While looking at fields on a country back road we spotted a silage pit. Immediately I was interested because of the look of the pit. It was made very low to the ground due to small equipment owned by the farmer. The other key characteristic was that the pit was covered in dirt and plastic and not tires. The dirt was quite loose on the top of the pit and was not packed itself. To feed his dairy animals, the farmer would pull up to the pit with his small wagon and tractor and pitch the silage into the wagon by hand. Yes I said by hand.
Here is a picture of the dairy that owned the silage pit.
The world of agribusiness mergers and acquisitions has been very busy in the last 24 months, especially in the seed and crop protection industry, with three large deals closing in a relatively short time period. In any deal, there are opportunities for third party companies to acquire assets that must be shed due to competition…Read more »