S1E656 - E656 They Mortgaged Three Wisconsin Farms to Build World Dairy Expo. Four Years Later It Was Nearly Bankrupt.

Norm Magnussen, Allen Hetts, and Gene Nelson put their farms behind a $100,000 bank note in 1967 so dairy cattle had a stage. With Howard Voegeli securing state backing, four Wisconsin breeders risked their generational ground for a show that had never opened a gate. Within four years, empty arenas, cancelled concerts, and crushing debt brought them to the brink of bankruptcy. This is the unvarnished story of the gamble behind World Dairy Expo—how three working herds survived the collateral, how the breed saved itself, and why an untested idea from a Waterloo tavern booth eventually became the global capital of...