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Boone Co. Iowa | We are losing export markets to low-cost producers.
We are losing exports as the nations of the world kind of re-sort their post-cold war relationships.. .
Corn acres and technology to produce corn (seeds, chemicals, fertilizer and equipment) has been ramped up over 15 years and crowded out other crops acres/options.....
Soybeans have been pretty good as well.
I think Carbon is the new thing us farmers can grow (store) for value. Market is figuring itself out. But, ethanol had investment money and a lobby. Investors could profit by adding value to corn.
Storing carbon has a lot of value, and in theory farmers can store a lot of it and still grow decent crops.
But farmers won't do it unless there is a profit.
New renewable diesel soybean plant near Alta / Storm Lake is private investor money. Not ADM or Dreyfus or ABCD company ....They will want to get paid and lobby government accordingly.
Land prices do not reflect current corn / soybean prices and their values.
I think row crop farming is going to have to profit in the carbon arena.
I know the land price thread has a lot of interesting and varied comments.
I know family members who bought some ground at $3200 an acre, and bought some similar ground for $1750 10 years later. Land doesn't always go up, or even hold it's value.
What I don't know is if today's farmgound prices are a opportunity that will payback in 5 years or 25 years or even 50 years.
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A very deep overview of renewable diesel market.
