Archives for Agriculture & Farming: July 2010

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No News, No Opinions?

By Ken Poland on July 11, 2010

Where are all our writers? As I start writing here, there are only 3 entries since July 1. Vacation time for some and maybe a few like me, this is the busiest time of the year?

We finished our wheat harvest a week ago. Had unbelievable yield and quality. Now if the price would just reflect that quality and take into consideration the inflation on our expenses, we would be doing fine. The prices received by the producers is about the same as it was 20 years ago and even barely matches the returns in the late '40's after price controls were lifted following WW 2. Our production levels have increased dramatically, over the years. But, our input costs have more than equaled the increased production returns. The consumers prices have increased dramatically, too. But the farmer's share of the actual value of the wheat that goes into a 1 lb loaf of bread is still only 5 or 6 cents. If the producer got all of a nickel increase on the wheat in a loaf of bread, it should double our return. A bushel of wheat makes 60 one lb loaves of bread. We get $4.00 or less for a bushel of wheat.

The traditional "family farm" is extinct.

Read more of this post here ...

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The entries on this page fall under the heading of Agriculture & Farming: July 2010.

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The previous archive is Agriculture & Farming: April 2010.

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