Cambridge, southwestern Nebraska | Seems to be the way it is. I read somewhere a few years back agriculture resets about every 30 years to a new level. Mid 70's, 2005-2013, and now we settle back until 2040. There will be a few good years in between but a lot of barely break-even years. With the high costs and the money flow involved it is much fun for a sub 5% return.
The Walmarts of the world work off of 2% returns but do they really have a whole lot of risk? A lot of managing and money flow but not a lot of risk for things out of their control and they can charge to receive the price they need instead of being farmers who have to take what is offered. |
The real income problem
