Cambridge, southwestern Nebraska | I guess it took me awhile to recognize what was going on.
Years ago when prices were down, inputs seemed to back off some. When commodity prices were good, inputs went up…somewhat expected and we could live with it.
In the last 5 years, margins have been tight on the farm yet inputs didn’t back off like I would have expected them to. Some just kept going up. I really believe the banks, fertilizer monopolies, seed companies, and equipment manufacturers went to Washington and lobbied to get more money to the farmers so they would be able to pay back loans and purchase inputs from these companies. |
Guesses for Tuesday
