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To: gogeo

You know, part of the reason I address issues is to flesh them out.

You had an opportunity to inform and enlighten with your brilliance, and this was what you chose to do.

I recall the extreme negative pressures farmers were under in the late 70s and early 1980s. I don’t want to contribute to anything that might cause undo pressure on the family farmer, or our food supply

http://www.nebraskastudies.org/1000/frameset_reset.html?http://www.nebraskastudies.org/1000/stories/1001_0100.html


59 posted on 09/29/2016 3:34:30 PM PDT by DoughtyOne (41 days: Until Presdient Pre-elect becomes President Elect Donald J. Trump. Help is on the way!)
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To: DoughtyOne
I was teasing a little bit. I apologize if I came off snarky.

Modern farming is very sophisticated because it has to be. Consider agricultural markets. By and large they are 'commodity' markets. What does that mean?

In this case, there are so many individual producers of corn, for example, that no one farmer or group of farmers can move the market by entering or exiting. In the parlance of Economists, they are market 'takers,' not makers.

Mornings start early. The light comes on in the kitchen at 4:00 AM. Coffee pot is turned on, and the radio...for the morning AG report. Prices in Chicago for various products, for example.

You can find farmers in their combines, harvesting wheat...and checking markets on their laptop.

Farming has become efficient because it's become more complex. If you check with the ag university in Iowa, for example, you'll find they've catalogued soil types across the state...and combined that with mini-climates to predict the perfect crop and type of corn, for example. This location in this county would do best with this hybrid, for example.

Combine that with the ability to sell futures in products, contracts with conglomerates such as Conagra, Simplot, etc, and you've got savvy producers who understand the product chain from one end to the other.

Those who shoot from the hip (as in all industries) don't last for long. Some producers survive because of the government, others in spite of it.

74 posted on 09/29/2016 5:46:29 PM PDT by gogeo (Black Lives Matter to Donald Trump.)
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