Originally Posted by ERK
The fact that grain prices have been the same for forty years while all the expenses have gone up five times what they were sure doesn’t help. Ed k




Grain prices have seen their ups and downs over the years, driven mostly by the weather and the market scares. I've sold beans from around $4 a bushel, all the way to $12, back when I was growing them. If I'm not mistaken, the highest price for soybeans has been close to $18. So, while we have seen some good prices, the fact is that they don't stay that way, nor does the price of grain go up accordingly to the price of the input required to put out a crop. Add to this the fact that most people who aren't farmers have absolutely no idea what all is involved in the production of any farm commodity.

Farming is the biggest gamble in the world, one that makes the Las Vegas crowd look like amateurs.