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by opinion-is-bad
1703 days ago
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Well I am an owner of the farm, along with my brother, which my great-grandfather purchased as a retirement project in 1950. Total area is about 7,000 acres, of which tomatoes will soon be replaced by almonds as the primary crop. We used to be the largest asparagus operation on the US, but NAFTA has ended that industry and it was a difficult 20-year transition to find almonds. There was a long-standing belief that our soil wouldn’t handle almonds due to excessive water, but that is proving to be very wrong. Day-to-day operations are handled by a general manager that is brilliant. My brother is also out there daily working on his distillery and helping to run things. I work mostly on IT and then also handle special projects, especially financial ones. Life is pretty good to have a large piece of land in CA. Tree nuts have been absurdly lucrative for the past two decades and it has pushed the land values up a lot. It’s put me in the interesting situation of being able to focus most of my energy into equity investing to try and balance my portfolio against the farm holdings. I do, however, attach a strong emotional connection to the land such that when asked what group I most strongly identify with, it is always “Central California Farmers.” |
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