Posted 9/23/2007 10:57 (#208089 - in reply to #207733) Subject: Re: $12.00 Soybeans?
It is a economic fact that in commodities long term the cost of production and price will be the same, good margins do not last long! Farmers are so optimistic that we forget this ie. poor farm just sold in our neighborhood for $5000 an acre could have bought this farm in mid eighties for $400 dollars and acre.