East Central South Dakota | 18) If your an older producer get out now you'll be money ahead.
I guess we don't think the same. To me sustainability in agriculture is sustaining a family business your family homesteaded and carved out of the prairie. How could you sell/bail and not give the next generation a shot? ? We just about lost it all in the eighties and working with my dad to save it are some pretty good memories even without a pot to piss in. A family farm pulling together is probably the most efficient and productive business model ever created.
The world has to produce as much food in the next 40 years as we have in the last 8000. 70 percent of that will be animal proteins. The worlds middle class will be as big as the worlds population just 70 years ago. I think very few thought or think the price level of grains the last 2-3 years was sustainable. Bottom line and message is 10 year cycles aren't a big deal in family farms that plan on being around for a 100 - 200 years. We are on year 110.
EDIT. If times get tuff again we will find out who truly loves what they are doing and what they will do and sacrifice to keep it.
Edited by white shadow 12/15/2013 22:18
|