Eastern VA. No such thing as too many Magnums. | I don't know what to thing of agriculture right now. A lot of U.S. farmers have made VERY big purchases while equipment values are at their highest. It seems farmers all over the world are doing the same thing. It doesn't seem to be a good time to be in debt. (is there ever a good time?) With inputs being so high, it ads so much risk to the equation. While grain prices fall, I wonder if some people will just say "screw this". I think a weak dollar usually is good for agriculture, but it seems the weak dollar is spreading around the world. I hope the farmers in other countries say "screw this" before our guys do. |
Bloomberg.com- Russian Farms strugle with Ag. Development
