Something to be proud of

[farming101]

So the solution to world oversupply and low prices is to produce more at a loss? Sounds like the way many farmers try to solve the problem.

No, we don't produce too much around here. Barley likely will make 40-50? Taking care of the carry out one field at a time.
And if we produce a great crop of barley which can be worthless if left out in the weather we should lock the gate and lay off all the hired help?

[AlbertaFarmer5]

Furthermore, in a global economy, the price does not revert to YOUR cost of production, but to the LOWEST cost of production anywhere.

Yes, thanks, that is where I was headed, but ran out of time to finish. Unless we wish to limit ourselves to the domestic market, and severely cut the number of acres/producers, any notion of supply management in grains is impossible. We would be priced out of every export market instantly. And Chuck, with his intimate understanding of all things socialist, came just on schedule to suggest this very thing...

[bucket]

So the solution to world oversupply and low prices is to produce more at a loss? Sounds like the way many farmers try to solve the problem.

FFS ..there is plenty of people starving in the world to use up the volume of grain....

World leaders have no interest in feeding the hungry....but they like giving it lip service. ....