Hmong poultry farmers cry foul, sue

Hmong poultry farmers cry foul, sue

Posted in the Missouri Forum

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Neal

La Crescent, MN

#1 May 15, 2006
Does the old saying "the rich are richer and the poor are poorer" ring any bell to you. Most poor people want to be rich over night tend to go down the drain the next day. Rich people are always look for way to gain profit quick and easy and this is certainly one of the answer to the solution.

I think the Hmong deserve a good lesson when they are quick to jump into an unrealistic profit business. Busisness is meant to be for profit and loss so those who loss should enjoy their loss and learn from an expensive experiences.

People should understand that going into business you only have two options either make profit or loss from it.

Over all I think this is a fair and balance business.

Karl

Minneapolis, MN

#2 May 15, 2006
People learn best from personal experiences. Winners are those who, when they fall, refuse to stay laying on the floor. Those who do will surely be the losers. Look at any great achievers, we will see that they fell many times miserably but never gave up.
Sherman

Bethpage, NY

#3 May 16, 2006
I agree with the previous two statements but when you are taken advantage from the start there is no way you can make the profits that you speak of. I think this is a case where the Bank saw a "win win" situation and took advantage of it. Also if they claim that the Hmong moving down to the region drove up farm prices, and was a key factor in the selling price what makes the farm less valuable now? I just think that the Hmong people were taken advantage of by a system that knew the game and could cover it up.
Rocky

Merced, CA

#4 May 18, 2006
Between October and November 2005, the tear came down from Madonna Statue of Mary's eyes in Sacramento ,California. Madonna knows that the Hmong were taken advantage of,the innocences were in jail by the Judges and Jurors, the innocence poors were murderred by the cops, United States become the worse country of crimes and drugs in the world today.
Simom Her

Saint Paul, MN

#5 May 24, 2006
Whose bought the "Chiken Farm" and quiet their job at the
Twin Cities, that person may get the wrong way of their life,
Most hmong people never thank about 3 or 4 times before puchase
expensive things such as like chiken farm. they thought they will be wealthy any where when they owe a farm. but the reality it risk their
dreamed,
my opinion for you, sale your farm to somebody and get to work at the factory will be better for your future?
James Yang Tongpao

Minneapolis, MN

#6 May 26, 2006
America...yes, is a land of opportunity to the few, not to the many. In order for one to understand how policies and how the systems work in America....we have to go back to hundreds of years and take a look at "minorities" in American history, how they were being treated and how they survived. Hmong people in Arkansas or the three states...I believe have been victims of financial fraud by financial and realestate institutions. Anywhere, any places, whether or in the public or private sectors of America..minorities will face, prejudice, racism, and discrimination. To our Hmong people, we must take cautions and think twice before making a big decision such as the chicken farm purchase. You must do some research and look at the business in more details before considering making any moves. Teh best way to do is consulted with an attorney or business consultant before you make decision on such purchase. Please.....think twice...and consult before making any move. America is the land of the few, the rich, and the beautiful, not the land of all races and minorites......James..
xiong mmmmmmmmmmmmmmm

United States

#7 Jul 29, 2006
WTF? I guess you guys don't know too much about chicken farms yet. I've been down here in AR for 4 years now and all I can say is that its not that bad. It does bring in the $$, but only if your dedicated to it. Most people go down the drain, because they are often lazy, or think that its very easy and then don't do there work. My folks spend at least 8 hrs everyday taking care of the chickens and collecting eggs and repairs. They are very dedicated to there work, thus we still have our farm. Work is very rough, stinks really bad and pays really good. ME! I Don't do the work and I have school as an excuse to get out.
Chue Xiong

Benton, AR

#8 Nov 17, 2006
I am also a poultry farmer too and I feel that all of the farm we bought after 2003 had been price to high and we did not make any profit from the farm.

Me and my wife have to go to work full time to feed the family.

I strongly believe that the Government need to do something about these problems.
Agriculture

United States

#9 Nov 17, 2006
I agree... they need to do something about Agriculture period.... Look at the grain markets!!and the fuel prices!!
Don Lee

Prairie Grove, AR

#10 Feb 19, 2007
I beleive as Chue Xiong said, the main problem is the bank take this opportunity to collect money from the goverment(FSA). That why they inflated the price, projected expenses with no historical basis (40 to 60%) lower than the actual usage of the previous owner and increase the annual income to make the farm sound good to get the loan approve from the government. If any of us fail or won't make any living in the next day, we walk out, bank does not care because the loan we got is guarantee by the government(FSA).
john from baton rouge

Prairieville, LA

#11 Feb 21, 2007
Don Lee wrote:
I beleive as Chue Xiong said, the main problem is the bank take this opportunity to collect money from the goverment(FSA). That why they inflated the price, projected expenses with no historical basis (40 to 60%) lower than the actual usage of the previous owner and increase the annual income to make the farm sound good to get the loan approve from the government. If any of us fail or won't make any living in the next day, we walk out, bank does not care because the loan we got is guarantee by the government(FSA).
The government is us yes just shift your load to the taxpayer. If your greed allowed you to see the big picture before you signed. You are responsible for your own failure and now the government(us) will have to pay for your mistakes. thanks buddy
Kong Vang

Hudson, WI

#12 Mar 26, 2007
I knew this was too good to be true, as always the top dogs win out. I have in-laws that own farms and they were able to dole out the big bucks for the large farms, they're making money, but considering their expenses ($30K+ a month), if they fall even 1 month behind they are screwed!

