European Stars And Stripes (Newspaper) - September 23, 1987, Darmstadt, Hesse                                Magazine Clifford l bolts Wynm looks Overon at a tube Malone near Mesa Ariz vision of pig farms fuels buying spree in Midwest How Vajk Tim Phoil by William bobbins new York Tomasc Lifford l. Wolf Swickel always wanted to be a pig Farmer. A has made that dream come True along with quite a few others. He has been Wheeling and dealing his Way through a Sun Belt land Boom and lately getting into i he Market lot Farmland in his native Iowa. Wolfswinkel a rotund flamboyant Man who always seems to arrive breathless and a by late at the Airport acknowledges that not everyone snares his vision Over the past two years that vision has transformed him into one of the most aggressive of the investors whose deals Are generating a Raily in Long depressed Farmland prices. His passion for the farm life began in the Little own of Hull in Iowa s Northwest Comer where he was born 56 years ago and was reared As the son of a service station operator. He says some of his fondest memories Aie of summertime jobs on neighbouring arms memories thai have drawn him Back to Hull Ever few years for the High school reunion. 1 hey also Drew him into the midwestern Farmland Market leading him to put Down �5 million on 20,000 acres of Iowa Farmland valued at $13 million. In my lifetime i have nol seen an Opportunity to buy this much land of the Quality i in iding in the Corn Belt Lor so mile a non Wolfsw Kel said on an overnight Slop in Kansas City to after a recent Light irom Hii company s Headquarters at re a Anz he was on his Way to ,1  a  tenant Lor his latest Purchase a cat Lac ranch covering 11,000 acres of rolling pasture and 400 ads of tech bottomland in Southern Iowa la was Ine lat Cal of a string of negotiations since Wolls Vul cd Cogan quietly buying Iowa farms under the corporals name of Windmill West inc., at a time when land values were still falling. Now the Farmer land office clerk has a wide Choice of places where he can make a reality of his passion for pig farming. He is setting up one operation to produce 10.000 hogs a year and has already drawn up plans to double thai already drawn up plans to double that capacity. Aides say this is typical of the style that has marked his Fife since he left night school in Hull a town of 1,100 people. From there Wolfswinkel moved to Arizona with his Mother and his father who had retired because of it health. He served a Sling in the army and went on to College studies but he never finished to recalls because he was eager to get on with the business of making deals. As he recalls it he opened a pet shop sold that for about $5,600 and men took a Job in a loan office. The thing i had in mind was to gel a stake he said and Wilh his salary of $25qa month he began investing in Arizona wasteland and turning a profit. Slowly by choosing tracks he believed Lay in the path of development either for Industrial or residential construction or Lor agricultural irrigation he began building up his stake he made his Lisl Purchase Wolfswinkel says against the advice of his Mother using $2,700 from the Sale of his pet shop. The land he was buying was worthless she warned saying no one would Ever want it within a few Days he had resold the tract at a $5.000 profit. And in a few months by saving both salary and profits from deals. He had expanded his slake to $14 000 when i Gat thai i thought i  inc Nch cil juy in Ira . Wails with said but in Short order he Reo ills iw., mrs a of that m Ito speculation one Lor do minor in Tomor  a Tsa and the other Lor 1.020 Iai Ribout a ii. ,1, be  pro in and Tucson i or idol i a pro,.-rt/ a Mado a i 0 000 wednesday. September 23, 1967 Down payment nearly All a had available and agreed la make Miner payments at j1 0,000 a year i did l have any idea where i was going to get the nest $10,000 payment he said. He did l need to make any before the year was up he had resold the land Lor a $250,000 profit. Among other deals that followed were a ranch Purchase and resale that produced a $1 million prof it and a Sale of Industrial land that produced �2 million. Not everything sailed along smoothly Wolfswinkel acknowledged. I blew thai whole $2 million on a cattle  he recalled. With the Bottom falling out of the beef Market he went on to lose about $5 million in cattle investments in the Early 1970s. We were pretty sick Lor seven or eight years he said. What he was left with he recalls was Good credit and the painful necessity to Start rebuilding his slake by disposing of land holdings he had built up including a much prize game farm in Oregon. Now Wolfswinkel has rebuilt his stake including about 7,000 acres of Arizona property much of it in the path of government irrigation projects that he says have vastly enhanced its value. Wolfswinkel brings the lessons Learned irom the cattle debacle and the Arizona successes to his Farmland purchases he admits that his enthusiasm is nol entirely shared by the three of his our children who have joined him in his Mesa based land business which the family operates under inc name of Southwest properties. But Ryder do Groove a land Shrol or who has handled most of inc Dell and  a to Truw up in Hull  Wilsa incl is a Man to to Lis Tonuci to  his background m Ojea pulling i s Al .3 s been a real or id a. Enid the Hokr 1 he Jim . Trades Trade a a  it  a .4ij5 it Enimio to Oik " the stars and stripes Page 13