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| Individually no. But if your (and everyone else's) input costs rise to the point where you are losing money every year, some will go out of business and some will simply raise less. The least cost producer survives the longest. Guy's running older equipment with no payments for example. I survived the 80's by simply quitting raising much corn and worked my butt off doing custom haying and selling horse quality hay. We had a boneyard of New Holland square balers to keep machinery costs to a bare minimum. Or here's another crazy idea, a diversified crop and livestock operation. In other words, working for more than a few months a year. Commodities will ALWAYS track cost of production. There will be things like major weather events or world events that temporarily alter that, but eventually it comes back to cost of production, that is why they are called commodities | |
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So let’s be honest about a China deal
