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Chapter 331 America's Largest Farm(2/3)

What is an agricultural capitalist?

Agricultural capitalists, like industrial capitalists, are industrial capitalists who engage in capitalist commodity production to exploit wage workers.

The difference is that in industry.

Since products are sold at production prices, industrial capitalists generally only earn average profits.

Industrial capitalists can obtain excess profits only when the individual production price of their products is lower than the social production price.

In agriculture, due to the monopoly of land management, the social production price of agricultural products is determined by the production conditions of inferior land.

At the same time, the monopoly of private land rights also requires agricultural products to be sold at a value higher than the production price.

Therefore, the profits directly obtained by agricultural capitalists after selling their products are higher than the average profits.

The four internationally famous ABCD groups are the largest agricultural capital on the planet.

The C in ABC is the American Cargill Group.

It is one of the top ten private companies in the United States, and its status in the United States is not much worse than that of the Koch brothers.

Among the huge domestic forces in the United States, including military force, finance, energy, media, people's livelihood, and industry.

The people's livelihood part consists of those retail groups and these agricultural capitalists.

Cargill is one of the best. In other words, Cargill is one of the controllers behind the American people's livelihood.

Abel wanted to intervene in people's livelihood, so he opened the Pacific Supermarket Company.

But this is not enough, he also needs to have his own agricultural group.

Only in this way can a large amount of agricultural commodities, such as grain, be produced.

From ancient times, the ultimate means of production on this planet has always been land.

This is why whether it is Buffett, Bill Gates, or Zuckerberg later.

In the end, they all chose to become big landowners.

Only land, land that can produce large amounts of output, is combined with sales channels.

When both parties are combined, it can be considered a complete people's livelihood giant.

Just like Cargill, it is both an agricultural group and a retail giant.

It was a time when finance was on the right track, the media was beginning to take shape, energy was beginning to develop, and high-tech industry had yet to see its shadow.

Abel planned to start the people's livelihood.

This plan will be divided into two steps, one is the supermarket.

Construction has begun on the Pacific Supermarket.

Naturally, agriculture cannot be spared either.

The Smith Intelligence Group found some very large farms that Abel could obtain in China and in many places around the world.

This Wagner Farm is one of them.

What Abel was holding in his hand at this time was the detailed information of Wagner Farm.

It contains data on various resource points of Wagner Farm, at its peak, and now.

[Area: Spanning six counties in Texas, covering an area of ​​207,000 hectares (equivalent to 2,070 square kilometers), or 520,000 acres]

In terms of area, the Wagner Farm is the largest fenced farm in the entire United States.

The so-called fenced farm means that there will be a fence surrounding it on its boundary.

This also means that its land property rights are clear, it is not afraid of suffering losses, and it is difficult to take advantage of others.

[Water rights: free use of water resources throughout the farm]

The United States has special water rights laws.

If there is only land ownership but no water rights, the people who own the land cannot use the water resources in the land.

Generally speaking, most farms will have corresponding water rights.

But most of them cannot get all the water rights.

There is a complete set of legal systems here, including four major types: riparian rights, priority rights of occupation, mixed water rights, and public water rights.

Except for public water rights which are not tradable, the other three types of water rights can be transferred and traded.

And this farm owns all the water rights within the territory.

This is rare on large farms.

For example, in the Sunnis Mountains of Abel, about 30% of the water rights there are public water rights.

He can use it, but so can others.

For example, if the local government inserts a pipe and uses the public water rights inside, Abel will not be able to refuse.

The Wagner Farm owns all the water rights, which means that all the water in the entire farm's 520,000 acres of land belongs to him.

There are no public water rights.

[Cattle herd: At its peak, it was 16,000 cattle, but now it is less than 7,000 cattle.]

There are relatively few pastures for raising sheep in the United States, because sheep will eat up all the roots when they eat grass, which has a very bad impact on the pastures.

Except for a few ranches, sheep in the United States are mainly raised in confinement.

Abel's farm also raises sheep, but they actually raise them in pens.

The sheep mainly eat feed, and the agricultural output of Smith Farm is mainly corn and sorghum.

These two crops are generally not sold outside, but are used as feed for the cattle and sheep on the farm.

That's why Smith Farm is able to raise so many cattle and sheep despite its small area.

That's why Smith Farm needs so many agricultural workers.

[Farmland: The existing cultivated area is 30,000 acres, mainly growing wheat, and the farm’s land area suitable for farming is 150,000 acres.]

Of the 520,000 acres of land, 150,000 acres are very good irrigated land.

They can be used for large-scale industrial production of food.

As the son of a farmer, Abel knew what it was like to be industrialized in food production in the United States.

One acre of corn can yield about 150 bushels.

A bushel of corn is approximately 25.401 kilograms.

In other words, if you plant one acre of corn, you can harvest approximately 3,800 kilograms of corn.

With 150,000 acres, it can produce more than 570,000 tons of corn every year.

570,000 tons of corn.

Whether it is made into feed, corn syrup, or used as human food, it is a very large sum.

[Horses: Horses have always been an important source of income for Wagner Farm, and their contribution to the American Quarter Horse industry has long been recognized.]

Whether they are pasture horses or arena horses, Wagner Farm breeds them very well. Their performance is outstanding in various equestrian competitions.

Of the 520,000 acres of land, after deducting 150,000 acres for agricultural production, there will still be a large amount of mountainous land unsuitable for agricultural production.

These areas can be used to raise cattle or grow pasture for rotational grazing of sheep.

Of course, you can also raise horses. Horses are still very popular in the southern and central regions of the United States and are an important means of transportation.

[Oil resources: Due to previous disputes over business concepts, old-fashioned mining techniques are still used. The drilling depth is only about 610 meters. After geological assessment, Wagner Farm is considered to have extremely rich untapped oil resources. And buyers will

Will obtain 42% of the mining rights.】

This part is a bit dispensable.

The reason is because the oil here has been mined for decades.

The surface oil that is easy to dig has basically been dug out.

There are 1,200 oil wells still in operation, and the cost of producing a barrel of oil is very high.

Sometimes most of them are shut down, and they will only work when oil prices are high.

This is the case even 610 meters underground.

Deeper underground, no matter how much oil there is, the cost of production will scare everyone away.

What's more, it's not all, but only 42% of the property rights.

Abel thought this part was the most useless.

[Hunting: The current farm operators in this area are also in an undeveloped state. 】

There are rivers and streams in the pasture, which are very suitable for wildlife to live and breed.

Wildlife on the farm now includes deer, turkey, quail, doves, waterfowl and wild boar, making it ideal for recreational hunting.

A conservative estimate is that if developed and utilized, there will be an annual income of more than 20 million US dollars.
To be continued...
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