Texas/New Mexico Stateline | Excerpt from southwest farm press Feb 7th issue:
--Southwest Kansas wheat producers received a a higher average price than the average of market advisory services. This was part of a 10-year study (1995-2004) by the University of Illinois using data from southwest Kansas hard red winter wheat farms. Over the 10 year study, the average price received by southwest Kansas wheat farmers was $3.11. If the advice of the advisory services had been followed, the average price that would have been received was $3.05. If the wheat had been sold at harvest, the average price received would have been $3.20.--
Dumb farmers????
This confirms what I think, if you are directly connected to producing a product, you know more about what it is worth than any "expert". That goes for agronomists and extension and consulting services too. Their advice is very valuable, but gut instinct wins most times.
Edited by milofarmer1 2/11/2008 14:18
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Farmers beat market advisory services on wheat prices
