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Seems unlikely. Not that it could not happen... there are various hedge funds that do this already, with mixed success. They generally lease back to a farmer.
by chris_va 5y ago
Seems unlikely.
Not that it could not happen... there are various hedge funds that do this already, with mixed success. They generally lease back to a farmer.
John Deere doesn't have any data that the farmer wouldn't have, and they certainly don't have better access to large sums of capital than hedge funds. I can seem them participating in a capital lease agreement for someone doing this sort of operation, but operating a farm is a very different proposition.
- Animats 5y agoJohn Deere doesn't have any data that the farmer wouldn't have. Sure they do. They have the data from all the farms that use their service. The farmer only has data from their own farm. Deere can tell who's doing better.
- bobthepanda 5y agoHaving data is not really sufficient to doing as well or better in a business though. As an example, Zillow had all that house price data, and then blew half a billion dollars because it thought it could use that data to start buying and selling houses itself.