Cash positions are better, land purchased isn't leveraged like it was back then, doing our best to literally burn surplus rather than store it. The problem has always been that the answer to both low and high prices is grow more.
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Right. I was mostly riffing on that I’ve heard everyone is about to go broke for decades now, and then trade disruptions and likely higher rates regardless of what the Fed can do were eagerly asked for
sep 1, 2025, 2:33 pm • 0 0 • view
We are back to planting fence row to fence row, like the 1970s. Seems to be heading for a similar result.
sep 1, 2025, 2:37 pm • 1 0 • view
Plus you have one livestock class doing great. (Just like hogs guys had a bit of a different experience if they weren’t over leveraged at the time)
sep 1, 2025, 2:40 pm • 1 0 • view
Guys raised a lot of hogs without any concrete, wooden huts and electric fence made it pretty painless to get out.
sep 1, 2025, 2:44 pm • 1 0 • view
Or if you built your hog stuff 68-74 you were in a pretty good spot. (Hog guys bought a lot of good ground in Jefferson/Gage Co. at the lows after building confinements early)
sep 1, 2025, 2:48 pm • 0 0 • view
FWIW - I was clicking around the other day and this popped up. It's a puff piece and Murphy is old now but it's a little bit of a history lesson or reminder. No mention of the pollution, the stench, the manure leaks, or his influence in NC legislature. www.agriculture.com/meet-the-man...
sep 1, 2025, 3:49 pm • 2 0 • view
He ran so Jim Pillen could walk
sep 1, 2025, 3:51 pm • 2 0 • view
Getting paid by the sq/ft to raise hogs for the Chinese?
sep 1, 2025, 5:12 pm • 1 0 • view
Mortgage lifters.
sep 1, 2025, 2:49 pm • 1 0 • view
Plus kept you busy enough to avoid getting into other schemes
sep 1, 2025, 2:51 pm • 1 0 • view