Link plans to go back to Huazhou to talk to Neil and ask him to recommend a few stocks with good potential. Then he did long-term investing, just like Kempner Holland.

As for his cash needs in the future, he is not worried.

Several wells on Baker Farm make a lot of money every year.

At the moment, this contender of the United States is in big trouble. Benihans will probably also be able to pay a large dividend at the end of the year.

And the sale of wine, he can also earn billions of dollars.

All in all, his after-tax income can be more than $10 billion a year. That money, he needs to plan ahead. Whether it's going to be used for venture capital for Snapon, or for speculation for Neil and Flen. Or simply make some solid investments on your own.

He really should start thinking about how to keep that of his own money from sitting idle.

The U.S. economy is becoming more and more uncertain, or rather certain. That's the recession. There are both internal and external causes of this decline. Under the domestic and foreign difficulties, the United States is another big ship, and it is very difficult to turn around.

Europe, the other center of the world economy, is also struggling to return. In an effort to speak with one voice, a euro was made. As a result, there has never been a real convergence of financial policies across countries. Especially after Britain left the European Union, Germany, the locomotive, also seemed to be very weak.

What he can see in the current world is that there are two places for investment, one is Asia and the other is South America. He doesn't have to think about Africa, it's too chaotic! Without the protection of the state, he may only be able to buy two farms in some countries to make a small fuss.

After thinking about it, he still thinks that the focus of future investment should be on Asia and South America. The trend towards integration in Asia is already evident. South America is also in urgent need of a new round of rapid growth. In his view, Asia intends to use South America as a resource supplier. South America, on the other hand, hopes to benefit from this round of world economic reshuffle.

Fllen's investment direction is clearly American-centric, while Neil is an infinitive. Perhaps he could look beyond the United States.

Of course, this is only a preliminary idea, he still needs to think about it, and he is not in a hurry to decide now.

The next morning, he was still having breakfast. Benjamin came in.

"Together?"

"No, I've eaten!" said Benjamin, still standing.

Link sat him down and said, "What's wrong with me?"

Benjamin nodded and said, "Yes." I think you've seen it too, the farm thought it had enough water, and now the pasture produces far more forage than the cattle need. But because of Lake Mead, we can't raise more cattle. Although harvesting forage can also be sold for money, perhaps we can open up some of the pasture into arable land, grow vegetables and fruits, and even grow grain is more profitable than selling grass. And after the farmland is cleared, the water on our farm will not be wasted. ”

Link picked up a napkin and wiped his mouth, and said, "Then how much arable land are you going to cultivate?"

It is true that harvesting pasture in the pasture can make money, but if you want the pasture to harvest one or two more pastures, fertilization is also a cost.

Many ranches in the United States sell a portion of their pasture, but they don't grow grass specifically to sell it, but because the hay harvested in the winter is not enough for their livestock on their pastures. Farms that specialize in the sale of forage, fertilization and irrigation are a big cost.

Now Benjamin proposes to reclaim arable land. He thinks that planting melons, fruits and vegetables is not impossible. However, if it is an organic standard, the labor cost required is high, and it will take some time to obtain certification. If it is directly non-organic, then the organic food he applied for before may be withdrawn.

"I plan to reclaim about 3,000 acres of farmland. In addition, some apricot trees are planted to harvest almonds. ”

Link thought for a moment and said, "It's okay to open up the land." But you don't have to grow all of them with vegetables and fruits. After I made up the land, I planted some pasture. You know, I'm going to raise more cattle at Hanova Farm, and I'm going to make it a cattle breeding center. There's a lot of grass needed there, and Hanova can't supply it on its own. ”

Although his suggestion was half rejected by Link, Benjamin did not insist on his idea. He just thinks that the pasture of Hans's farm is the size of a thousand cattle, and the harvested grass is not very productive because of poor management.

He felt that the productivity of the farm was wasted.

He nodded and said, "Okay, I'll make a plan." ”

"For pasture, I recommend planting some alfalfa. and sow it like a crop. ”

"Okay. But I think I could grow some Messi corn or sweet elephant grass, which are more productive and eaten by the herd. ”

Link nodded and said, "Yes." You look at how much area you need to meet the needs of the cattle on your farm, and then you can reclaim as much arable land as you can. If you think you have a good plan, you can also set aside some land to plant. ”

Benjamin laughed at this and said, "Okay." But if we're kind of renovating farms, we need to hire more people. ”

"You contact Martha. See if any of the tenants of low-rent apartments are willing to work on the farm. ”

"Good!"

Speaking of this, Link took another slice of toast and said as he ate it, "I heard that Ekobe in the west was bought by Luke Truss?"

