In today's economy, it is hard to believe that someone (besides the big bad oil companies) is honestly profiting from high costs. Today's farmers are seeing record prices for their crops because of a global demand that hasn't been seen in 40 years. As fuel prices increase 25% from a year ago, crop selling prices have increased 100%! Last year, corn was selling for $3 a bushel and this year it is selling for $6. So when all is added and subtracted, the net profit for farmers this year is 40% higher than last year. I don't know about you, but my salary hasn't increased 40% this year. Now might be a good time to get into farming if you have the knowledge and a few hundred acres laying around. As you can see my one of my previous posts, I have a tractor so I am ahead of the curve!
Chas
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