

He is rich enough that he doesn't care. He is investing for larger motives.


Which are?
 
2021-02-28 6:14:49 PM  

Smackledorfer: dsmith42: Smackledorfer: dsmith42: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

Even when it is underwater? Gates no doubt bought assuming sea level rise, but part of the reason he bought it as an investment is the inevitability of the coming troubles from climate change causing sea level rise and mass migration for tropical to less harsh climes. The tropics are going to become unbearable.

What timetable do you think climate change will destroy land value in?

Because gates isn't a spring chicken. What things are worth in ten years probably means more than forty to him.

He is rich enough that he doesn't care. He is investing for larger motives.

Which are?


Modernizing farming to reduce its contribution to climate change.
 
2021-02-28 8:33:52 PM  

wildcardjack: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

To paraphrase Moist von Lipwig, what is the value of gold? If if you plant a potato, next year you get more potatoes. If you plant gold, all you get back is the same gold, provided you can find it.

I presume he's doing contract farming, wherein he puts up the costs to farm with competent local farmers. A century ago that was a thing that ramped up to the dust bowl, but I hope this time around they focus on longevity rather than short term profits.


I assume he's doing it to preserve land for green energy development or sustainable farming. The guy is giving away his fortune at a high rate and I doubt he is doing this as some kind of money making plan.
 
2021-02-28 9:37:54 PM  

FormlessOne: HighlanderRPI: "By plowing this field, you consent to be bound by all terms contained in the User Agreement and pay annual Crop Fees to license the crops planted. Should your Crop Subscription lapse, you must immediately uninstall all crops from the field and cease use of said crops for consumption by yourself or any other land sea or sky based creatures"

So you've read Monsanto's ToS?

Because, right now, it's Monsanto, not Bill Gates, holding farmers hostage.


Did your neighbors crop cross pollinate one of your plants with ours?  We are going to have to burn it all to the ground.
 
2021-02-28 9:52:35 PM  

dsmith42: Smackledorfer: dsmith42: Smackledorfer: dsmith42: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

Even when it is underwater? Gates no doubt bought assuming sea level rise, but part of the reason he bought it as an investment is the inevitability of the coming troubles from climate change causing sea level rise and mass migration for tropical to less harsh climes. The tropics are going to become unbearable.

What timetable do you think climate change will destroy land value in?

Because gates isn't a spring chicken. What things are worth in ten years probably means more than forty to him.

He is rich enough that he doesn't care. He is investing for larger motives.

Which are?

Modernizing farming to reduce its contribution to climate change.


Gotcha. I misinterpreted your op.
 
2021-03-01 12:50:57 AM  

BretMavrik: Carter Pewterschmidt: [Fark user image 850x566]

One acre in New Mexico? What, did he accidentally buy a house while passing through?

He and Paul Allen started Microsoft in Albuquerque, so perhaps it's the house/apartment/whatever he retains for nostalgia.


Or this

i.insider.comView Full Size
 
2021-03-01 5:09:56 AM  

dsmith42: Schlubbe: If there's a more solid, tangible asset for investment than land, I'm listening.

Land will always have value. Even gold is just a shiny metal

Even when it is underwater? Gates no doubt bought assuming sea level rise, but part of the reason he bought it as an investment is the inevitability of the coming troubles from climate change causing sea level rise and mass migration for tropical to less harsh climes. The tropics are going to become unbearable.


Why the huge investments in Louisiana then.
 
2021-03-01 7:12:05 AM  
Arkansas is the state with the second most acreage owned by Gates?
I wonder what type of acreage it is and where?
(The where would determine the what for the most part.)
 
2021-03-01 12:32:03 PM  

Carter Pewterschmidt: /And with global warming a lot of that farmland could become far less productive. Buying land in north Canada and waiting for global warming to make them liveable and productive is the long term ideal.


Unfortunately, if the Gulf Stream stops, it will be really cold in the NE, which is probably why he hasn't bought farmland there.
 
jvl [BareFark]
2021-03-01 8:28:48 PM  

Smackledorfer: jvl: The one case you may be thinking of involved a farmer intentionally trying to obtain GMO seed without paying.

I'll have to pay more attention then. I thought I'd heard npr pieces on it saying that was real, but I could be mistaken.


Here's the Wikipedia article on the case:
https://en.wikipedia.org/wiki/Bowman_v​._Monsanto_Co.

Note that this was a unanimous ruling, so it wasn't a close one.  Dude bought grain from a grain elevator (which only sells feed grain) that he knew had GMO grain in it. He then tested to see if any was GMO, and intentionally replanted it.

Normally seed is not purchased from the output of the previous season. Farmers buy carefully raised seed to ensure they don't waste time planting bad seed.

In fairness to the farmer, he told Monsanto about it. So you can view this as a reasonably honest test of the legal system.
 
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