On Jul 18, 2010, at 3:53 PM, eckinator wrote: > is there too much supply, too little demand, too much price pressure > or what is the reason for this?
Farming in this country, and I assume in much of the rest of the world, e.g., Brazil, Canada, Australia, is a capital intensive business. My grandfather started farming with two mules and a collection of used horse-drawn equipment. He was able to get started in farming off the income he earned as a hired hand. This is is impossible today. Even to plant a crop, farmers have to borrow money from the bank, lots of it, for seed, fertilizer, and fuel, not to speak of the huge initial investment in tractors, implements, harvesters, and on-form drying and storage equipment. You have to farm a lot of acres to make such investments possible. ------------------------------------------------------------------------------------------ Eric Weir Decatur, GA USA [email protected] -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
