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Moral Hazard
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indeeppigfarmer
Posted 6/20/2017 21:06 (#6081322 - in reply to #6081252)
Subject: RE: Moral Hazard


Grain prices haven't been low in years, if youve been farming since the 70's that shouldn't be hard to recognize.

If you made good money in the 70's with half the yield, probably had more to do with the cost side of the equation as well.

Still haven't seen 1 acre taken out of production, so, 'Nope we don't have sustained low prices yet.'

I have seen empty feedlots/ hog feeding facilities.

If you think that todays grain prices present 'value' and can easily add value by using them, by all means buy a pen of calves, put up a chicken barn, whatever you want to do that will help increase demand. Don't wait for someone else to do it. It must be easy
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