 East Central South Dakota | Your first paragraph is astonishing proof you don't understand the industry and specifically you don't understand how multi-generational farms with access to affordable land have a huge competitive advantage over every other business model in production agriculture.
Your post, "Then in the very next post you say land is only for cash flow and will never be sold. That is not capitalism. That is at best feudalism. So the goal is not economic return but rather control of said land. That theory in itself is very inefficient and causes bloated production prices of which the government didn't cause."
That post is just absolute ignorance of farm economics. The multi-generational farm that has access to affordable land has, without a doubt, the best economic return in the industry. That farm also has the lowest cost of production which will cause LOWER not bloated production prices as commodities seek out a price of the lowest cost producer.
You simply don't have a grasp of how crop insurance has mutated into an instrument that has replaced the market forces for planting decisions and has brought too many marginal acres into production. The abuse of preventive plant is a day's discussion on its own merits.
This saying seems somewhat accurate of your postings. "Farming looks mighty easy when your plow is a pencil and you're a thousand miles from the corn field."
Have a Merry Christmas. Looks like you might have some extra time on your hands with non-essential employees getting a furlough.
|