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Direct Payments
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MRK
Posted 7/3/2018 22:46 (#6849286 - in reply to #6849103)
Subject: RE: Direct Payments


Reminds me of a ag economist I got to hear several years ago and his key take away message is the market will always drive the the average producer to a breakeven. Once you embrace that fact you realize profit isn't made in cheerleading for higher prices, but rather adapting to the market to become profitable.

It's amazing how we have a federal backed crop revenue insurance, a Plc/arc program, and a good few months to lock in favorable prices yet some act like the last month is a tragedy on here. Heck if this thing goes much lower it would be like triple dipping.
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