Northern Minnesota | KDD - 5/13/2016 09:27 Lots of posters on this board anymore that need to take an Econ 101 course.... Living in a dream world that producers don't "need" the board of trade, or that "outsiders" shouldn't be "permitted" to participate in the market is absolutely looney.
I took Econ 101. (And 102 and 103.) That taught me that a free market is created as supply of an item and demand for that item interact. And I am surprised that you haven't noticed that that isn't happening today in the livestock business....
And are you saying that cattlemen that have come to recognize this market aberration are "looney" = mentally deranged? Wow! |
Board of trade hater's what is your suggestion?
