Posted by sourgum on September 13, 2019 at 12:57:43 from (107.77.209.136):
In Reply to: Soy Bean Farming posted by Married2Allis on September 13, 2019 at 07:00:46:
Your friend might not want to invest heavily in soybean farming right now. It might be a break even enterprise at this point. He should ask around to see if there are custom operators around to do his harvesting, rather than investing in a combine, if he decides to go ahead with this.One could also sell the beans at harvest without investing in a grain bin, by just trucking them to the elevator right out of the field. Last year farmers lost all of their export demand for soybeans to our largest foreign buyer due to the trade war. The soy market has not recovered from that.
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