Death comes to us all. Life's but a walking shadow | However, with regards to your second idea, many posts over the past few years complain about crop prices and the lack of profit. The simple fact is that trendline yield is not only a measure of the anticipated agricultural productivity but it is a prediction that there is a 50% probability the yield will be greater than trend. Another way to say it is that there is a 50:50 chance of higher than trend yields. Given that we already know there are substantial surpluses and current prices reflect those surpluses, anyone who plants a crop given those circumstances, knowingly accepts the almost inevitability of those prices.
So every producer, myself included, who plants a crop under these circumstance needs to ask themselves whose fault is it? |
I would like to Memorialize profits of the US Farmer
