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Growing Perennial Peanut?
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<blockquote data-quote="Jogeephus" data-source="post: 941392" data-attributes="member: 4362"><p>From what I have seen the peanut has done much better overall. The people I know that did the alfalfa ended up turning it under after a year. The latest thing they told us to plant was giant miscanthus. With this we were guaranteed $10,000/acre but to plant it we had to pay them $25,000 and they would plant us a quarter acre of sprigs so we could then use this to plant up to 50 acres but no more or they would throw us in prison. For $50,000 we could plant up to 200 acres. It was a guaranteed deal too. You didn't have to do anything but bale it once a year and they guaranteed us they would buy it at the ethanol mill and the government was pushing it vouching for it. For some reason I was skeptical of this and didn't bite the hook. Maybe it was my aversion to making too much money and having to pay taxes on this incredible income but for whatever reason I didn't jump on the bandwagon and go green. Glad I didn't too because this mill recently went bankrupt because the whole system didn't work and it sunk taking with it $65 million worth of taxpayers money not to mention the money belonging to the people that believed in what a land grant university had promised them. Ironically, much of the parts of this plant came from a prior plant that Jimmy Carter threw money at that also went belly up some years ago.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 941392, member: 4362"] From what I have seen the peanut has done much better overall. The people I know that did the alfalfa ended up turning it under after a year. The latest thing they told us to plant was giant miscanthus. With this we were guaranteed $10,000/acre but to plant it we had to pay them $25,000 and they would plant us a quarter acre of sprigs so we could then use this to plant up to 50 acres but no more or they would throw us in prison. For $50,000 we could plant up to 200 acres. It was a guaranteed deal too. You didn't have to do anything but bale it once a year and they guaranteed us they would buy it at the ethanol mill and the government was pushing it vouching for it. For some reason I was skeptical of this and didn't bite the hook. Maybe it was my aversion to making too much money and having to pay taxes on this incredible income but for whatever reason I didn't jump on the bandwagon and go green. Glad I didn't too because this mill recently went bankrupt because the whole system didn't work and it sunk taking with it $65 million worth of taxpayers money not to mention the money belonging to the people that believed in what a land grant university had promised them. Ironically, much of the parts of this plant came from a prior plant that Jimmy Carter threw money at that also went belly up some years ago. [/QUOTE]
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