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Western New York | What would you do if this turns into a 25 year low cycle. In the 1950s and 1960s, we worked on developing off farm income. Liked farming but cut back a little. It got to the point for some years off farm income subsidizied the farm. Things picked us in the late 1960s and 1970s.
If a bad war breaks out, farm prices will improve quickly. It least that is what has happened historically. Good or bad news, I would hang in there for a few years and get a hopefully better idea for what the future might bring. | |
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