Corn Price $3.89 Today

I don't feel too bad for grain farmers. The cotton boys have been getting the shaft lately.

Wish the government would enforce companies making cost the same across the board for US and overseas farmers. Would help to level the playing field and allow for less subsidies possibly. Some farmers out there have become too reliant on payments and subsidies to operate profitably in lean years. lt is tough for young farmers to enter and be able to get land without having to kill themselves with sky high rent they have to offer to get acres to work.

Unreal take.

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Go buy you some 10k an acre land at 5%, then gets you a 2 mil operating loan at 5%, then get you about 5 mil worth of farm equipment to get your crop in the ground at whatever yiur shitty credit qualifies for after you took on that much debt, then hope $9.89 beans, $3.89 corn, and .60 cent cotton can make you enough to keep you afloat after paying loan payments.

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Sounds retarded.

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Some of you armchair farmers don't have a clue

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I grew up in and around the industry my whole life. However I am not a farmer, just to be clear…but you are absolutely correct.

Well if you’re getting into farming to do these crops you are an idiot and shame on the banks for loaning you the money. Only young farmers that still make money on these crops are people with paid off family land and mostly paid off equipment. If you are starting out farming in La and not doing cane there’s not much potential.

99.9999% of lenders would laugh you out of their office with that business plan and rightfully so. You can’t cash flow dirt on a note. Our returns before expenses are 2.5% based on land value and 1/5 share. I don’t know how the guys farming our place make the numbers work but they are working 10,000 ac and diversified ( own a couple thousand ac).
All of the “Lazy” farmers bellied up decades ago or ate a bullet.

True, at this point, the future is bleak except for operations working paid off ground.

South America is only going improve and increase yields.

The level of shear stupidity on this board is amazing

How folks that would lose 20 pounds if the power window went out on their pickup truck are so dismissive of farming and farmers is a mystery to me. There are about 340 million people in this country and about 390 arable acres. Low estimates indicate somewhere around 2 arable acres per person is required to produce enough food to keep everyone fed. Thats not a good situation LOL. To make up the difference we rely on irrigation that creates more viable crop land....and water is a major source of issues as well. We need to quit focusing on who is having sex with whom and find a way to ensure the people who know how to feed the rest of us are able to do so. When societies start experiencing true hunger on any kind of scale bad shite tends to happen that makes school shootings seem paltry in comparison....yet many of us vilify farming and farmers and far to many of us ignore policy which makes it profitable only for major players. Humans need air, food, water and shelter to survive...we have monetized all but the first one and we ignore keeping that one clean enough to sustain us so we garner more cash that is meaningless without food, water and shelter.