Posted 4/28/2021 18:19 (#8977346 - in reply to #8977333) Subject: RE: Realistically, where are we at?
Columbia Basin, Ephrata, WA
IN555 - 4/28/2021 16:09
Adjusted for inflation from 1973 beans would have to be $72 and corn $24 to match those old highs. I know a guy that drove a grain truck full of beans into town in 1973 and walked over to the ford dealership and bought a brand new truck with the cash. I wouldn't hold your breath waiting for inflation adjusted prices in grains.
We were talking about 2008 prices, but since we’re now on the 1970’s subject, you know who didn’t get a new pickup for a truckload of beans in 1973? The guy that sold out way before it hit that price because he was so sure it would never get that high.
Realistically, where are we at?
