You grow a generic, undifferentiated product for a competitive global market* You voted for a guy that promised a trade war This isn’t baseball; you may not get a third strike *h/t @lawrencehall105.bsky.social for this concise, excellent description which I’m stealing fortune.com/2025/08/30/r...
Come on, now. They're going get their bailout again once the new fiscal year rolls around. This is just angling for the big "thank you, Dear Leader" to come.
And this is just me angling to maximize the scrutiny on the bipartisan agreement on commodity ag when the inevitable bailout comes.
Perfect. You're right that the Dems won't criticize tapping the Commodity Credit Corporation bucks via secretarial authority. Butter knives to a pistol party and all that.
Sorry to disappoint the Trump trade war supporters, but the government can't pay us enough in subsidies to make up what they have taken away from the market. Getting money from the government is a poor substitute for getting it from the marketplace.
Guys have been yelling it’s the 80’s again or about to be since the 80’s, and then voted en mass to do their best to replicate the circumstances of the time
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.
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
We are back to planting fence row to fence row, like the 1970s. Seems to be heading for a similar result.
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)
Guys raised a lot of hogs without any concrete, wooden huts and electric fence made it pretty painless to get out.
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)
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...
He ran so Jim Pillen could walk
Getting paid by the sq/ft to raise hogs for the Chinese?
Mortgage lifters.
Plus kept you busy enough to avoid getting into other schemes