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New Mexico | the thought process of consistently producing something for less dough than your peers, thus means you will always profit, is terribly flawed.
When they ALL think the afore that means the gross top of the market becomes only minorly significant, and moves the main profit center to of course "squeezing the middle." Long term affect means the gross product price in fact becomes a long term downtrend because producers supposedly no longer make their money on product price.
Less is ALWAYS Less, Less is NEVER More.
It's that simple.
Sure less inputs might be better ( according to the common agri econ taught thought process ). The rest of the story ( ussually not mentioned ) is that long term less inputs is directly RELATED to less long term market gross $$$$$, that also relates to Less and LESS consistent long term NET INCOME for that farmer.
Since the norm sells to only about one supposedly fair consolidated co that believes Less is best too, in a "trickle down" price flow...no one is really counting anyway.
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Starting a Dairy
