Farmers make part of there cropping decisions based of market prices which will produce income for them. So they have a a period of years of good prices for say soybeans, they gear up to produce that commodity, put it into their crop rotation then as the chart shows the rug is pulled out from under them as relates to China export market essentially drys up.......vaporizes into nothing. We become unreliable trade partners the trust of which took years to build up.Don't see this as a farmers fault , all they are doing is following market signals, until an unforeseen market collapse happens. This evaporation of a china export market affects Deere. Their new combine sales are down 37% in one year. Their stock valuation dropped 7 % in one day on 5/17/19. They will survive because of their many divisions like construction,lawn & garden, and billions in worldwide ag sales. Many farmers may not.
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Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
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