I was hoping someone would mention the NFO. They would have meetings and agree to cut back production -- to stick it to the man. Then, they'd go home and save out some gilts. And since that didn't work, somebody got the great idea of a massive tractorcade that would bring Washington, DC to its knees. Yeah, that didn't work out very well, either. Huge PR disaster for agriculture, though some enjoyed a few kumbaya moments. In short, success requires effective management, not market disruption. You need to strive for a below average production cost, while watching risk. It takes time and there are no guarantees. Not everybody makes it. Being born in the right year helps, but mostly it's a matter of preparation, hard work, and capitalizing on that element of chance. |