Posted by tlak on August 08, 2008 at 13:58:54 from (64.130.174.70):
In Reply to: Re: OT Grain prices posted by paul on August 08, 2008 at 11:42:24:
It's not any good on a world market. Billion of Chinese put a lopsided strain on the system. When the market controls were put on it was because of a combination of tractors and trains. With tractors the farmer could produce more and with the train he could get it to more lucrative markets. The problem was everybody shipped to the lucrative markets and then produced more and more because they made money, but the more they produced and sold the lower the price went because the market was flooded. The farmer was plowing more acreage and producing more, but only making as much as he did with his horse and plow.
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