1. We are in the cycle of coming off high grain prices, and so everything is inverted now. Seed, chemical, iron, advisory folk, land owners are also used to high Ag prices, and are not dropping their prices as rapidly as crop prices are dropping. We need these cycles to get back in step.
2. Technology is making farming easier, and more precise, and able to ensure more predictable income per acre. However that technology costs, and costs a lot. It is terribly expensive on a 750 acre or smaller farm; and much less cost per acre or per bu on a 3000 acre or bigger farm. Since the technology gives the most best return these days, it is making the big bigger, and squeezing the small out.
It's all much more complex than that, but I agree a short answer is best and those are the 2 issues in a simple nutshell.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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