sw ontario | WAYNE0224 - 1/21/2024 21:14 If you take 1986's $1.60 X 2.8 you get $4.48 corn today. Now, some things have gotten better for today farmer, such as genetics, and yield improvements, Thanks.
With productivity increases in farming , big yields, big equipment I think it skewers the inflation number. No one knows the future ,but looking back at the past 15 yrs. the profits, new machinery,buildings, homes,shops,grain set ups purchased says this has been the best yrs. ever for grain and oil seed farmers
And as others mentioned ,a lot of safety net programs |