Most of these folks do not speak the business language and many don't even speak the English Language. IMO taking advantage of someone who doesn't understand the written words on a contract is morally reprehensible. Much like the contracts that stole land from the Native Americans through "lawful transactions and contracts".
Unknown

Buffalo, MO

#13 Mar 26, 2007
Well all of you who can't speak./read/write the English well enough to understand how to run a poultry farm are welcome to move back to the country you came from.

Poultry growing is a tough business, hard work, not a get rich quick deal, did I mention it takes hard work. Most poultry growers need a second income at least at the begining. I doubt you all were treated any differently then others who have gone into the poultry growing business. It's not a lazy mans business. It's not a get rich quick deal. No farming operation is a get rich quick or lazy mans deal.
don Lee

Prairie Grove, AR

#14 Apr 2, 2007
john from baton rouge wrote:
<quoted text>The government is us yes just shift your load to the taxpayer. If your greed allowed you to see the big picture before you signed. You are responsible for your own failure and now the government(us) will have to pay for your mistakes. thanks buddy
I am not agree what you said, I am not a failure, the bank who prepared the paper works put a false numbers in the loan paper to make the loan sound good in order to sale the place. The previous owner made only $160,000 per year. The bank said in the loan packet that the farm made around $190,000. Expenses was $66,000 before and in loan paper was $32,000 per year. So you think it's my fault. See more detail in below web: http://www.immigrantfarming.org/index.php...
yang

Gentry, AR

#15 Oct 11, 2007
we need to stop buying chicken farms and start on a new path....
unknown

Lincoln, NE

#16 Oct 16, 2007
welp my family own chicken farms.my dad already got 2 more built(in progress). it people choices to move or buy chicken houses. no matter how expensive they are, as long as they have the courage to make profit on it. some people are happy with chicken houses so what ever choices they make don't cry about it. let them do what they want. it not like they cry about what you want...
Hmoob USA

Omaha, NE

#17 Nov 18, 2007
I'm beleive nothing cann't be solve if all the Hmong people come to gether, organize and enlist the “power of the group” to bring attention to our problems, learn from each other and raise the necessary funds in the group. In order to continue developing this great objective, we have to take the initiative to help each other much more.
From: I'm care our Hmoob
tee

Australia

#18 Mar 3, 2008
James Yang Tongpao wrote:
America...yes, is a land of opportunity to the few, not to the many. In order for one to understand how policies and how the systems work in America....we have to go back to hundreds of years and take a look at "minorities" in American history, how they were being treated and how they survived. Hmong people in Arkansas or the three states...I believe have been victims of financial fraud by financial and realestate institutions. Anywhere, any places, whether or in the public or private sectors of America..minorities will face, prejudice, racism, and discrimination. To our Hmong people, we must take cautions and think twice before making a big decision such as the chicken farm purchase. You must do some research and look at the business in more details before considering making any moves. Teh best way to do is consulted with an attorney or business consultant before you make decision on such purchase. Please.....think twice...and consult before making any move. America is the land of the few, the rich, and the beautiful, not the land of all races and minorites......James..
just curious james you must be a yang but wondering where tongpao came from , is that your surname? thanks
farm owner

Midway, GA

#19 Jun 12, 2008
Sherman wrote:
I agree with the previous two statements but when you are taken advantage from the start there is no way you can make the profits that you speak of. I think this is a case where the Bank saw a "win win" situation and took advantage of it. Also if they claim that the Hmong moving down to the region drove up farm prices, and was a key factor in the selling price what makes the farm less valuable now? I just think that the Hmong people were taken advantage of by a system that knew the game and could cover it up.
Sherman, you were so right. The bank did see a "win win" situation and took advantage of all of us. About a year ago when RAFI started coming around to talk to many of us farmers, we found out that many of us never completed the farm plans. The farm plans were the initial plans that had to be done by the farmers to be submitted for the guarantee loans from the government. The bank completed the plans without the farmers knowledge to show cash flows so the government would loan on the notes. Surely they know that at the purchase prices of the farm, the farmers (Hmong) will never going to make it. Then the government will pay the banks 90% of the loan when the farmers defaulted on the notes. They have been covering these up, but if the government would investigate the files within the FSA offices, they will learn that I AM RIGHT. FSA and the banks are sleeping together on all the loans to the minorities.
Sherman, I thank you for your strong comment.
farm owner

Midway, GA

#20 Jun 12, 2008
don Lee wrote:
<quoted text>
I am not agree what you said, I am not a failure, the bank who prepared the paper works put a false numbers in the loan paper to make the loan sound good in order to sale the place. The previous owner made only $160,000 per year. The bank said in the loan packet that the farm made around $190,000. Expenses was $66,000 before and in loan paper was $32,000 per year. So you think it's my fault. See more detail in below web: http://www.immigrantfarming.org/index.php...
Don, you are absolutely right. Same thing happens to us as well many of my clients. I even know a farm that was close and didn't appraised at the purchase price. Both the bank and the realtor withheld the information from the buyer. I know and read some of the farmers packages and the bank stuck numbers onto the farm plans to show cash flow that never happened.

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