Well , I remember back in the mid '70,s when them same "speculators" caused the price of navy beans to go up to around $60 a 100 wt. and back down in around 6 mos. Didn't hear too many farmers in our area complaining? Most got 30 bu per acre that year. You do the math. A lot of new tractors / machinery bought that year. Our one neighbor bought a new '76 Caddy with just the headlands! I agree , natural resources and raw food sources should NOT be allowed to trade on the stock markets.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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