Posted by Andy Martin on February 22, 2018 at 04:54:22 from (209.213.149.120):
In Reply to: FFA posted by merlynr on February 20, 2018 at 16:58:57:
Quoting Removed, click Modern View to see
It all boils down to the free market system. We are able to produce much more than we need, and there are a lot of people who want to produce. GE just got out of the light bulb business. I figured out miraculously many years ago that there is not much profit in mainstream agriculture. Still money in niches, but if there is much money in a niche market, like all natural beef, there will be enough people jump in to lower the profit by overproduction.
My uncle returned from the Navy in 1952, and like any kid he had grown a small herd helping his dad. He had no car so when he got back they loaded up five steers in grandpa's pickup stock rack and took them to town. He bought a brand new pickup with the proceeds and treated his dad to a steak dinner at the cattleman's club. I can't buy a new pickup with the proceeds from 5 steers. Maybe 30 steers. I'm guessing it was easier to live off of cattle back then.
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