"That's right. It was indeed he who bought it. Benjamin said, with a smile on his face. On the day they completed the deal, John Eco made a special visit to the farm to tell him about it. But that Truss didn't know to go to Lake Mead to restrict pumping. ”

"Hasn't Lake Mead been restricted for a long time? he doesn't even know?" Link was a little surprised when he heard the news. "He should have thought about it. ”

He did think about it. Benjamin laughed. "But Ekobe is a special farm. Like Hanse Farm, it is a farm located in the National Tourist Area, although it is larger than Hanse Farm. But it's just a tourist farm. So it's very poorly developed. Obviously, he was going to go on a big development. ”

"So Lake Mead restricts him from pumping?"

Benjamin nodded and said, "It's worse than that." Now it's a complete ban. "Lake Mead has limited water to even Las Vegas because of water shortages, let alone a farm.

"Didn't he buy it for nothing?"

"No, I don't know how he did it, he bought some water rights from the cities upstream. In fact, he once thought to us, and wanted to buy some water. ”

"You didn't agree?" Link paused. Seeing Benjamin nodding, he said with a smile. "You should have agreed. ”

But we see that he is actually growing grapes. I remember that he also cultivated the Blue Lagoon grapes. ”

Link, of course, won't say it, because he knows that Luke Truss can't grow grapes at all. He laughed and said, "Even if we don't buy water, haven't they found the right to water?"

Benjamin said helplessly: "Maybe the person behind him has more energy." The climate and soil there are not much different from those of Hanse farms. Maybe you want to be aware that the wine he makes will affect your business. Of course, the price he paid for the water rights he bought was quite high. ”

Link laughs, "There's more to winemaking than just ingredients. "And the other party will definitely not be able to grow it. "Don't talk about him. Everything is fine with the wind farm. "Now that the other party has bought water, the grapes will definitely survive. The more expensive the water, the greater the final loss of the other party.

"Aside from the noise, the farm hasn't really changed much. ”

"If only you could get used to it. ”

"Not only are we used to it, but the herd is used to it. Benjamin said with a smile. "By the way, I have one more suggestion. ”

"You say. ”

"Some time ago, we recruited new staff at the end of last year because of staff turnover. One of them is from China. ”

Link paused, looked up and said, "What's wrong with him?"

"No, what I'm saying is that he came up with a new way of making feed for cattle. We tried it last winter. It was found that when the grass was sealed and fermented when it contained a lot of water, the cattle preferred to eat it. And one winter, the herd gained weight at a slightly higher rate than usual. ”

"Is it a new technology he invented?" Link's interest sounded. "Is it difficult?"

He said that this is how the pastoral areas in China make green fodder. Benjamin said with a smile. "It's made in a simple way. The recipe is not complicated, the key is to master the moisture content. ”

Link was a little disappointed. He thought it was a new technology, but it turned out that someone was already using it: "The method commonly used in China?"

"Yes, we mostly ferment with dry grass or corn piles. In China, the method is to mix grass or crop straw with more moisture, chop it, and then seal it for fermentation. The fermented feed contains a lot of water. The crude protein of the feed is more easily absorbed by the livestock, and the palatability of the livestock is also quite strong. Not only cows, but also pigs and geese can be eaten. ”

"Are you going to use this method of green storage for your entire farm?"

"I think it can be used on the whole farm, but it requires a certain amount of input. ”

"How much do you need?"

"If it's simpler, just dig some pools. However, Liu said that some of China's largest aquaculture companies will build some large cement tanks and use them for fermentation. Those companies mainly use corn that is not yet ripe, crush it along with the straw, and then put it in jars. It can be used for more than half of the time every year. ”

Link listened to what he said, and his heart was also moved. If it's really that good, maybe he can use that kind of green forage on a few other farms.

He asked, "That Chinese is called Liu?"

"That's right. Originally from northern China, Liu worked for a Chinese cattle breeding company. According to him, Chinese companies can use straw from various crops. Some people specialize in growing whole corn plants for fodder. Ryegrass, Mexican corn grass and alfalfa are also grown to make forage, and even vines from sweet potatoes can be used to make forage, but mainly to feed pigs. ”

Link doesn't know if the Chinese way is better or the American way.

If you use the Chinese way to prepare green storage fodder, you can probably only grow your own pasture and then use it yourself.

For large farms, the cost of infrastructure is relatively high, and the cost of transportation is relatively high in feeding. Because those feeds contain too much moisture.

In the United States, the moisture content of green storage feed is relatively small, and it can be directly packed and compacted to let the bales ferment inside. In terms of storage, the storage cost is low and the storage is convenient. It can be transported over long distances, and the transportation cost is relatively low when feeding.

But Benjamin says China's green fodder is more attractive to cattle. And it's easier to absorb.

He thought about it for a moment and said, "You can do more experiments at Hans Farm." Don't worry about the cost. ”

"The cost is not too much, and the number of cattle on Hans's farm is relatively small. It is only necessary to build some ponds, cover the top with plastic film during fermentation, and then use soil to compact the edges of the film to seal it. ”