East Central South Dakota | The function of price is to curb demand to meet the available supply------------this is the basic foundation of our market. I will concede Government influence has had an affect on the basic principle and sometimes distorts the true market---short term. But, in general I believe in this basic premise which is the foundation of a free market......
Prevent Plant, CRP, farm bill could all be argued as market distortions, but in the long run the market adjusts and price elasticity in regards to demand holds true. |