My guess Randy is the bean prices are in the tank due to the huge amount of beans planted and the record crop that it appears there will be. Add that to the last few years of record crops of beans, and you have low prices. Farmers here in the Midwest, me included, have planted beans, double cropped planting beans, and people around here in KS have left wheat acres out to go to beans, as wheat has been in the tank for the last couple of years. It does not take a Brain Surgeon to realize there will eventually be more beans than there is a market for them all.
So in other words, maybe the Farmer is his own worst enemy. I've said this before, but the old saying is true: "You Can Not Produce Your Way Out Of Low Prices"
Hogs, on the other hand, have always been feast or famine, due to quantity on hand. My FIL owned a 4000 sow, farrow to finish hog operation from the 50's to the early 2000's. He saw it many times. The prices would go up, farmers would borrow money and get into hogs, and the price would crash, the farmers would go broke, or have to sell off assets, and then the cycle would start over again.
I do not make my whole living off of farming, but I know for a fact that there may need to be sacrifices made. It is in no way as easy as "He said She said" Bob
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
