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indiana | Pipe dream how about you compare the price of TV’s and computers today vs 20-30 years ago? Everyone has a big arse TV now , because it’s cheap.
Nothing wrong with making comparisons, but they can get you in trouble.
Corn and soybeans have very little value until you process them into feed,fuel, food,etc. Corn and soybeans are raw materials. Econ 101, the price received for raw materials continually gravitates towards the cost of production.
Expense reduction tends to be one of the greater profit generators more often than not.
We raise raw materials, if you aren’t going to add value to those raw materials you better raise a lot. | |
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For everyone who rejoices over $11 beans and whatnot
