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Amherst WI | I watched that 80's video yesterday and I think the one farmer mentioned $1.14 for a box of corn flakes. Now that same box is around $4, and there is $.10 of corn in it VS $.05 back then.
I redid some hydraulic couplers on a tractor yesterday, four banks, a switch and warning light for that tractor was $21xx.00. That's well over 40 acres worth of profit with the way this year look just to pay for those parts on that one repair. I even shopped around and got them for less than local too so it wouldn't be 50 acres of profit. It's really numbing when I think the first "big" tractor I bought was $3500 in 2002.
I don't know what the answer is, but having 60% of farm families working a second job just to feed their own family is BS too. | |
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