Asparagus
What do Cactus and Asparagus have in common? Why, US Farms, of course. <a href="https://cactusjungle.com/archives/blog/exit.php?url_id=1704&entry_id=1507" title="http://www.resourceinvestor.com/pebble.asp?relid=38588" onmouseover="window.status=’http://www.resourceinvestor.com/pebble.asp?relid=38588′;return true;" onmouseout="window.status=”;return true;">The Resource Investor</a> recommends investing in a company called US Farms because they are diversified beyond food crops into cactus and aloe too.<br /><br /><div style="margin-left: 40px;"><span style="font-style: italic;">In the first quarter of each year, US Farms is one of the largest U.S. growers of asparagus….<br />
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At first glance, US Farms looks like a fairly normal farming operation. It is a diversified farming and nursery company. The nursery unit, which provides a full range of ornamental products like Aloe Vera, Cactus, Jade, Palm Trees and Cycads, is a relatively small unit of the company, providing only about 4% of sales. The biggest revenue generator currently results from is the growing and brokering of the food crops, asparagus, tomatoes, and garlic, and the growing and harvesting of Aloe Vera for use as an ingredient of patent medicines and cosmetics.</span><br /></div><br />I can’t say I know anything about this "investing" thing they’re talking about. All I know is that if you bought any securities, especially of the SIC variety, over the last 5 years then there’s a good chance you own a piece of the mortgage mess and have less liquidity and more risk than you ever imagined. Good luck with that.<br /><br />There is this other tidbit in the article too:<br /><br /><div style="margin-left: 40px;"><span style="font-style: italic;">One of the ideas under investigation is the potential of some of the cacti and succulents, including types of Aloe Vera, as a remediation crop for old mining properties. Aloe Vera will grow on some pretty sparse soil, with limited moisture required, so the plants might work in areas that dont freeze and have soil with little contained humus.<br /><br /></span></div>
