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Market talk is sort of depressing
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Deere6
Posted 9/2/2024 09:29 (#10875715 - in reply to #10875566)
Subject: RE: Market talk is sort of depressing


SE IL
I agree many truly essential things are up significantly, for the most part though so are wages. There is plenty of side work available also for good money if a person isn’t afraid of blue collar work: wrenching, carpentry, pouring concrete, seasonal trucking (construction type). For younger folks starting out these may be the only options to really get ahead. Wasted college education is a serious problem in this country making tough for young people to start. It’s also a shame there aren’t better budgeting and finance skills taught in high school as making smart financial decisions when your young really makes a huge difference (compound interest) as life goes on. Getting off track…..price of corn….since 2013 yields should be up roughly 20 bpa (2bpa/yr) along with the equipment being able to cover more acres with less labor. In the end though prices have been great the last 3 years so we ares imply due for cheaper prices a while to bring things back in balance. It’s the way commodity production always has been and likely always will be. The top 25% will find a way to make money 9 years out of 10 and the bottom 25 will lose money 7 out of 10. A guy has to find a way to be in the top 25.
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