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To: long-gone who wrote (85138)3/24/2001 8:31:49 PM
From: oldirtybastard  Read Replies (1) | Respond to of 436258
 
I don't know, I thought I read somewhere that the US gov't spends more on farm subsidies than revenues or profits derived from the farming, or something like that. I think it would require a severe supply side shortage. I only care about one commodity anyway, starts with a G -g-



To: long-gone who wrote (85138)3/24/2001 9:15:38 PM
From: Don Lloyd  Read Replies (1) | Respond to of 436258
 
l-g

Could the $ value reverse and people could again make money from commodities production? Might that make a difference in small town USA?

The problem is not the $, but the fact that the productivity of agriculture has grown by 3.5% per year for more than a century. No unsubsidized farm not of sufficient scale and level of investment can hope to compete in a commodity market. Specialty products would be possible, however.

Regards, Don


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