I didn't think you were unedumacated on farming or nothing. The only problem we have now days is this. Lead times on crops are so long. The grain markets are volatile. If the soybean crop looks as though it's gonna be poor...then the money people buy a bunch of extra grain from South America. Then when the crops come off here the price is down again. Oh and don't forget farmers see a raise in prices and they plant more of that crop...then the price is down because the acreage planted is so much larger. And the biggest thing is the American farmer for the most part isn't a family farmer any longer. They are corporations that are interested in making the most money with the resource so they don't do the crop rotation thing. They don't leave ground fallow. The family business farmers are the same way. And right now go out and buy a farm and pay for it farming. Won't happen. Probably won't even get a loan to buy the land. Just checked a few minutes ago. The price of out of the field Wheat is 4 dollars and December corn is 3.91. This is the time of year I contracted my corn if the price was right. Then if ya don't have storage you have to pay storage rent of so many cents a month. That farming business isn't a family farmer John in the back 40 thing any more. By the way...The government is going to let some of the acreage in the CRP program be taken out without penalty, as long as the ground is used for grain production that will go to Biofuel production. Yeah, sure, how will they know where it goes..unless they contract with one of the biofuel companies. And some of them also sell grain commodities. Wish it would work...but big business is involved amn. That means more money out of you(and my) pockets! I'm just full of Doom and Gloom, huh?
Well not really..gonna buy the farm next to me if I can get it for the right price. We're close on that...and there is another 85 acre place right down the road I might buy....