Business Insider

December 17, 2013 12:00 AM

Jennifer Banks: Cooperative competition thrives in Idaho's wine industry

Farming has always been a risky cash flow endeavor. You invest in land (whether you own it or lease it), you purchase fixed assets and raw materials, you secure water rights and you plant the fields. After months of labor and cultivation, you finally have something to sell. That's definitely a riskier model than the building contractors in our office who require a downpayment, hang sheetrock for a few days and then want to be paid by the end of the week.

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