If you change the costs even slightly, such as with taxes or regulations (like lockdowns) it causes profound effects. What used to make 10 cents per unit now makes -20 cents.
Farmers, who can't just give away their money, will be forced to choose the least desirable option, which is to leave their fields fallow. Some may risk it, hoping that prices will rise to compensate, but not enough will. And so when harvest time comes, there will be actual shortages.
That's not what the article is talking about though. The farmer says that he substituted one crop (corn) for another (soybeans), not that he's leaving it fallow. That's normal in a free market economy.
According to the farmer, there's a soybean shortage in the US. So by him switching to soybeans for the season, he's fortifying our food supply. Plus, soybeans are also used as livestock feed. I fail to see the problem here. If we were experiencing a corn shortage, the price would go up and it would be economical for the farmer to plant corns again. That's how the free market operates, based on supply and demand.
How would switching from one crop to another cause food shortages?
Idiots don't get it.
Margins have always been razor thin.
If you change the costs even slightly, such as with taxes or regulations (like lockdowns) it causes profound effects. What used to make 10 cents per unit now makes -20 cents.
Farmers, who can't just give away their money, will be forced to choose the least desirable option, which is to leave their fields fallow. Some may risk it, hoping that prices will rise to compensate, but not enough will. And so when harvest time comes, there will be actual shortages.
Mess with the economy, you will get disaster.
That's not what the article is talking about though. The farmer says that he substituted one crop (corn) for another (soybeans), not that he's leaving it fallow. That's normal in a free market economy.
Don't be dense. Corn is also used to feed livestock. No feed, no meat. Jesus. Some people's kids.
According to the farmer, there's a soybean shortage in the US. So by him switching to soybeans for the season, he's fortifying our food supply. Plus, soybeans are also used as livestock feed. I fail to see the problem here. If we were experiencing a corn shortage, the price would go up and it would be economical for the farmer to plant corns again. That's how the free market operates, based on supply and demand.