Trying to counter the caterwauling of libtard lynch mobs with facts!
The Church does own a number of farm properties. As you know, we have some welfare properties whose produce is used to supply food for the needy. These are operated strictly for charitable purposes and legally qualify for tax-exempt status.Then we have some commercial farm properties. I spoke earlier of the reserves of the Church. Prudent management requires that this money be put to use. In that process, we have purchased and hold some good, productive farms. They are well operated under capable management, and they yield a conservative rate of return. We have felt that good farms, over a long period, represent a safe investment where the assets of the Church may be preserved and enhanced, while at the same time they are available as an agricultural resource to feed people should there come a time of need.
Again, all such commercial properties are taxed under the government entities where they are located. Not only do they pay property taxes, but also income taxes on any profits. So it is with all of the commercial operations of the Church.
This was from Gordon Hinkley in 1991.
FWIW farmers and ranchers like these enterprises. Good neighbors and properties are kept up. A phone call to them in times of distress will garner more volunteers than you could ever use.