Fifty years ago a college economics professor made a statement, when talking to a group of us high school kids, that has stuck with me ever since. " I have yet to see any commodity that farmers cannot produce into worthlessness" . Time has proven him right.
The hemp production will settle out. It will not replace the economic value that tobacco had in the southern states. The tobacco industry was centuries old. It was a system that was very mature. So most of the bugs where out of the system.
The producer that stated he wanted to jump from 200 acres to 300 acres and then make a $2000 an acre profit, was smoking some of hemps sister product!!! The only reason tobacco had a profit was the government program controlled production for the last fifty years. So guys did not over produce. The producer talking seems to forget that every single hemp producer is wanting to do the same thing he is wanting to do. So I bet in just a few years there will be a small profit per acre at the best.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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