why should they be slapped around
anyone thinking the market owes them a profit is nieve. With that comment you need to realize the market gives you the tools to look in profits if you use them. Futures, options, insurance all should five anyone healthy margins if they used them.
Re: Wonder what would happen
The funny part is back in 1999 or 2000 We bought corn & paid $1.37 a bushel. Yep it walked off the farm. Heck I can't grow it that cheap. This time with the Bank full, I'm waiting to buy some ground. Already dropped $2500 per acre. I give it 2 more years. That's when I will buy my ground.
Yes Livestock & ethonal production will vamp up. We have increased our herd by 1/3, 10 month ago. Was looking for cheap corn