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Keith,
Enjoyed your comments on farming. The consumer has no idea what risk a farmer
takes. Risk of give away prices, weather destroying
crop,insects,weeds,govenment action,ect. Most farmers I know are happy if
they have one good crop with good prices every 4 years.
In 1968 you could buy a 4020 John Deer for around $10,000. and wheat was
around $3.00/bu. Now a new tractor is approaching $100,000, or more and the
price of cash wheat is under $2.50/bu. Yes in good years we produce more
bushels /ac, but in not so good of years we produce the same or fewer than in
1968.
Thanks,
Dennis
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