Kinda odd I think that I know guys on the edge or loosing it all still going on while the only recent suicide in the area was a small business owner that was fixing to loose everything.
And I have to disagree with Bruce: When you are competing in a world market and as a group you produce more than the world can use the price goes down. Don't matter if it's farm produce or hard goods from a factory. Simple business. It falls under supply and demand. When supply meets demands the supplier makes decent money, the manufacturer makes decent money and the end user pays a fair price. When demand exceeds supply the supplier makes a premium, the manufacturer may have to raise prices but will mostly try to cut cost elsewhere and the consumer get held up, generally resulting in lower sales forcing layoffs and factory closings. When supply exceeds demand the supplier gets far less, the manufacturer will make bank and the end users may enjoy lower prices.
Now there are several ways out of an over supply situation. Like with a factory you can idle production. Like some have tried to do with AG production and find another way to use it like making ethanol. Or for the farmer cutting production. Another way is to spark a trade war by barring certain imports or putting high tariffs on goods. But if you look at history that most often doesn't work well. I has and can spark a recession or depression.
But the simple fact for farmers is if you have a market for 1 bushel of grain or one gallon of milk that doesn't mean you have a market for twice that.
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Today's Featured Article - Tractor Profile: Case VA Series - by Staff. V, VC, VI and VO). Althouh the Case VA looked much like the V, it shared no major components with its predecessor. Except for military units, the production of the Case VA was interrupted in July of 1942 due to World War II. It resumed again in 1944 and continued until 1953. It started up briefly later on in 1953 and continued on a very limited basis until 1956. The VA Series included the following models: VA: Fixed front wheel tread VAC:
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