To: Olog-hai
I was an accidental wheat farmer for about 14 years as I inherited a KS farm from an uncle. The whole farm was 160 acres (quarter-section) and had 72 acres in wheat. I had maybe three really good years, 9 years were marginally OK, and a couple of years where either crop insurance or the USDA price support came into play. I sold the place at the top in 2013 and am very glad to be out of the game.
2 posted on
08/27/2017 11:34:22 PM PDT by
T-Bird45
(It feels like the seventies, and it shouldn't.)
To: T-Bird45
This year’s wheat crop of 45.7 million acres (18.49 million hectares) is the smallest since 1919
Wouldn't you be able to grow a whole lot more wheat on the same acreage in 2017 than in 1919?
9 posted on
08/28/2017 4:02:49 AM PDT by
Dr. Sivana
(There is no salvation in politics.)
To: T-Bird45
The kids I grew up with in the farm-country of Michigan told me that the smart farmers, who could, kept wheat off the market if the price was too low to be profitable. I wonder how much wheat has to be sold to make the various payments due to poor financial planning?
22 posted on
08/28/2017 7:21:43 AM PDT by
Ace's Dad
(BTW, "Ace" is now Captain Ace. But only when I'm bragging about my airline pilot son!)
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