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$12 Billion
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ehoff
Posted 8/10/2018 15:10 (#6922399 - in reply to #6922328)
Subject: RE: $12 Billion


Central Missouri
This is our reality for the next 20 years of this cycle. It’s the same reality that farmers faced in the late 70’s through 1995. There will be a few years like maybe 4 when we have big high prices. The other 16 prices will be under pressure. We are in the commodity business. Our production costs will continue to rise. We will have a period in the next 20 years very similar to 1986. There will be opportunities.

I think USDA left soy exports unchanged. So are the tariffs really doing this or are we just too good at raising high yields?
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