Posted by paul on September 10, 2014 at 12:35:48 from (66.60.196.200):
In Reply to: What to do posted by oldtanker on September 10, 2014 at 09:14:13:
Oats is valuable because it grows well in Canada, we typically train down a lot of oats to the USA.
But, the trains are all busy, so it needs to be trucked down, and a semi costs a lot more than a train.
So, oats is up in price because of transportation.
if we all switch to cheaper to grow soybeans, we will flood that market real quick and will see $5 soybeans too again.
just one of those cycles.
Not many of the bigger farmers will lose anything this year, they have the costlier crop insurance that protects price levels as well as yields. However, next fall......
We will find the current Farm Bill doesn't help farmers the way they planned.
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