|
South Central Iowa | It does certainly.
But none of the others have a nebulous 3rd party determine what price their goods will be sold at. Also, pretty much every one of our input suppliers are monopolistic; fertilizer and equipment especially. Competition in name only.
We are an inverted hourglass in Agriculture. We bottleneck up and down the supply chain. We buy from a handful of suppliers and sell to a handful of users at the ends. This is unique. Most supply chains grow in numbers as you move down.
I still enjoy it, but it frustrates at times. Fertilizer or chemical should cost what it costs plus profit, not what they calculate they can extract. That means there are too few competitors in those fields. That's because they all merge into a few and then set off each other.
Edited by Conan the Farmer 9/17/2018 10:06
| |
|
I Walked Off the Field Today...
