Reply To: The Random Post Thread (Game Potential)
CommentAuthormtgordon CommentTime9 hours ago
The biggest complaint I’ve heard is that younger farmers are finding it hard to buy land because the prices are so high. I wouldn’t be surprised if livestock farmers were feeling a hit from increased feed prices, but I haven’t heard so much about that yet.
My Agronomy professor said today in lecture that a lot of livestock producers are liquidating their animals. Protein is really cheap right now, but with less producers and China and India looking to purchase a bigger share of the market, he though prices could go up quite drastically in the next year or two.
It looks like the main problem now is the same one we had in the 80’s, farmers are taking on too much debt. The odd thing is that it’s not that we aren’t able to trade grain because of an embargo, there’s just too much demand. It seems counter-intuitive.