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Western Ohio | If you are going to be strictly a corn and bean farm, you better be the low-cost producer OR infuse your farm with cash from another enterprise. I see both situations.
It's pretty easy to spot the low-cost producers.
If you're willingly paying $60 for 50 pounds of soybean seed, applying 2 or 3 passes of fungicide, insecticide, and foiliar whether it loses money or not, well you may be on the chopping block.
But once again, the government swoops in with market distorting payments. | |
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