Rupert Murdoch takes on ranching

Jan 04, 2022

Media mogul Rupert Murdoch buys cattle ranch in Montana in the largest such deal in the state’s history.

From media mogul to farmer, billionaire continues his climb upwards.
In the largest ranch deal in Montana history. Rupert Murdoch, 90, and his wife, Jerry, purchased a 340,000 acre ranch in southwest Montana, near Yellowstone National Park.

The deal—which happened this past December—is for the property known as Beaverhead Ranch, and was purchased from Matador Cattle Co., a subsidiary of Koch Industries for about US$200-million (~CDN$255-million).

Koch Industries was founded by Fred Koch, who founded the crude-oil-gathering business that grew into Koch Industries. He purchased the ranch about seven decades previous.

Murdoch—owner of HarperCollins, the Wall Street Journal, and hundreds of other well-known media enterprises—said he had been looking for a ranch property for over a year.

He added that he was “privileged to assume ownership of this beautiful land” and that along with anticipating spending time at the ranch, will enhance the commercial cattle business and its conservation assets.

Video: Soaring Wheat Futures a Repeat of 2022?

Soaring wheat futures were the star of the week as the crisis in the Black Se region has worsened.
This is the second time Trump is trying to lower high U.S. beef prices with subsidized government priced meat but it's just more noise.
More U.S. SREs will lower biodiesel demand but this is just the oil lobby just having more funds than the farm lobby it’s trying to destroy a good thing. The old USDA maybe become a NEW USDA by September with Kip Tom in charge of the old guard and level the playing field for farmers.
NVDA reported their 2027 revenue forecast at 70% growth vs. Wall Street estimates at 44%.
The weather forecast for the 2026 growing season looks good but next weeks 90-to-100-degree temps for some parts of thew U.S. Midwest is not ideal as it prevents the slow cooker to add kernel and pod weight.
The U.S./Canada trade war has become personal- why are we talking about a bi-lateral trade deal? What happened to CUSMA?
The grain and oilseed markets are on fire enjoy the ride funds in real time are now record long!