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A question for you more seasoned (older) experts
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<blockquote data-quote="mnmtranching" data-source="post: 403181" data-attributes="member: 3937"><p>I think the biggest thing to happen to US agriculture ever is the Ethanol from corn thing that's going on. And in the short term it's going to get worse. Think about it. The US has traditionally been a major world player in ag exports. Ethanol is changing that. Corn is such a huge crop that all other crops are effected. The higher the price for corn, the more acres planted and less acres for other crops. You may think that other commodities like beef will follow and the price will go up accordingly. I don't think so, we have free trade, that is, free for country's to export to us. We don't produce enough beef for our own use now, so why isn't the price better? Simple, we are the worlds largest importer of beef. And country's like Brazil with the worlds largest # of cattle is just waiting for the green light to send us fresh and frozen beef, and I don't think they will have to wait long. Sorry I'm not real optimistic about the price we get for our beef compared to the cost of producing it.</p></blockquote><p></p>
[QUOTE="mnmtranching, post: 403181, member: 3937"] I think the biggest thing to happen to US agriculture ever is the Ethanol from corn thing that's going on. And in the short term it's going to get worse. Think about it. The US has traditionally been a major world player in ag exports. Ethanol is changing that. Corn is such a huge crop that all other crops are effected. The higher the price for corn, the more acres planted and less acres for other crops. You may think that other commodities like beef will follow and the price will go up accordingly. I don't think so, we have free trade, that is, free for country's to export to us. We don't produce enough beef for our own use now, so why isn't the price better? Simple, we are the worlds largest importer of beef. And country's like Brazil with the worlds largest # of cattle is just waiting for the green light to send us fresh and frozen beef, and I don't think they will have to wait long. Sorry I'm not real optimistic about the price we get for our beef compared to the cost of producing it. [/QUOTE]
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