It cost farmers $450 and acre to plant corn
200 bushels an acre yield @ 3.00 per to sell
Now you have rent or mortgage payment
Real Math
If farmers cant stay in business then they should go out of businesses and get real jobs.
If weaker farmers go out of business or cut back on production, prices will rise, making it more profitable. Commodities in general always go through boom/bust, trade war or not.
It cost farmers $450 and acre to plant corn
200 bushels an acre yield @ 3.00 per to sell
Now you have rent or mortgage payment
Real Math
Lets make it real easy math
$450.00 and acre for Fertilizer, herbicide, seed, fuel, insurance, labor, repairs.
$100 and acre for equipment and building loans
$250 an acre for rent for the land
$750 an acre cost of production.
200 bushels of corn times $3.25 per bushel equals $650 and acre
$650
-$750
-$100,000
How many of you would like to work all year for the privilege of owing the bank 100K???? at the end of it all