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<blockquote data-quote="Stocker Steve" data-source="post: 1606794" data-attributes="member: 1715"><p>Found a blog by that name with a number of archived articles. They tend to take a 10 to 15 year long look at where we have been and where we are going. Nice graphs but not much detail. A couple things stood out to me:</p><p></p><p>- Some of the biggest variations in farm income are in the upper Midwest. Wheat income has come down the most of any major commodity. I think a number of folks went from wheat and cows to corn and beans, which boomed and then went bust.</p><p>- Total equipment costs per acre is coming down a little. Making both machinery payments and land rent payments does not seem doable today.</p><p>- Average cow calf producers are only covering their variable costs recently.</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1606794, member: 1715"] Found a blog by that name with a number of archived articles. They tend to take a 10 to 15 year long look at where we have been and where we are going. Nice graphs but not much detail. A couple things stood out to me: - Some of the biggest variations in farm income are in the upper Midwest. Wheat income has come down the most of any major commodity. I think a number of folks went from wheat and cows to corn and beans, which boomed and then went bust. - Total equipment costs per acre is coming down a little. Making both machinery payments and land rent payments does not seem doable today. - Average cow calf producers are only covering their variable costs recently. [/QUOTE]
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