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| Keep at it if you don't have a more profitable alternative. I know it seems counter-intuitive, but it's Stage 2 of production in economics that is where low cost guys want to be.
Stage 2 means production revenues will generate enough money to pay for variable expenses (seed, fert, chem, fuel) but won't pay for all of your fixed costs (land, equipment, labor). The alternatives are bleed some equity in hopes that it turns around or quit. No one wants to quit (unless they are retirement age or have a day job maybe). So keep at it and make it work for a few years. See what happens, maybe markets turn around.
I'm gonna go work my butt off for free all day now... | |
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I'll take the bashing by predicting we are on our way to a 180+ yield
