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| yes, those who`ve been buying at $15,000-$20,000 land will also be those (for the most part) buying if land drops to $8,000. Actually their desire for more land may keep it from a real crash (80`s style) their have the warchest from a number of off farm sources that is sitting in equities growing at 10% annually .
I think for our own goods we need to, I suppose counter lobby the banks and input companies who lobby for bailouts (for their own bottom line). oh, inputs will always be too high no matter if price subsidies are there or not, but maybe farming has to change/evolve where maybe there no longer is the straight planted, pattern tiled weed free fields. maybe some planters with markers, 2 or 3 cultivations, maybe back to "walking the beans". if $350 Wyffels won`t pencil, go to $110 bag Epley.
because what i`m afraid will happen is the economy is literally fubared though no fault of trump, yet at the next creek crossing, voters may regrettably "change horses" . if in 2028 AOC gets elected she may have zero sympathy for the farm sector and may exact revenge purposely, we may be lucky to not have banana republic "land reform" and past subsidies may be clawed back. if over the next 2, 3 years we keep our heads low, perhaps past exuberances will be overlooked, if the worse happens in 2028.
I have supported a farm bailout these last go round because with what was going on with the trade war, the last thing needed was the addition of headlines of "40% farm bankruptcies !!!" but now we have a feel for the playing field and know who the refs are, we have our sea legs for what`s ahead. | |
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What is the way forward?
