Independent Richard? That's a good price !
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Cotton is that cultivated land only or does it include forages? The reason I ask is if you use a 30bus/ac wheat average on 200 ac and divide it by 129 people they'll get 12,000 calories a day per person.
If the math is right we will not run out of food anytime soon.
The low prices may be justified.
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The US soybean pipeline is empty which is why their basis had been as high as plus 3 bucks a bushel.
And they have been importing beans for a while now.
Major importing indicates 0 carry over.
They have been lucky to have early harvests to fudge the numbers.
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