1. We are in the cycle of coming off high grain prices, and so everything is inverted now. Seed, chemical, iron, advisory folk, land owners are also used to high Ag prices, and are not dropping their prices as rapidly as crop prices are dropping. We need these cycles to get back in step.
2. Technology is making farming easier, and more precise, and able to ensure more predictable income per acre. However that technology costs, and costs a lot. It is terribly expensive on a 750 acre or smaller farm; and much less cost per acre or per bu on a 3000 acre or bigger farm. Since the technology gives the most best return these days, it is making the big bigger, and squeezing the small out.
It's all much more complex than that, but I agree a short answer is best and those are the 2 issues in a simple nutshell.
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Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
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