Thursday, March 26, 2009

A Million Acre Farm

not a very optimistic view of the business (i have greater opinion of Kevin's business sense) but she makes a very good connection between Larry Rudd and carbon credits. worth reading the comments too


A Million Acre Farm

On reserve land.

Run out of Toronto.

This is one big farming operation. A 1million acre operation that could rival the largest corporate farms in the world, and it's going to happen right here in Saskatchewan.

A news conference will be held in Saskatoon Thursday, and according to the Globe and Mail we'll get information on 17 first nation bands leasing their land at market value to a new entity called One Earth Farms Corporation.

It will focus on sustainable, environmentally responsible land use, hire and train aboriginal workers, and provide first nations an equity stake in the company.

It will be funded with over $27 million from Toronto-based Sprott Resources Corp.

The farm, spread out in pods of about 20 thousand acres will encompass both cattle ranching and grain and oilseed cultivation.

What could possibly go wrong?

(I should note that CEO Kevin Banbrough has one of his economic fundamentals in place - off farm income.)

Or... perhaps they plan to farm carbon credits?

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.