Schiff Farms Inc

Description

In 1945, Walter Schiff founded Schiff Farms Incorporated near Harrington, DE. Initially a small poultry farm, the operation slowly expanded into crop production. Dr. James Schiff, Walter’s son, returned from a thriving dental practice in 1978 to join his father in the business. Operations and land investments drove rapid expansion during Dr. Schiff’s early tenure. Schiff Farms, Incorporated then suffered through the 1980’s with high interest rates, along with other ravages associated with dry-land crop production. From this difficult time emerged a vision and a plan. While hailed by some and criticized by others, diversification became the primary strategy for the future of Schiff Farms, Incorporated Though slowly at first, the plan was implemented. Today the Schiff family business encompasses seven states. Corn, soybeans, barley, wheat and cotton production stretches from Delaware and Maryland on the eastern shore to the cotton belt of Arkansas and to the mid-western heartland of Iowa and Kansas. In all, there are over 15,000 acres in row crop production. A 52,000 acre ranch in the sand-hills of western Nebraska focuses on commercial cow herd breeding and the raising of stocker calves. Three hundred acres in the San Joaquin valley of California produce grapes for the wine industry. Delaware remains home to Schiff Farms’ corporate office as well as a 1.6 million bushel grain elevator and 6,000 head confinement feedlot. The grain elevator purchases locally grown grain and processes corn and soybeans for the Schiff feedlot and several regional dairies. A transportation division operates more than 20 trucks to efficiently handle the movement of the various commodities. Today, the active management is executed by Dr. Schiff’s two sons, T.J. and Scott. Dad focuses on long range planning along with land development for the local residential markets.

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