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Texas | Doesn’t really matter today. We were taught lots of economic theory, cause and effect, supply and demand. But you can pretty well throw all that out the window when the government starts doing crazy things to protect industries.
We were robbed at the start of the Russia Ukraine war when signals said wheat could hit 20 and the government put a brick on it. The industry then made sure to suck up all the profit made off the $12 wheat by creating a mostly fake shortage of inputs. They know too much about where break evens are and it looks like they are trying to make sure we don’t have those pay everything off years anymore. | |
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