Ah yes, when confronted with reality, throw out the class-envy argument.
I've spent years working in sales management for large companies; it gives me a unique perspective upon returning to a farm operation. I know how business works at all levels: manufacturing; distribution; and retail.
Farmers operate under NONE of the usual "free trade" parameters. They cannot, because the price paid for their products is artificially manipulated.
On a lighter note: I notice Dodge is coming out with a new "Challenger." It's supposed to be $35,000.
In the early 70's Dad was paid the same price for corn as we are today. I have a Dodge in the Garage from the era...sticker price $3800.
If only Dodge operated under the same "free market" conditions...
Farming...silly "buggy whip" industry...who needs a safe and reliable food supply, anyway?
Yes, I understand that the government manipulates the prices of farm goods. The government artificially raises prices. You're claiming the CBOT artificially lowers prices. Who on the CBOT does this? Is it the locals? The contract buyers? The sellers? The companies that are the final users?
Please explain how these villains artificially lower the price for farm goods.
On a lighter note: I notice Dodge is coming out with a new "Challenger." It's supposed to be $35,000.
In the early 70's Dad was paid the same price for corn as we are today. I have a Dodge in the Garage from the era...sticker price $3800.
Do I really need to explain to someone with all your sales experience that there is a difference between corn, an identical commodity produced by tens of thousands of farmers, and a Dodge Challenger, a specialized product containing thousands of high tech parts produced by only one manufacturer?
I don't suppose your farm is unionized? Any work rules that prevent you from automating or changing your procedures in any way? Could your productivity have increased faster than that of Dodge?
Hmmmmm......looks like production has tripled since 1970. Looks like yield has doubled. Do you need me to explain how that might impact prices?
Gosh, it must steam you to learn that the U.S. exports some $60B of it a year.