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Re: CORN PRICES AND FEED PRICES


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Posted by NY 986 on July 30, 2013 at 05:14:48 from (67.142.168.143):

In Reply to: CORN PRICES AND FEED PRICES posted by 2badlybent on July 29, 2013 at 17:48:29:

First, everybody in the industry is guilty of greed. Grain farmers may be pushing land prices in the Mid-West but big dairies and to a lesser extent the Mennonites and Amish here in the Northeast.
Second, each industry has a rational as to why they should have government intervention and the other guys should have to ride out the free market.
Third, land prices will have to adjust down to where price reflects productivity. The government's debt situation will be of particular influence here. Who is going to pay approaching 20 trillion dollars of national debt. It's not going to be the people in the trailer parks or the fat cats who have moved all assets off shore. It's going to be you and your neighbors who are somewhat of means. You'll be paying pretty hefty sums, too. Enough to where bidding wars for ground will be paltry to what they are now.


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