dpilot83 - 2/28/2016 14:04 I think you're looking at it backward. High prices fueled production and squelched demand. Low prices will stimulate demand and squelch production. Right now we are discovering who can produce grain the cheapest. They are the ones who will be left to enjoy the next runup in prices. Unfortunately there is still a lot of money floating around out there so it's going to take a few years of these prices or lower to discover the efficient producers.
Dpilot thanks for putting that into words! thats my mentality... |