Better them than the Chinese, but according to my farrier, who also farms, if one can even get fertilizer, the cost of the process now costs more than he can make on corn, so he thinks he'll only be raising soybeans this year...but that depends on fertilizer, too.
I hope it all works out for these guys, but they'd probably be better off moving there, running a few head of cattle and some chickens, and planting the rest in vegetables for their families.
All soybeans might work this year (even if they were planted there last year), but it's a temporary solution as they can't keep growing the same crop every year (soil gets depleted of nutrients and nasties - bugs, worms, bacteria, fungus, etc. - take hold) and will need to rotate to another crop. Hopefully, things will be better next year.
You're certainly correct. The way prices are going up, I have a feeling that sometime in the next few months he's going to tell me it's too pricey to plant anything...no profit in it.
Better them than the Chinese, but according to my farrier, who also farms, if one can even get fertilizer, the cost of the process now costs more than he can make on corn, so he thinks he'll only be raising soybeans this year...but that depends on fertilizer, too.
I hope it all works out for these guys, but they'd probably be better off moving there, running a few head of cattle and some chickens, and planting the rest in vegetables for their families.
All soybeans might work this year (even if they were planted there last year), but it's a temporary solution as they can't keep growing the same crop every year (soil gets depleted of nutrients and nasties - bugs, worms, bacteria, fungus, etc. - take hold) and will need to rotate to another crop. Hopefully, things will be better next year.
You're certainly correct. The way prices are going up, I have a feeling that sometime in the next few months he's going to tell me it's too pricey to plant anything...no profit in it.