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Started By
Message
re: Paging Delta Land
Posted on 3/6/24 at 7:59 pm to deltaland
Posted on 3/6/24 at 7:59 pm to deltaland
quote:
it’s stressful as hell having a crop that you can’t really see until you harvest it.
I can understand that. Brookie’s last job was building our bass lake and I was always worried about the bass because I couldn’t see them or even visually see their presence. Turns out I was right, and the company we got the fish from had to restock the lake because they were all dead. (I say “all” because we didn’t shock up a single bass in 40 minutes of shocking)
At least y’all can see them when the feed truck comes by.
quote:
I think they just didn’t make money and the managers got the blame,
That makes sense. There always has to be a fall guy.
quote:
But AC is a corporate company owned by an investment group
Really? Are there a lot of investment groups that actually raise fish? I could see leasing the ponds out, but not actually raising the fish. That seems like a sure as frick way to lose money, and that goes for an investment group that actually farms the land instead of just leasing it out.
2
Posted on 3/7/24 at 8:36 am to Outdoorreb
quote:
and that goes for an investment group that actually farms the land instead of just leasing it out.
Either way i still don't understand how these investment banks have a return buying $8,000.00/acre dirt and $7.bu corn/$1# cotton, etc.
Posted on 3/7/24 at 4:36 pm to Outdoorreb
quote:
Brookie’s last job was building our bass lake
Duett from Belzoni?
quote:
Really? Are there a lot of investment groups that actually raise fish?
Not anymore. And this particular group is just Paul Bryant jr (Bear Bryant’s son) and his wealthy buddies. They own AC, a couple casinos and dog tracks, Bryant bank, and other stuff.
Used to be a ton of big corporations and investment groups when it was a bigger industry but they lost their arse. Hormel owned Farm Fresh catfish that had 14,000 acres and 2 plants but all closed in 2003. Conagra had a plant in Isola (it’s still running but is privately owned now by several farmers under the Country Select and Delta Pride brands).
Goldkist had big operations and shut down.
Several New York and foreign investors used to have farms around here where they bought the ponds and hired managers. They didn’t make it, you have to be on top of things yourself if it’s your money. There were a few investment farms that lasted a long time because they hired good managers but they shut down either because the owners retired and divested from it or the ponds got old and didn’t produce and they refused to invest money to rebuild them. If you don’t rebuild your ponds every 10 or so years production starts to fall due to poor water quality and silting in
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