"Glutted grain markets have sparked a years-long price slump"
Supply and demand at work. As a former farmer myself, what I've never figured out is--when corn prices are low from a glut on the market, why do farmers go all out to plant even more acres of corn, adding to the glut and further lowering prices?
I understand that more acres are planted in hopes of more income, but under those circumstances why not say "Corn is a bummer" and try another crop that might be profitable? That would also reduce the glut of corn.
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Today's Featured Article - The Tractor Parade: Story of a Case SC - by Bernie DeLon. On a early fall morning back in 1994, I opened the newspaper and happened to spy an article about a local antique tractor club having their annual show that weekend.
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