Many farmers in the Delta are pleading for financial help from the government, warning that low prices, high costs and tariffs could push many into bankruptcy. CNN’s Dianne Gallagher reports.
What does “store more and ride it out” look like. I don’t know the shelf life of soybeans even in ideal conditions but I don’t see China changing course and suddenly buying more next year.
Difference in a society that makes plans on a 10, 50 and 100 year time frame and a society that would let you pay them $100 to burn your house down because hey, it’s $100 they didn’t have before.
Monitor the markets and haul when they spike. Don’t know how long they stay good but probably a couple years maybe. You’ll lose some to rot over time but it’s better than selling low. He mostly grows corn and has pigs too so it’s not like that’s his only source of income.
What does “store more and ride it out” look like. I don’t know the shelf life of soybeans even in ideal conditions but I don’t see China changing course and suddenly buying more next year.
Difference in a society that makes plans on a 10, 50 and 100 year time frame and a society that would let you pay them $100 to burn your house down because hey, it’s $100 they didn’t have before.
Monitor the markets and haul when they spike. Don’t know how long they stay good but probably a couple years maybe. You’ll lose some to rot over time but it’s better than selling low. He mostly grows corn and has pigs too so it’s not like that’s his only source of income.
Plus, burning down the house increases GDP once you rebuild it