The market has a way to deal with oversupply. Its called pricing.
Would you keep producing tons of wheat or canola if the price dropped in half?
It has a way to deal with undersupply as well. Should milk really be $10 a gallon? Work that out in equivalent terms to the commodities we produce.
The US system backs the cost of production mostly. Thats what we have with crop insurance mostly, but should profit be backed as well? I dont think so.
Would you keep producing tons of wheat or canola if the price dropped in half?
It has a way to deal with undersupply as well. Should milk really be $10 a gallon? Work that out in equivalent terms to the commodities we produce.
The US system backs the cost of production mostly. Thats what we have with crop insurance mostly, but should profit be backed as well? I dont think so.
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