They must be letting the farmers keep most of the profits.
An old Cold-War joke:
Russia says it’s built the most sophisticated computer in the world. Premier invites American scientists, tells them to ask it anything about Russia. American scientist knows wheat harvest will be horrible this year, types in, “what is the expected grain harvest this year?” Computer replies, “yes, but what about the way you treat your blacks?”
Russia should not export any grain but store it now; they will need it later.
Why?
Because the magnetic north pole has shifted to just off the Siberian coastline. That means ice will begin to build and the climate will grow colder.
0bama to farmers for good harvest: “You didn’t grow that...”
IIRC, in the 1980’s, there was a shortage in Russia....and we scr**** them royally.
Now imagine that.
A leader who praises, rather than denigrates his people for their productivity.
Must be a totalitarian.
Well, as long as he doesn’t start demonizing them and praises them, then he is not as bad as Stalin or Lenin...
The Black Sea region is one of the great breadbaskets of the world, along with the American midwest and the north China plain. The Greeks and Romans ran grain ships into the Black Sea. The only times in history that the region didn’t produce an exportable surplus were when the Mongols rolled through and killed everyone, and when the communists ran it on the basis of collectivization.
When has any president praised the farmers and ranchers who feed not only our country but much of the world? I can’t remember ever hearing it.
What a big change from the Cold War when the US had to ship grain to the Soviets.
Our local wheat price started at about $3.60 per bushel, 2 weeks later it was at $2.75 per bushel.
Need I explain that you cannot grow wheat for $2.75 per bushel and make a profit?
Yes, they had a record crop in Kansas.
It was very mixed as to yield here.
Haven’t we heard that before???