If it is just expensive ,and not in short supply, they could double their prices. Probably have to think about not growing enuf to feed the entire world. I'd guess the corporate farms would get hit harder, just because of sheer size. The little guys can maybe find places to cut back and to save, that factory farms can't. OTH, factory farms have the $, so they may buy up all the failing small ones. The Amish farmers will make a killing. They can raise prices to stay competitive, and make a fortune. Ultimately, when supplies are decreasing, there might be a national plan to ration fuel for individuals, so that it can be used on the farm. Another thing about the $; if gas goes up, fertilizers and pesticides go up. Cost of pumping water goes up. Remember all the windmills you used to see which were pumping water? May go back to that again, for the little guy. The factories, sucking up the Ogallala Reservoir, could have a big problem. Economies of scale are going to start working against the factories.
Maybe
:-) |