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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: ManyMoose who wrote (103723)5/11/2005 11:27:22 AM
From: Ish  Read Replies (1) | Respond to of 108807
 
<<Does it average out?>>

If you don't jump in and out. When hog prices are high, everyone starts raising hogs making for low pork prices. Then they jump out and hog prices soar making the guys who still have some well off. A lot of producers are pre pricing before raising. Say Oscar Meyer offers me $55 per hundred weight on 50,000 hogs averaging 300 pounds per hog for September of '06, then I raise 50,000 hogs and sell them for $55 no matter if the open market is $25 or $75.

<<I think most private farmers work on somebody else's land at least part of the time just to get more acreage under plow.>>

The average around here is own 300 acres and farm 2,000. Extra money.